November '23 Santa Barbara Real Estate Newsletter

Page 1

| Nov. |

Santa Barbara

| 2023 |

REAL ESTATE NEWSLETTER

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


MARKET NUMBERS IN REVIEW

Carpinteria - Goleta

| November 2023 YTD | Total Sales 1,028 (-25% from 2022) Single Family Residences Sales 722(-25% from 2022) Condominium Sales 306 (-25% from 2022) Cash Sales Nov. 46%

Cash Sales YTD 41%

Inventory 2.22 month supply


Single Family Residence November 2023 YTD Average Sale Price - YTD

$3,235,949 (-1% from 2022) Median Sales Price - YTD

$2,100,000 (0% from 2022)

*Data is from Fidelity National Title & Chicago Title

Carpinteria - Goleta


Santa Barbara

November 2023

Total Sales 38

Average Sales Price $2,041,745 -3% change from Nov 2022

Median Sales Price $1,812,500 +4% change from Nov. 2022


Year To Date 2023 Single Family Residence Total Sales - YTD

329 Average Sales Price - YTD

$2,326,009

Median Sales Price -YTD

$2,016,791

Condominiums Total Sales -YTD

Average Sales Prices

Median Sales Prices

$1,297,990

$1,105,250

*Data is from Fidelity National Title & Chicago Title

138


Montecito

November

2023

Total Sales 14

Average Sales Price $5,275,179 +4% change from Nov 2022

Median Sales Price $5,025,000 +19% change from Nov 2022


Year To Date 2023 Single Family Residence Total Sales - YTD

136 Average Sales Price - YTD

Median Sales Price -YTD

$6,626,564

$5,296,000

Condominiums Total Sales -YTD

Average Sales Prices

Median Sales Prices

$3,179,976

$2,950,000

*Data is from Fidelity National Title & Chicago Title

21


Hope Ranch

November

2023 Total Sales 1

Average Sales Price $4,615,000 +n/a% change from Nov 2022

Median Sales Price $4,615,000 +n/a% change from Nov 2022


Year To Date 2023 Single Family Residence Total Sales - YTD

20 Average Sales Price - YTD

$7,035,000 Median Sales Price -YTD

*Data is from Fidelity National Title & Chicago Title

$5,737,500


Goleta

November

2023 Total Sales

21

Average Sales Price $1,269,338 -7% change from Nov 2022

Median Sales Price $1,240,000 +2% change from Nov 2022


Year To Date 2023 Single Family Residence Total Sales - YTD

170 Average Sales Price - YTD

Median Sales Price -YTD

$1,796,198

$1,499,000

Condominiums Total Sales -YTD

Average Sales Prices

Median Sales Prices

$945,925

$843,500

*Data is from Fidelity National Title & Chicago Title

96


Carpinteria

November

2023 Total Sales

Average Sales Price

4

$1,231,250

+1% change from Nov 2022

Median Sales Price

$1,345,000

+25% change from Nov 2022


Year To Date 2023 Single Family Residence Total Sales - YTD

58 Average Sales Price - YTD

Median Sales Price -YTD

$3,050,916

$1,627,500

Condominiums Total Sales -YTD

47 Median Sales Prices

$841,532

$785,000

*Data is from Fidelity National Title & Chicago Title

Average Sales Prices


Summerland

November 2023 Average Sales Price

Total Sales

1

$13,000,000

+206% change from Nov 2022

Median Sales Price

$13,000,000

+206% change from Nov 2022


Year To Date 2023 Single Family Residence Total Sales - YTD

9 Average Sales Price - YTD

Median Sales Price -YTD

$5,208,794

$3,500,000

Condominiums Total Sales -YTD

Average Sales Prices

Median Sales Prices

$1,491,163

$1,638,125

*Data is from Fidelity National Title & Chicago Title

4


Charts That Cau

Source: Keeping Current Matters


ught My Eye Learn How To:

Charts That Caught My Ey

Source: Keeping Current Matters


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


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