South Coast Home Sales Drop

According to the California Association of Realtors, home sales on Santa Barbara’s South Coast were down 22.7 percent compared to last August, and the median price for a single-family home was up 6.1 percent to $1.26 million. In the North County, prices were 13.8 percent lower, with 26.7 percent fewer sales. Statewide averages saw a 27.8 percent decrease in sales and a two percent increase in median price.