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Foreclosure Homes in Summerland, CA 93067

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Summerland, CA Foreclosures

How much do homes sell for in Summerland, CA?
The average home price is currently $2,742,362.
What’s the average rental cost in Summerland, CA?
The average rental price in Summerland is $3,590.
What is the most expensive home in Summerland?
The most expensive home sold in Summerland had a price of $26,550,000.
What is currently the cheapest priced home in Summerland, CA?
The cheapest home for sale in Summerland is priced at $246,483.

Living in Summerland, CA

Summerland, CA, is a charming coastal community known for its stunning beaches and relaxed atmosphere. With a rich array of outdoor activities and local arts, it's perfect for those seeking a serene lifestyle while being close to Santa Barbara's amenities. Families and retirees alike love the inviting streets and community spirit.

Current Market Conditions in Summerland, CA

The real estate market in Summerland has shown a robust demand recently, with properties selling quickly due to the area's appeal as a coastal retreat. Buyers are increasingly drawn to its scenic beauty and the lifestyle it offers, resulting in a competitive market with rising prices.

Inventory levels have slightly decreased, causing prices to escalate, but Summerland remains a desirable market for buyers due to its unique charm and proximity to Santa Barbara.

Home Value Estimator For Summerland, CA

There are currently 462 real estate properties in Summerland, CA, with a median automated valuation model (AVM) price of $2,292,217.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Summerland, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Summerland, CA, is $2,742,362.00, with the most expensive house in Summerland, CA, topping out at $26,550,000.00 and the cheapest home in Summerland, CA, clocking in at $246,483.00. In other words, there’s something for every potential homebuyer or savvy investor in Summerland, CA!

Rent Prices In Summerland, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Summerland, CA, is on a rollercoaster ride. The average rent price in Summerland, CA, is $3,590.00. Indeed, when looking to rent in Summerland, CA, you can expect to pay as little as $1,720.00 or as much as $7,620.00, with the average rent median estimated to be $3,440.00. The good news is that finding an affordable and desirable property to rent in Summerland, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Summerland, CA 93067 Foreclosures


Market Trend for Summerland, CA

Total Listings Available: 0

Market Values:

Home Prices from $246,483 to $26,550,000

Average Sales Price: $2,742,362

Rental Values:

Rental from $1,720 to $7,620

Average Rent Value: $3,590 / month

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