February '22 Santa Barbara Real Estate Newsletter

Page 1

Santa Barbara Monthly Real Estate Report Carpinteria - Goleta | February 2022

DRE# 02117608


MARKET NUMBERS IN REVIEW February 2022 YTD | Carpinteria - Goleta

Total Sales

237 (-20% from 2021) Single Family Residences Sales

169 (-25% from 2021) Condominium Sales

68 (-1% from 2021)

Cash Sales YTD 38%


Single Family Residence February 2022

Average Sale Price - YTD

$3,383,015 (+22% from 2021)

Median Sales Price - YTD

$2,200,000 (+24% from 2021)

*Data is from Fidelity National Title & Chicago Title

Carpinteria to Goleta


Santa Barbara

Total Sales - YTD

62 Average Sales Price - YTD

$2,670,751 Median Sales Price -YTD

$2,168,500

Condominiums

Single Family Residence

Year to date 2022 Total Sales -YTD 32 Average Sales Prices $1,137,713 Median Sales Prices $922,500


February 2022 Total Sales

56 Average Sales Price

$2,146,279 +15% change from Feb 2021

Median Sales Price

$1,801,500

*Data is from Fidelity National Title & Chicago Title

+16% change from Feb 2021


Montecito

Total Sales 38 Average Sales Price $7,014,074 Median Sales Price $5,400,000

Condominiums

Single Family Residence

Year to date 2022 Total Sales 6

Average Sales Price $2,553,333 Median Sales Price $2,825,000


February 2022 Total Sales 27 Average Sales Price $5,718,807 +16% change from Feb 2021

Median Sales Price $4,100,000

*Data is from Fidelity National Title & Chicago Title

+4% change from Feb 2021


Hope Ranch

Year to date 2022 Single Family Residence

Total Sales 7 Average Sales Price $5,297,143

Median Sales Price $4,650,000


February 2022 Total Sales 2 Average Sales Price $6,575,000 +54% change from Feb 2021

Median Sales Price $6,575,000

*Data is from Fidelity National Title & Chicago Title

+46% change from Feb 2021


Goleta

Total Sales 50 Average Sales Price $1,628,942 Median Sales Price $1,412,500

Condominiums

Single Family Residence

Year to date 2022 Total Sales 18 Average Sales Price $892,556 Average Median Price $807,500


February 2022 Total Sales 35 Average Sales Price $1,479,035 +38% change from Feb. 2021

Median Sales Price $1,379,000

*Data is from Fidelity National Title & Chicago Title

+43% change from Feb. 2021


Carpinteria

Total Sales 10 Average Sales Price $1,468,100 Median Sales Price $1,452,500

Condominiums

Single Family Residence

Year to date 2022 Total Sales 12 Average Sales Price $850,650 Median Sales Price $795,000


February 2022 Total Sales 8 Average Sales Price $1,013,100 -60% change from Feb. 2021

Median Sales Price $1,054,000

*Data is from Fidelity National Title & Chicago Title

-6% change from Feb. 2021


Summerland

Total Sales 2 Average Sales Price $3,200,000 Median Sales Price $3,200,000

Condominiums

Single Family Residence

Year to date 2022 Year To Date 2021 Total Sales n/a Average Sales Price n/a Median Sales Price n/a


February 2022 Total Sales 2 Average Sales Price $3,200,000 +73% change from Feb. 2021

Median Sales Price $3,200,000

*Data is from Fidelity National Title & Chicago Title

+73% change from Feb. 2021


A Chart that

Please watch the video on the next slid the chart below and some helpful inform

CURRENT MAR Price Range: $1M - $3M

DATE

CLOSED

% SP/LP

% SP/Orig LP

New listings taken in last 30 days

Went Pending in Last 30 Days

Cumul. Days on Market for Pending

3/27/19

50

97%

94%

100

70

71

9/10/19

61

97%

92%

118

77

76

4/30/20

35

96%

94%

55

27

40

12/1/20

93

98%

96%

78

90

44

3/30/21

77

103%

102%

102

89

32

8/2/21

77

105.50%

105%

91

105

17

11/1/21

78

104%

103%

71

86

21

12/1/21

69

106.50%

106%

63

66

21

1/1/22

65

104.50%

102.50%

39

53

22

2/1/22

51

104%

102%

65

55

16

3/1/22

56

108%

106.50%

61

66

18

Holidays


caught my eye…

de as I describe what caught my eye in mation for anyone looking to buy or sell

KET TRENDS AREA: CARP - GOLETA Total Active Listing (active in range)

Cumul. Days on Market for Active

Listings W/drawn

Listings Cancelled

Fell out/ back on mkt

Expired Listings

*Months Supply

324

99

21

399

99

13

4.5 months 23 5 months

243

125

19

16

16

12 9 months

194

58

9

10

6

15 2 months

160

30

7

5

6

9 7 weeks

161

20

4

5

4

10 6 weeks

136

17

3

9

4

6 6 weeks

109

26

6

3

3

10 6 weeks

80

33

3

2

7

4 6 weeks

91

30

4

3

8

8 6 weeks

95

25

2

3

3

3 6 weeks

17


February ’22 Santa Barbara Real Estate Market Report

For more information please visit my website below

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


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