February '24 Santa Barbara Real Estate Newsletter

Page 1

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

February 2024 YTD |

Total

|
174
Sales
(+23% from 2023)
Residences
Sales 58
Cash Sales Feb. 47%
Single Family
Sales 116(+15% from 2023) Condominium
(+41% from 2023)
Goleta Inventory 2.05 month supply Cash Sales YTD 44%
MARKET NUMBERS IN REVIEW Carpinteria -

Single Family Residence

February 2024 YTD

Average Sale Price - YTD $3,704,584 (16% from 2023)

Median Sales Price - YTD $2,300,000 (18% from 2023)

Carpinteria - Goleta

*Data is from Fidelity National Title & Chicago Title

Santa Barbara

February

Total Sales 41 Average Sales Price $1,961,387 +1% change from Feb 2023 Median Sales Price $1,657,525 -3% change from Feb. 2023
2024

Year To Date 2023

Single Family

Total Sales - YTD 57

Average Sales Price - YTD $2,894,305

Median Sales Price -YTD $2,150,000

Condominiums

Total Sales -YTD 25

Average Sales Prices $1,152,041

Median Sales Prices $1,010,000

Residence *Data is from Fidelity National Title & Chicago Title

Montecito

February 2024

Total Sales 13

Average Sales Price $11,424,192

+19% change from Feb 2023

Median Sales Price $5,950,000

+11% change from Feb 2023

Year To Date 2023

Single

Total Sales - YTD 28

Average Sales Price - YTD $7,176,946

Median Sales Price -YTD $4,957,500

Total Sales -YTD 0

Average Sales Prices N/A

Median Sales Prices N/A

Condominiums
Family Residence
*Data is from Fidelity National Title & Chicago Title

Hope Ranch

February

2024

Total Sales 0

Average Sales Price N/A

N/A% change from Feb 2023

Median Sales Price N/A

N/A% change from Feb 2023

Year To Date 2023

Single Family

Total Sales - YTD 2

Average Sales Price - YTD $5,935,350

Median Sales Price -YTD $5,935,350

*Data is from Fidelity National Title & Chicago Title
Residence

Goleta

February 2024

Average

Total Sales 24

+13% change from Feb 2023

Median Sales Price $1,358,000

-81% change from Feb 2023

Sales Price $1,466,798

Year To Date 2023

Single Family

Total Sales - YTD 26

Average Sales Price - YTD $1,666,775

Median Sales Price -YTD $2,270,000

Total Sales -YTD 18

Average Sales Prices $911,417

Median Sales Prices $878,000

Residence Condominiums *Data is from Fidelity National Title & Chicago Title

Carpinteria

2024
February
Sales 11
Sales Price $867,727 -60% change from Feb 2023
Sales Price $825,000 -28% change from Feb 2023
Total
Average
Median

Year To Date 2023

Single Family

Total Sales - YTD 2

Average Sales Price - YTD $2,447,500

Median Sales Price -YTD $2,447,500

Condominiums

Total Sales -YTD 15

Average Sales Prices $816,633

Median Sales Prices $800,000

*Data is from Fidelity National Title & Chicago Title
Residence

Summerland

February

2024
Sales 0 Average Sales Price N/A N/A% change from Feb 2023 Median Sales Price N/A N/A% change from Feb 2023
Total

Year To Date 2023

Single Family Residence

Total Sales - YTD 1

Average Sales Price - YTD $3,700,000

Median Sales Price -YTD $3,700,000

Condominiums

Total Sales -YTD 0

Average Sales Prices N/A

Median Sales Prices N/A

*Data is from Fidelity National Title & Chicago Title

Source: Keeping Current Matters

Source: Keeping Current Matters

Charts That Caught

Source: Keeping Current Matters

Learn How To: Caught My Eye

Source:

Charts That Caught My Eye

Source:

For more information please contact me below 805.453.7080 | CalebOvertonSB@gmail.com | www.caleboverton.com I am all in for you and your Estate Needs Monthly Market Report What does the market look like?
DRE# 02117608
Santa Barbara Real Estate Agent Caleb Overton
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