| Sept. |
Santa Barbara
| 2023 |
REAL ESTATE NEWSLETTER
You’re Invited Live Seminar: build and protect your wealth -Advantages of the 1031 Exchange -Generate more retirement income -Legacy planning & more
More details pg. 16 & 17
CalebOvertonSB@gmail.com | 805.453.7080 | www.CalebOverton.com | DRE# 02117608
MARKET NUMBERS IN REVIEW
Carpinteria - Goleta
| September 2023 YTD | Total Sales 859 (-27% from 2022) Single Family Residences Sales 599(-28% from 2022) Condominium Sales 260 (-27% from 2022) Cash Sales Sept 47%
Cash Sales YTD 41%
Inventory 2.49 month supply
Single Family Residence September 2023 YTD Average Sale Price - YTD
$3,240,694 (-4% from 2022) Median Sales Price - YTD
$2,100,000 (-4% from 2022)
*Data is from Fidelity National Title & Chicago Title
Carpinteria - Goleta
Santa Barbara
September 2023
Total Sales 80
Average Sales Price $1,838,803 +2% change from Sept 2022
Median Sales Price $1,695,000 +14% change from Sept. 2022
Year To Date 2023 Single Family Residence Total Sales - YTD
269 Average Sales Price - YTD
Median Sales Price -YTD
$2,351,312
$2,030,000
Condominiums Total Sales -YTD
Average Sales Prices
Median Sales Prices
$1,279,117
$1,087,500
*Data is from Fidelity National Title & Chicago Title
116
Montecito
September
2023
Total Sales 17
Average Sales Price $6,299,529 -15% change from Sept 2022
Median Sales Price $5,250,000 -5% change from Sept 2022
Year To Date 2023 Single Family Residence Total Sales - YTD
112 Average Sales Price - YTD
Median Sales Price -YTD
$6,597,321
$5,126,500
Condominiums Total Sales -YTD
Average Sales Prices
Median Sales Prices
$3,162,618
$2,845,000
*Data is from Fidelity National Title & Chicago Title
17
Hope Ranch
September
2023 Total Sales 2
Average Sales Price $6,712,500 +70% change from Sept 2022
Median Sales Price $6,712,500 +89% change from Sept 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
September
2023 Total Sales
17
Average Sales Price $1,310,699 -2% change from Sept 2022
Median Sales Price $1,341,525 -1% change from Sept 2022
Year To Date 2023 Single Family Residence Total Sales - YTD
142 Average Sales Price - YTD
Median Sales Price -YTD
$1,759,381
$1,499,500
Condominiums Total Sales -YTD
Average Sales Prices
Median Sales Prices
$975,909
$880,750
*Data is from Fidelity National Title & Chicago Title
80
Carpinteria
September
2023
Average Sales Price
Total Sales
13
$5,548,635
+260% change from Sept 2022
Median Sales Price
$1,380,000
-8% change from Sept 2022
Year To Date 2023 Single Family Residence Total Sales - YTD
52 Average Sales Price - YTD
Median Sales Price -YTD
$3,170,138
$1,577,500
Condominiums Total Sales -YTD
43 Median Sales Prices
$838,535
$782,000
*Data is from Fidelity National Title & Chicago Title
Average Sales Prices
Summerland
September
2023
Average Sales Price
Total Sales
4
$2,659,000
+61% change from Sept 2022
Median Sales Price
$2,350,000
42% change from Sept 2022
Year To Date 2023 Single Family Residence Total Sales - YTD
7 Average Sales Price - YTD
Median Sales Price -YTD
$4,582,736
$3,500,000
Condominiums Total Sales -YTD
Average Sales Prices
Median Sales Prices
$1,491,163
$1,489,325
*Data is from Fidelity National Title & Chicago Title
4
UPCOMING EVENT
Caleb Overton
Justin Dees
Keller Williams of Santa Barbara
The Dream Team @ Neo Home Loans
DRE#02117608
NMLS#448762
You’re Invited Build & Protect Your Wealth Through 1031 exchange & Real Estate planning
Join Real Estate and mortgage veterans Caleb Overton and Justin Dees for a live seminar on the power of 1031 exchange. Reservations are required as space is limited.
Please call Caleb Overton and reserve your seat today!
805.453.7080
More details
aught My Learn Eye How To: • Navigate the rules and tax advantages of the 1031 exchange • Generate more retirement income • Minimize capital gains taxes • Legacy planning with eliminating capital gains taxes. • Creative strategies to eliminate disputes over inherited Real Estate Assets • Reverse exchanges (purchase property before you sell) • Reduce out of pocket funds with bridge financing.
Come and Join Us! Two Times Available: Lunch or Happy Hour
Tuesday, Oct. 24th 12 p.m. or 5:00 p.m. BRASS BEAR
UPTOWN 3302 McCaw Ave, Santa Barbara CA
Scan the QR code to register or call Caleb Overton. Reservations are required! 805.453.7080
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