The week before last, hardly anything closed, and I started to wonder whether the hot market was cooling down. Last week, however, it roared back to life.
531 CHAPALA STREET #A
One bedroom, one-and-a-half bath apartment in the Jeff Shelton–design El Andaluz condo downtown.
Listed: $2.15 million in June 2020.
Adjustments: ↓$155K.
Closed: $1.98 million.
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2007 SANTA BARBARA STREET
Undistinguished but turnkey in the Upper East neighborhood.
Listed: $2.395 million in June 2020.
Adjustments: None.
Closed: $2.395 million.
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1393 DANIELSON ROAD
One of four houses on a shared driveway between the 101 and the beach.
Listed: $2.999 million in May 2020.
Adjustments: None.
Closed: $2.815 million.
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581 LAS ALTURAS ROAD
Architectural exotica on the Riviera.
Listed: $3.79 million in October 2019.
Adjustments: ↓$50K, ↓$50K, ↓$50K, ↓$345K, ↓$45K, ↓$55K.
Closed: $3.1 million.
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1124 HARBOR HILLS LANE
Newly renovated Mesa view property.
Listed: $3.9 million in March 2019.
Adjustments: ↓$205K, ↓$195K.
Closed: $3.17 million.
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1514 SINALOA DRIVE
Another Hedgerow house quickly sells above ask.
Listed: $3.195 million in July 2020.
Adjustments: None.
Closed: $3.295 million.
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125 RAMETTO ROAD
Midcentury with views and potential.
Listed: $3.695 million in July 2020.
Adjustments: None.
Closed: $3.695 million.
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280 SANTA ROSA LANE
Recently renovated and Hedgerow-adjacent.
Listed: $4.495 million in March 2020.
Adjustments: None.
Closed: $4.175 million.
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907 PARK LANE
Great outdoor space above Montecito.
Listed: $5.8 million in September 2019.
Adjustments: ↓$500K.
Closed: $4.825 million.
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703 PARK LANE
Ranch house converted to Spanish-style and quickly snapped up for above the asking price.
Listed: $6.385 million in June 2020.
Adjustments: None
Closed: $6.5 million.
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854 PARK LANE
Fabulous Tudor with deferred maintenance.
Listed: $7.95 million in June 2018.
Adjustments: ↓$700K, ↓$255K
Closed: $6.55 million.
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4045 BAJADA LANE
Prime oceanfront in Hope Ranch.
Listed: $17.7 million in July 2018.
Adjustments: ↓$1.727M, ↓$200K, ↓$2.776M, ↓$1.247M (leaving it at $11.75 million)
Closed: $9.25 million.
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