December '23 Santa Barbara Real Estate Newsletter

| Dec. |

Santa Barbara

| 2023 |

REAL ESTATE NEWSLETTER

CalebOvertonSB@gmail.com | 805.453.7080 | www.CalebOverton.com | DRE# 02117608

MARKET NUMBERS IN REVIEW

Carpinteria - Goleta

| December 2023 YTD | Total Sales 1,105 (-23% from 2022) Single Family Residences Sales 773(-24% from 2022) Condominium Sales 332 (-22% from 2022) Cash Sales Dec. 35%

Cash Sales YTD 41%

Inventory 1.90 month supply

Single Family Residence December 2023 YTD Average Sale Price - YTD

$3,196,512 (-5% from 2022) Median Sales Price - YTD

$2,100,000 (0% from 2022)

*Data is from Fidelity National Title & Chicago Title

Carpinteria - Goleta

Santa Barbara

December 2023

Total Sales 35

Average Sales Price $1,956,107 -2% change from Dec 2022

Median Sales Price $1,506,000 -2% change from Dec. 2022

Year To Date 2023 Single Family Residence Total Sales - YTD

354 Average Sales Price - YTD

$2,314,133

Median Sales Price -YTD

$2,000,000

Condominiums Total Sales -YTD

Average Sales Prices

Median Sales Prices

$1,308,379

$1,117,500

*Data is from Fidelity National Title & Chicago Title

148

Montecito

December

2023

Total Sales 10

Average Sales Price $5,047,127 +6% change from Dec 2022

Median Sales Price $4,485,000 +50% change from Dec 2022

Year To Date 2023 Single Family Residence Total Sales - YTD

145 Average Sales Price - YTD

Median Sales Price -YTD

$6,547,476

$5,295,000

Condominiums Total Sales -YTD

Average Sales Prices

Median Sales Prices

$3,139,977

$2,897,500

*Data is from Fidelity National Title & Chicago Title

22

Hope Ranch

December

2023 Total Sales 0

Average Sales Price N/A +n/a change from Dec 2022

Median Sales Price N/A +n/a change from Dec 2022

Year To Date 2023 Single Family Residence Total Sales - YTD

20 Average Sales Price - YTD

$7,035,000 Median Sales Price -YTD

*Data is from Fidelity National Title & Chicago Title

$5,737,500

Goleta

December

2023 Total Sales

24

Average Sales Price $1,369,425 +10% change from Dec 2022

Median Sales Price $1,240,500 +13% change from Dec 2022

Year To Date 2023 Single Family Residence Total Sales - YTD

183 Average Sales Price - YTD

Median Sales Price -YTD

$1,799,749

$1,492,450

Condominiums Total Sales -YTD

Average Sales Prices

Median Sales Prices

$931,538

$825,000

*Data is from Fidelity National Title & Chicago Title

107

Carpinteria

December

2023 Total Sales

Average Sales Price

8

$1,438,125

-89% change from Dec 2022

Median Sales Price

$1,302,500

-17% change from Dec 2022

Year To Date 2023 Single Family Residence Total Sales - YTD

62 Average Sales Price - YTD

Median Sales Price -YTD

$2,990,051

$1,602,500

Condominiums Total Sales -YTD

51 Median Sales Prices

$835,824

$782,000

*Data is from Fidelity National Title & Chicago Title

Average Sales Prices

Summerland

December 2023

Total Sales

Average Sales Price

N/A

n/a change from Dec 2022

Median Sales Price

N/A

n/a change from Dec 2022

0

Year To Date 2023 Single Family Residence Total Sales - YTD

9 Average Sales Price - YTD

Median Sales Price -YTD

$5,208,794

$3,500,000

Condominiums Total Sales -YTD

Average Sales Prices

Median Sales Prices

$1,491,163

$1,638,125

*Data is from Fidelity National Title & Chicago Title

4

Charts That Cau

Source: Keeping Current Matters

Source: Keeping Current Matters

ught My Eye Learn How To:

Charts That Caught My Ey

Source: Keeping Current Matters

Upcoming

Event

Call Caleb and reserve your spot today!

805-453-7080

Two dates available: -Wednesday Feb. 7th at 12pm -Thursday Feb. 8th at 12pm

Monthly Market Report What does the market look like?

For more information please contact me below 805.453.7080 | CalebOvertonSB@gmail.com | www.caleboverton.com

I have some creative ways to help you get top dollar for your home. Let’s start a conversation!

Santa Barbara Real Estate Agent

Caleb Overton

DRE# 02117608