Riskin Partners Closes Over $260 Million in Luxury Real Estate Year to Date - Record Sales for Montecito, California
Posted by Sara Thandi — July 16, 2015
MONTECITO, California (July 14, 2015) – Santa Barbara’s leading residential real estate team, Riskin Partners, a luxury division of Village Properties Realtors and Luxury Portfolio International, set a new company sales record, closing over $260 million year-to-date. Partners Rebecca Riskin, Dina Landi and Sarah Kelly, earned the #1 position in the Santa Barbara Multiple Listing Service (MLS) for dollar volume sales in 2014, and in the same year Riskin Partners was recognized by the Wall Street Journal and Real Trends as the #8 team in the country for sales volume by teams comprised of five agents or fewer.
Among the team’s 2015 sales was an off-market transaction which closed for $27.5 million, making it the highest sale in Montecito since 2008. The estate, designed by Don Nulty AIA and Michael S. Smith ASID, offers an unrivaled location adjacent to the San Ysidro Ranch, superb privacy and vast ocean views. Riskin Partners was the only agent involved in the transaction.
“The high-end Montecito market (over $8 million) has seen a remarkable upswing in sales during the first half of 2015. Ten single family residences traded hands in the first half of the year, totaling over $121 million, while the first six months of 2014 yielded 5 sales totaling almost $61 million,” explains partner Dina Landi. “This represents an astonishing 98.36% increase in dollar volume year over year.” Riskin Partners was involved in 9 of the 10 transactions year to date and has claimed the #1 position for dollar volume sales in Montecito 9 out of the last 10 years.
About Riskin Partners
Riskin Partners, a luxury division of Village Properties Realtors, the area’s exclusive Luxury Portfolio International affiliate, is the #1-selling luxury real estate team in the exclusive areas of Montecito, Hope Ranch, Carpinteria and Santa Barbara. Proudly representing properties of distinction, Riskin Partners closed over $194 million in 2014, making them yet again the top-selling real estate team in the area. No one understands high-end real estate, and the needs of luxury home buyers and sellers, like Riskin Partners. For more information about Riskin Partners or their listings go to: www.riskinpartners.com.