DRE# 02117608Santa
Carpinteria - Goleta | August 2022
Barbara Monthly Real Estate Newsletter
| August 2022 YTD | Total Sales 1066 (-33% from 2021) Single Family Residences Sales 743 (-33% from 2021) Condominium Sales 323 (-31% from 2021) Cash Sales YTD 33% MARKET NUMBERSINREVIEW Goleta-Carpinteria
Carpinteria - Goleta
Median Sales Price - YTD $2,243,500 (+32% from 2021) Average Sale Price - YTD $3,341,949 (+6% from 2021) TitleChicago&TitleNationalFidelityfromis*Data Single Family ResidenceAug2022 YTD
Santa Barbara Total Sales 77 Average Sales Price $1,989,804 +26% change from Aug. 2021 Median Sales Price $1,595,000 +21% change from Aug. 2021 August 2022
SingleCondominiumsFamilyResidence TitleChicago&TitleNationalFidelityfromis*Data Total Sales - YTD 327 Average Sales Price - YTD $2,518,418 Median Sales Price -YTD $2,200,000 Total Sales133-YTD Average Sales Prices $1,246,402 Median Sales Prices $995,000 Year To Date 2022
Montecito Total Sales 16 Average Sales Price $7,495,004 +21% change from Aug. 2021 Median Sales Price $4,637,500 +11% change from Aug. 2021 August 2022
Total Sales - YTD 139 Average Sales Price - YTD $7,206,422 Median Sales Price -YTD $5,325,00 Total Sales -YTD 27 Average Sales Prices $2,715,815 Median Sales Prices $2,875,000 Single Family CondominiumsResidence Year To Date 2022 TitleChicago&TitleNationalFidelityfromis*Data
Hope Ranch Total Sales 1 Average Sales Price $4,195,000 -48% change from Aug. 2021 Median Sales Price $4,195,000 -16% change from Aug. 2021 August 2022
TitleChicago&TitleNationalFidelityfromis*Data Total Sales - YTD 24 Average Sales Price - YTD $8,634,019 Median Sales Price -YTD $6,812,500 Single Family Residence Year To Date 2022
Goleta Total Sales 29 Average Sales Price $1,356,069 +5% change from Aug. 2021 Median Sales Price $1,200,000 +0% change from Aug. 2021 August 2022
Single Family CondominiumsResidence TitleChicago&TitleNationalFidelityfromis*Data Total Sales - YTD 194 Average Sales Price - YTD $1,734,121 Median Sales Price -YTD $1,593,500 Total Sales110-YTD Average Sales Prices $922,707 Median Sales Prices $837,500 Year To Date 2022
Carpinteria Total Sales 10 Average Sales Price $5,028,900 +345% change from Aug. 2021 Median Sales Price $1,197,500 +11% change from Aug. 2021 August 2022
TitleChicago&TitleNationalFidelityfromis*Data SingleCondominiumsFamilyResidenceTotalSales-YTD 48 Average Sales Price - YTD $3,113,630 Median Sales Price -YTD $1,617,250 Total Sales -YTD 50 Average Sales Prices $843,490 Median Sales Prices $800,000 Year To Date 2022
Summerland Total Sales 1 Average Sales Price $3,250,000 -68% change from Aug. 2021 Median Sales Price $3,250,000 -68% change from Aug. 2021 August 2022
SingleCondominiumsFamilyResidence TitleChicago&TitleNationalFidelityfromis*Data Total Sales - YTD 11 Average Sales Price - YTD $2,968,636 Median Sales Price -YTD $2,300,000 Total Sales -YTD 3 Average Sales Prices $1,306,667 Median Sales Prices $1,075,000 Year To Date 2022
-Housing-related household leverage has been very low.
Source: BCA Research (https://www.bcaresearch.com)
Source: Mortgage News Daily (https://www.mortgagenewsdaily.com)
Some Charts That
-Mortgage rates are nearing 6% again.
prices are
Caught My Eye…
-Home sale back below
listing prices.
Source: BCA Research( https://www.bcaresearch.com)
Source: Redfin
inventories(https://www.redfin.com)-Totalhousingarestillrelativelylow.
For more information please visit my website below www.caleboverton.com August ’22 SantaRealBarbaraEstate 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# 02117608Caleb
Overton