Santa Barbara Monthly Real Estate Newsletter
Carpinteria - Goleta | April 2023
DRE# 02117608
MARKET NUMBERS IN REVIEW
April 2023 YTD
CarpinteriaGoleta
Total Sales 337 (-38% from 2022)
Single Family Residences Sales 240(-37% from 2022)
Condominium Sales 97 (-42% from 2022)
Cash Sales 35%
Inventory 1.44 month supply
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Single Family Residence
April 2023 YTD
Average Sale Price - YTD
Median Sales Price - YTD
$2,008,396 (-17% from 2022)
Carpinteria - Goleta
$3,307,654 (-11% from 2022) *Data
is from Fidelity National Title & Chicago Title
Santa Barbara
2023
Total Sales 50
Average Sales Price $1,935,148 -10% change from Apr. 2022
Median Sales Price $1,767,600
-12% change from Apr. 2022
April
Condominiums
*Data is from Fidelity National Title & Chicago Title Total Sales - YTD 109 Average Sales Price - YTD $2,355,417 Median Sales Price -YTD $1,990,000 Total Sales -YTD 44 Average Sales Prices $1,262,001 Median Sales Prices $1,095,000
Single Family Residence
Year To Date 2023
Montecito
April 2023
Total Sales 10
Average Sales Price $8,048,250
+34% change from Apr. 2022
Median Sales Price $5,326,250
+2% change from Apr. 2022
Total Sales - YTD 37 Average Sales Price - YTD $7,005,235 Median Sales Price -YTD $5,030,000 Total Sales -YTD 6 Average Sales Prices $2,449,500 Median Sales Prices $2,550,000 Single Family Residence Condominiums Year To Date 2023 *Data is from Fidelity National Title & Chicago Title
Hope Ranch
April
2023
Total Sales 3
Average Sales Price $12,686,353
+9% change from Apr. 2022
Median Sales Price $12,800,000
+7% change from Apr. 2022
Year To Date 2023
Single Family Residence
Total Sales - YTD 10
Average Sales Price - YTD
$8,560,906
Median Sales Price -YTD $8,425,000
*Data is from Fidelity National Title & Chicago Title
Goleta
April 2023
Total Sales 24
Average Sales Price $1,504,854
-6% change from Apr. 2022
Median Sales Price $1,287,500
-15% change from Apr. 2022
Single Family Residence Condominiums *Data is from Fidelity National Title & Chicago Title Total Sales - YTD 61 Average Sales Price - YTD $1,601,266 Median Sales Price -YTD $1,405,000 Total Sales -YTD 33 Average Sales Prices $903,227 Median Sales Prices $880,000 Year To Date 2023
Carpinteria
April 2023
Total Sales 9
Average Sales Price $1,079,903
-42% change from Apr. 2022
Median Sales Price $1,075,000
+30% change from Apr. 2022
*Data is from Fidelity National Title & Chicago Title Condominiums Single Family Residence Total Sales - YTD 19 Average Sales Price - YTD $3,001,481 Median Sales Price -YTD $1,580,000 Total Sales -YTD 14 Average Sales Prices $713,286 Median Sales Prices $783,000 Year To Date 2023
Summerland
April 2023
Total Sales 0
Average Sales Price N/A
+n/a% change from Apr. 2022
Median Sales Price N/A
+n/a% change from Apr. 2022
Single Family Residence
Condominiums
*Data is from Fidelity National Title & Chicago Title Total Sales - YTD 4 Average Sales Price - YTD $5,232,288 Median Sales Price -YTD $3,939,575 Total Sales -YTD 0 Average Sales Prices N/A Median Sales Prices N/A
Year To Date 2023
Foreclosures are near record lows…
Charts That Caught
Americans are sitting on a record amount of equity…
ATTOM
Source:
Caught My Eye
Almost half of millennials are waiting on the sidelines for prices to come down…
Demand is still really high for move-in ready homes that are reasonably priced. These type of homes tend to sell quickly.
For more information please visit my website below www.caleboverton.com April 2023 Santa Barbara Real Estate Market Report I have some creative ways to help you get top dollar for your home. Let’s start a conversation!
Santa Barbara Real Estate Agent
DRE# 02117608
Caleb Overton