May '24 Santa Barbara Real Estate Newsletter

Page 1

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

MARKET NUMBERS IN REVIEW

| May 2024 YTD |

CarpinteriaGoleta

Total Sales 505 (+15% from 2023)

Single Family Residences Sales 365(+19% from 2023)

Condominium Sales 140 (+4% from 2023)

Cash
Sales May 39%
Inventory 2.63 month supply Cash Sales YTD 44%

Single Family Residence

May 2024 YTD

Average Sale Price - YTD

$3,455,415 (6% from 2023)

Median Sales Price - YTD

$2,265,000 (8% from 2023)

Carpinteria - Goleta

*Data is from Fidelity National Title & Chicago Title

Santa Barbara

May 2024

Total Sales 56

Average Sales Price

$2,505,533

+40% change from May 2023

Median Sales Price $2,277,500 +75% change from May 2023

Single Family Residence

Total Sales - YTD 184 Average Sales Price - YTD $2,551,833

Condominiums

Total Sales -YTD 55

$1,010,000

*Data is from Fidelity National Title & Chicago Title
Median Sales Price -YTD $2,242,500
Average Sales Prices $1,141,191 Median Sales Prices
Year To Date 2024

Total Sales 11

Average Sales Price

$6,658,717 +18% change from May 2023

Median Sales Price $4,845,000 -3% change from May 2023

Montecito
May 2024
66 Average Sales Price - YTD
Median Sales Price -YTD
Total
3
Median
Year To Date 2024 *Data is from Fidelity National Title & Chicago Title
Total Sales - YTD
$7,832,181
$5,057,500
Sales -YTD
Average Sales Prices $3,116,667
Sales Prices $3,150,000 Single Family Residence Condominiums

Hope Ranch

N/A% change from May 2023 May 2024

Total Sales 3

Average Sales Price $6,216,000

N/A% change from May 2023

Median Sales Price $6,053,000

Median Sales Price -YTD $6,335,500 Single Family Residence

Total Sales - YTD 8

Average Sales Price - YTD $6,259,275

*Data is from Fidelity National Title & Chicago Title
Date 2024
Year To

Total Sales

38

Average Sales Price $1,444,801 -2% change from May 2023

Median Sales Price $1,340,000 +0% change from May 2023 May 2024

Goleta
*Data is from Fidelity National Title & Chicago Title
Average Sales Price
Median Sales Price -YTD
Single Family Residence Condominiums
Total Sales - YTD 91
- YTD $1,844,384
$1,600,000 Total Sales -YTD 54 Average Sales Prices $1,022,969 Median Sales Prices $900,000 Year To Date 2024

Total Sales 12

Average Sales Price $3,744,667

+213% change from May 2023

Median Sales Price $1,450,000 +62% change from May 2023

May 2024 Carpinteria
*Data is from Fidelity National Title & Chicago Title Condominiums Single Family Residence Total Sales - YTD 14 Average Sales Price - YTD $3,603,727 Median Sales Price -YTD $1,812,500 Total Sales -YTD 29 Average Sales Prices $979,569 Median Sales Prices $825,000 Year To Date 2024

Summerland

May

2024

Total Sales 0

Average Sales Price N/A

N/A% change from Mar 2023

Median Sales Price N/A

N/A% change from Mar 2023

Single Family Residence

Total Sales - YTD 2

Average Sales Price - YTD

$3,200,000 Median Sales Price -YTD $3,200,000

Condominiums

Total Sales -YTD 0

Average Sales Prices N/A Median Sales Prices N/A

*Data is from Fidelity National Title & Chicago Title
Date
Year To
2024
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Source: Keeping Current Matters

Charts That Caught

Learn How To: Caught My Eye

Charts That Caught My Eye

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?

Santa Barbara Real Estate Agent

DRE# 02117608
Caleb Overton

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