It is our pleasure to bring you the Compass SoCal Q3 2023 Market Report. Third-quarter home sales activity around Southern California declined in part due to interest rates. Exceptions included the Santa Barbara County beach town of Carpinteria where home sales activity increased by 38 percent. An 8 percent decline in the median sales price for single-family homes in Carpinteria to $1.6 million may have fueled that activity. Heading down the coast to Malibu Beach the median price for single-family … Continue reading “SoCal Quarterly Market Insights Report: Q3 2023”