Real Estate Tasting Room

Past Week’s Price Reductions in Santa Ynez Valley Real Estate

Over the past week, there were four listings (of improved properties) with price reductions in the Santa Ynez Valley MLS. These are:

1. 1446 Edison Street, Santa Ynez, a 5-acre property reduced from $1,000,000 to $850,000.

2. 180 Rancho Alisal Dr, Solvang, a 1-acre Alisal Ranch property reduced from $584,500 to $477,000.

3. 645 Chalk Hill, Solvang, a 1/4 acre property reduced from $437,000 to $427,000.

4. 2450 Latigo Drive, Los Olivos, a 19 acre property reduced from $2,395,000 to $2,295,000.

Do you think any of these price reductions will lead to a sale? If so or not, I would love to know your thoughts on these. I will track that listing for you and give you the results…

Cheers!