January '24 Santa Barbara Real Estate Newsletter

| Jan. |

Santa Barbara

| 2024 |

REAL ESTATE NEWSLETTER

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

MARKET NUMBERS IN REVIEW

Carpinteria - Goleta

| January 2024 YTD | Total Sales 86 (+13% from 2023) Single Family Residences Sales 59(+13% from 2023) Condominium Sales 27 (+59% from 2023) Cash Sales Jan. 41%

Cash Sales YTD 41%

Inventory 2.03 month supply

Single Family Residence January 2024 YTD Average Sale Price - YTD

$3,200,139 (0% from 2023) Median Sales Price - YTD

$2,425,000 (36% from 2023)

*Data is from Fidelity National Title & Chicago Title

Carpinteria - Goleta

Santa Barbara

January 2024

Total Sales 36

Average Sales Price $2,966,098 +33% change from Jan 2023

Median Sales Price $1,717,500 +6% change from Jan. 2023

Year To Date 2023 Single Family Residence Total Sales - YTD

25 Average Sales Price - YTD

$2,475,761

Median Sales Price -YTD

$2,120,000

Condominiums Total Sales -YTD

Average Sales Prices

Median Sales Prices

$1,135,045

$925,000

*Data is from Fidelity National Title & Chicago Title

11

Montecito

January

2024

Total Sales 16

Average Sales Price $5,277,500 -16% change from Jan 2023

Median Sales Price $4,587,500 -4% change from Jan 2023

Year To Date 2023 Single Family Residence Total Sales - YTD

16 Average Sales Price - YTD

Median Sales Price -YTD

$5,277,500

$4,587,500

Condominiums Total Sales -YTD

Average Sales Prices

Median Sales Prices

N/A

N/A

*Data is from Fidelity National Title & Chicago Title

0

Hope Ranch

January

2024 Total Sales 2

Average Sales Price $5,935,350 -2% change from Jan 2023

Median Sales Price $5,935,350 -2% change from Jan 2023

Year To Date 2023 Single Family Residence Total Sales - YTD

2 Average Sales Price - YTD

$5,935,350 Median Sales Price -YTD

*Data is from Fidelity National Title & Chicago Title

$5,935,350

Goleta

January

2024 Total Sales

24

Average Sales Price $1,313,271 +10% change from Jan 2023

Median Sales Price $1,212,500 +15% change from Jan 2023

Year To Date 2023 Single Family Residence Total Sales - YTD

13 Average Sales Price - YTD

Median Sales Price -YTD

$1,692,962

$1,565,000

Condominiums Total Sales -YTD

Average Sales Prices

Median Sales Prices

$864,545

$775,000

*Data is from Fidelity National Title & Chicago Title

11

Carpinteria

January

2024 Total Sales

Average Sales Price

6

$1,266,583

-60% change from Jan 2023

Median Sales Price

$780,000

-31% change from Jan 2023

Year To Date 2023 Single Family Residence Total Sales - YTD

2 Average Sales Price - YTD

Median Sales Price -YTD

$2,447,500

$2,447,500

Condominiums Total Sales -YTD

4 Median Sales Prices

$660,800

$660,800

*Data is from Fidelity National Title & Chicago Title

Average Sales Prices

Summerland

January 2024

Total Sales

Average Sales Price

1

$3,700,000

147% change from Jan 2023

Median Sales Price

$3,700,000

147% change from Jan 2023

Year To Date 2023 Single Family Residence Total Sales - YTD

1 Average Sales Price - YTD

Median Sales Price -YTD

$3,700,000

$3,700,000

Condominiums Total Sales -YTD

Average Sales Prices

Median Sales Prices

N/A

N/A

*Data is from Fidelity National Title & Chicago Title

0

Charts That Cau

Source: Keeping Current Matters

Source: Keeping Current Matters

Source: Keeping Current Matters

ught My Eye Learn How To:

Charts That Caught My Ey

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