| Oct. |
Santa Barbara
| 2023 |
REAL ESTATE NEWSLETTER
CalebOvertonSB@gmail.com | 805.453.7080 | www.CalebOverton.com | DRE# 02117608
MARKET NUMBERS IN REVIEW
Carpinteria - Goleta
| October 2023 YTD | Total Sales 949 (-26% from 2022) Single Family Residences Sales 669(-26% from 2022) Condominium Sales 280 (-27% from 2022) Cash Sales Sept 39%
Cash Sales YTD 41%
Inventory 2.49 month supply
Single Family Residence October 2023 YTD Average Sale Price - YTD
$3,245,456 (-3% from 2022) Median Sales Price - YTD
$2,100,000 (-3% from 2022)
*Data is from Fidelity National Title & Chicago Title
Carpinteria - Goleta
Santa Barbara
October 2023
Total Sales 44
Average Sales Price $1,952,559 -9% change from Oct 2022
Median Sales Price $1,795,000 -1% change from Oct. 2022
Year To Date 2023 Single Family Residence Total Sales - YTD
306 Average Sales Price - YTD
$2,358,018
Median Sales Price -YTD
$2,027,500
Condominiums Total Sales -YTD
Average Sales Prices
Median Sales Prices
$1,226,484
$1,085,000
*Data is from Fidelity National Title & Chicago Title
125
Montecito
October
2023
Total Sales 14
Average Sales Price $7,249,231 +53% change from Oct 2022
Median Sales Price $6,400,000 +65% change from Oct 2022
Year To Date 2023 Single Family Residence Total Sales - YTD
124 Average Sales Price - YTD
Median Sales Price -YTD
$6,722,018
$5,272,500
Condominiums Total Sales -YTD
Average Sales Prices
Median Sales Prices
$3,189,974
$2,950,000
*Data is from Fidelity National Title & Chicago Title
19
Hope Ranch
October
2023 Total Sales 2
Average Sales Price $6,535,500 +n/a% change from Oct 2022
Median Sales Price $6,535,500 +n/a% change from Oct 2022
Year To Date 2023 Single Family Residence Total Sales - YTD
17 Average Sales Price - YTD
$7,236,121 Median Sales Price -YTD
*Data is from Fidelity National Title & Chicago Title
$5,975,000
Goleta
October
2023 Total Sales
23
Average Sales Price $1,808,761 +34% change from Oct 2022
Median Sales Price $1,370,000 +9% change from Oct 2022
Year To Date 2023 Single Family Residence Total Sales - YTD
158 Average Sales Price - YTD
Median Sales Price -YTD
$1,807,624
$1,499,500
Condominiums Total Sales -YTD
Average Sales Prices
Median Sales Prices
$964,388
$876,000
*Data is from Fidelity National Title & Chicago Title
87
Carpinteria
October
2023 Total Sales
Average Sales Price
5
$1,971,191
-64% change from Oct 2022
Median Sales Price
$1,913,456
+73% change from Oct 2022
Year To Date 2023 Single Family Residence Total Sales - YTD
56 Average Sales Price - YTD
Median Sales Price -YTD
$3,100,502
$1,605,000
Condominiums Total Sales -YTD
44 Median Sales Prices
$843,909
$783,000
*Data is from Fidelity National Title & Chicago Title
Average Sales Prices
Summerland
October 2023
Total Sales
Average Sales Price
2
$1,310,000
-14% change from Oct 2022
Median Sales Price
$1,310,000
-14% change from Oct 2022
Year To Date 2023 Single Family Residence Total Sales - YTD
8 Average Sales Price - YTD
Median Sales Price -YTD
$4,234,894
$3,275,000
Condominiums Total Sales -YTD
Average Sales Prices
Median Sales Prices
$1,356,930
$1,352,400
*Data is from Fidelity National Title & Chicago Title
5
Charts That Cau Supply of homes for sale is low, which is helping keep prices high…
Prices have stayed high, even with higher mortgage rates…
ught My Eye Learn How To: Spring and Summer aren’t the only time to put your house on the market…
Charts That Caught My Ey
Source: Keeping Current Matters
Homeownership has been one of the greatest wealth builders
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