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Location and Weather Drive Real Estate Prices Higher

By Tracy Lehr, KEYT - KCOY - KKFX Reporter, tracy@keyt.com
Published On: Feb 04 2014 12:20:15 AM CST
Updated On: Feb 04 2014 11:42:46 AM CST

Homes prices vary by millions of dollars along the coast

SANTA BARBARA, Calif. -

California Realtors say their phones start ringing during and after the Rose Parade on New Year's Day.

That's when people living in snow-covered states start thinking about living in warmer climates. But when potential buyers hear the prices of the homes for sale  lin Santa Barbara they often feel a bit of sticker shock.

In Santa Barbara homes prices range from $599,000 to $49 million.

Buyers can stretch their dollars in Northern Santa Barbara County.

The lowest priced home listed in Santa Maria is less than $200,000, the highest in nearby Orcutt is listed for less than $1 million.

Realtors said they could use more inventory. -When supply doesn't meet demand prices rise.

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