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Location and Weather Drive Real Estate Prices Higher

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


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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