Santa Barbara Monthly Real Estate Report Carpinteria - Goleta | January 2022
DRE# 02117608
MARKET NUMBERS IN REVIEW January 2022 YTD | Carpinteria - Goleta
Total Sales
107 (-32% from 2021) Single Family Residences Sales
79 (-31% from 2021) Condominium Sales
28 (-33% from 2021)
Cash Sales YTD 30%
Single Family Residence January 2022
Average Sale Price - YTD
$3,404,999 (+25% from 2021)
Median Sales Price - YTD
$1,950,000 (+15% from 2021)
*Data is from Fidelity National Title & Chicago Title
Carpinteria to Goleta
Santa Barbara
Total Sales - YTD
26 Average Sales Price - YTD
$2,683,000 Median Sales Price -YTD
$2,118,500
Condominiums
Single Family Residence
Year to date 2022 Total Sales -YTD 12 Average Sales Prices $1,090,833 Median Sales Prices $928,500
January 2022 Total Sales
38 Average Sales Price
$2,180,211 +52% change from Jan 2021
Median Sales Price
$1,623,000
*Data is from Fidelity National Title & Chicago Title
+16% change from Jan 2021
Montecito
Total Sales 16 Average Sales Price $7,849,813 Median Sales Price $7,066,000
Condominiums
Single Family Residence
Year to date 2022 Total Sales 1
Average Sales Price $1,850,000 Median Sales Price $1,850,000
January 2022 Total Sales 17 Average Sales Price $7,496,882 +41% change from Jan 2021
Median Sales Price $6,882,000
*Data is from Fidelity National Title & Chicago Title
+79% change from Jan 2021
Hope Ranch
Year to date 2022 Single Family Residence
Total Sales 5 Average Sales Price $4,786,000
Median Sales Price $4,650,000
January 2022 Total Sales 5 Average Sales Price $4,786,000 -18% change from Jan 2021
Median Sales Price $4,650,000
*Data is from Fidelity National Title & Chicago Title
+56% change from Jan 2021
Goleta
Total Sales 25 Average Sales Price $1,538,716 Median Sales Price $1,285,000
Condominiums
Single Family Residence
Year to date 2022 Total Sales 8 Average Sales Price $909,875 Average Median Price $875,000
January 2022 Total Sales 33 Average Sales Price $1,386,270 +22% change from Jan. 2021
Median Sales Price $1,235,000
*Data is from Fidelity National Title & Chicago Title
+25% change from Jan. 2021
Carpenteria
Total Sales 7 Average Sales Price $1,606,000 Median Sales Price $1,500,000
Condominiums
Single Family Residence
Year to date 2022 Total Sales 7 Average Sales Price $791,714 Median Sales Price $775,000
January 2022 Total Sales 14 Average Sales Price $1,198,857 +46% change from Jan. 2021
Median Sales Price $1,200,000
*Data is from Fidelity National Title & Chicago Title
+52% change from Jan. 2021
Summerland
Total Sales n/a Average Sales Price n/a Median Sales Price n/a
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
January 2022 Total Sales 0 Average Sales Price N/A N/A change from Jan. 2021
Median Sales Price N/A
*Data is from Fidelity National Title & Chicago Title
N/A% change from Jan. 2022
Charts that caugh On average, homes that sold in January, up to the $5M level, were sold for over list price and in record time…
If you have ever thought about moving up or downsizing, the seller is in the drivers seat, but it won’t last forever…
Holidays
ht my eye… In January, the general consensus was for the Federal Reserve to raise rates 3-4 times this year…
With precedent hot inflation numbers, the expectations have now increased to 5-7 rate hikes this year, which will eventually take ‘some’ of the euphoria out of the Real Estate market, as mortgage rates have already adjusted upward.
I have some creative ways to help you get top dollar for your home. Let’s start a conversation
January ’22 Santa Barbara Real Estate Market Report
For more information please visit my website below
www.caleboverton.com
Santa Barbara Real Estate Agent
Caleb Overton
DRE# 02117608