SANTA BARBARA REAL ESTATE NEWSLETTER | JUNE | | 2023 | CalebOvertonSB@gmail.com | 805.453.7080 | www.CalebOverton.com | DRE# 02117608
MARKET NUMBERS IN REVIEW
June 2023 YTD |
CarpinteriaGoleta
Total Sales 556 (-33% from 2022)
Single Family Residences Sales 388(-17% from 2022)
Condominium Sales 168 (-22% from 2022)
Cash Sales 38%
Inventory 2.06 month supply
|
Single Family Residence
June 2023 YTD
Average Sale Price - YTD
$3,269,249 (-8% from 2022)
Median Sales Price - YTD
$2,112,500 (-6% from 2022)
Carpinteria - Goleta
is from Fidelity National Title & Chicago Title
*Data
Santa Barbara
June 2023
Total Sales 47
Average Sales Price $2,106,362 +0% change from June 2022
Median Sales Price $1,857,500
+5% change from June 2022
Condominiums
*Data is from Fidelity National Title & Chicago Title Total Sales - YTD 167 Average Sales Price - YTD $2,361,211 Median Sales Price -YTD $2,000,000 Total Sales -YTD 77 Average Sales Prices $1,239,334 Median Sales Prices $1,075,000
2023
Single Family Residence
Year To Date
Montecito
June 2023
Total Sales 19
Average Sales Price $6,831,552
+38% change from June 2022
Median Sales Price $6,100,000
+36% change from June 2022
Total Sales - YTD 78 Average Sales Price - YTD $6,638,346 Median Sales Price -YTD $5,075,000 Total Sales -YTD 9 Average Sales Prices $3,033,000 Median Sales Prices $2,150,000 Single Family Residence Condominiums Year To Date 2023 *Data is from Fidelity National Title & Chicago Title
Hope Ranch
Total Sales 2
Average Sales Price $4,575,000
-28% change from June 2022
Median Sales Price $4,575,000
-27% change from June 2022
June
2023
Year To Date 2023
Single Family Residence
Total Sales - YTD 12
Average Sales Price - YTD
$7,896,588
Median Sales Price -YTD $7,700,000
*Data is from Fidelity National Title & Chicago Title
Goleta
2023
Total Sales 35
Average Sales Price $1,859,106 +18% change from June 2022
Median Sales Price $1,499,000 +7% change from June 2022
June
Single Family Residence Condominiums *Data is from Fidelity National Title & Chicago Title Total Sales - YTD 99 Average Sales Price - YTD $1,783,039 Median Sales Price -YTD $1,499,000 Total Sales -YTD 54 Average Sales Prices $954,569 Median Sales Prices $890,750 Year To Date 2023
Carpinteria
June 2023
Total Sales 12
Average Sales Price $1,371,917
-39% change from June 2022
Median Sales Price $1,205,000
-6% change from June 2022
*Data is from Fidelity National Title & Chicago Title Condominiums Single Family Residence Total Sales - YTD 28 Average Sales Price - YTD $2,643,898 Median Sales Price -YTD $1,655,000 Total Sales -YTD 25 Average Sales Prices $734,880 Median Sales Prices $750,000 Year To Date 2023
Summerland
June 2023
Total Sales 1
Average Sales Price $1,352,000
-87% change from June 2022
Median Sales Price $1,352,000
-87% change from June 2022
Year To Date 2023
Single Family Residence
Condominiums
*Data is from Fidelity National Title & Chicago Title Total Sales - YTD 5 Average Sales Price - YTD $4,885,830 Median Sales Price -YTD $3,500,000 Total Sales -YTD 2 Average Sales Prices $1,489,325 Median Sales Prices $1,489,325
America hasn’t built enough homes to satisfy the demand, over the last 15 years…
Charts That Caught
Supply of homes for sale is up slightly to 2 months. Still drastically below pre-covid levels…
Caught My Eye
Please take a look at the current lending standards vs. 2004-2007.
Source: Keeping Current Matters
FEATURED LISTING | Listed at $1,200,000 4672 Gerona Way
CA 93110 NEW LISTING FORTE
Santa Barbara,
RANCH
CALL CALEB FOR MORE INFORMATION 805.453.7080
G e r o n a W a S a n t a B a r b a r a C A O P E N H O U S E C a l e b O v e r t o n S B g m a i l c o m C a l e b O v e r t o n c o m S A T U R D A Y J U L Y T H P M P M O F F E R E D A T O O O S U N D A Y J U L Y T H P M P M 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
DRE# 02117608
Caleb Overton