Santa Barbara Real Estate Report through April 2020 | Village Properties Realtors

MARKET REPORT santa barbara real estate · through april 2020

2662 SYCAMORE CANYON ROAD

Lic #01206734

2662 SYCAMORE CANYON ROAD 5 Bedrooms | 4 FullAll Bathrooms 2 Half Bathrooms | Offered $9,875,000 information provided is| deemed reliable, but has not been verified & we do not at guarantee it.

We recommend that buyers make their own inquiries.

DRE #01206734.

Data taken from CORT through April 2020.

View the property >

REVIEW IN NUMBERS april 2020 ytd · south santa barbara county

TOTAL SALES

479

(-17% change from 2019)

SINGLE FAMILY RESIDENCE SALES

348

(-7% change from 2019)

CONDOMINIUM SALES

131

(-35% change from 2019)

All information provided is deemed reliable, but has not been verified & we do not guarantee it. We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through Apr 2020.

Dear Friends and Clients, It has now been eight weeks since we temporarily closed our offices due to the COVID-19 pandemic.

Like many business, we quickly pivoted to providing our services virtually and digitally. For the first two weeks we waited for the Governor to confirm that Real Estate was indeed an essential service and that, following strict safety guidelines, we could continue to show properties to our buyers. April’s market statistics clearly reflect a drop in sales for those first couple of weeks when everything came to a sudden standstill. April also saw a steep drop in the number of homes listed for sale.

Despite all we are going through, we have some good real estate news. The median house price in our area has not dropped, and in fact has stayed steady over the past 3 years. We also have many buyers and they are buying homes.

If you are a seller who has been waiting to see what happens over the next months, we would strongly urge you to contact one of our Village Properties agents to discuss getting your home listed. We are

seeing multiple offers come in on many of our listings due to the fact that there is a shortage of inventory. Right now we definitely have well qualified buyers who want to buy homes.

We are so proud of the way our agents and staff have adjusted so quickly to the changes in our industry. They have gone above and beyond to safely serve their clients with excellence, not only in real estate, but also by helping them in a myriad of practical ways as we face these new times together. For every one of us at Village Properties, caring for our friends and clients is our primary concern and motivator. We are here to serve you, so please don’t hesitate to reach out to us at any time.

Warm Regards,

Renee Grubb Owner of Village Properties

All information provided is deemed reliable, but has not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through April 2020.

18 CELINE DRIVE 3 Bedrooms | 2 Bathrooms | Offered at $2,285,000 View the property >

333 PACIFIC OAKS ROAD 2 Bedrooms | 2.5 Bathrooms | Offered at $735,000 View the property >

All information provided is deemed reliable, but has not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through April 2020.

SINGLE FAMILY south santa barbara county · april 2020 ytd

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$1,645,478

$1,255,000

-16% change from 2019

-2% change from 2019

CONDOMINIUM south santa barbara county · april 2020 ytd

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$848,721

$745,000

+9% change from 2019

+6% change from 2019

All information provided is deemed reliable, but has not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through April 2020.

1511 MEADOW CIRCLE 4 Bedrooms | 2.5 All Bathroom | is Offered $839,000 information provided deemed reliable,at but has not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries.

DRE #01206734. Data taken from CORT through April 2020.

View the property >

CARPINTERIA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

21

18

average sales price · YTD

average sales price · YTD

$1,635,810

$585,472

median sales price · YTD

median sales price · YTD

$1,058,500

$577,500

All information provided is deemed reliable, but has not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through April 2020.

SUMMERLAND

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

4

1

average sales price · YTD

average sales price · YTD

$1,307,750

$569,000

median sales price · YTD

median sales price · YTD

$1,326,000

$569,000

All information provided is deemed reliable, but has not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through April 2020.

25212173 WHITNEY LILLIE AVENUE 4 Bedrooms - Bedrooms | 3| Bathrooms - Bathrooms| Offered | Offered at at $1,730,000 $---,000 villagesite.com/property/details/18-2445/------View the property >

All information provided is deemed reliable, but has not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through April 2020.

210 MIRAMAR AVENUE 2 Bedrooms | 2 Full Bathrooms | 2 reliable, HalfbutBathrooms Offered atit.$6,900,000 All information provided is deemed has not been verified & we do not guarantee We recommend that buyers make their own inquiries.

DRE #01206734.

Data taken from CORT through April 2020.

View the property >

MONTECITO

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

61

7

average sales price · YTD

average sales price · YTD

$3,033,787

$1,733,143

median sales price · YTD

median sales price · YTD

$2,761,000

$1,900,000

All information provided is deemed reliable, but has not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through April 2020.

SANTA BARBARA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

172

63

average sales price · YTD

average sales price · YTD

$1,389,610

$925,865

median sales price · YTD

median sales price · YTD

$1,200,000

$790,000

All information provided is deemed reliable, but has not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through April 2020.

3943 CALLE CITA 5 Bedrooms | 3.5 Bathrooms | Offered at $1,649,000 View the property >

All information provided is deemed reliable, but has not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through April 2020.

4002 CUERVO AVENUE 5 Bedrooms | 3.5 All Bathrooms Offered athas$4,250,000 information provided |is deemed reliable, but not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries.

DRE #01206734. Data taken from CORT through April 2020.

View the property >

HOPE RANCH

SINGLE FAMILY RESIDENCES total sales · YTD

8 average sales price · YTD

$3,669,166 median sales price · YTD

$3,850,000

All information provided is deemed reliable, but has not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through April 2020.

GOLETA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

82

42

average sales price · YTD

average sales price · YTD

$1,183,122

$705,083

median sales price · YTD

median sales price · YTD

$1,035,000

$761,000

All information provided is deemed reliable, but has not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through April 2020.

251 ELDERBERRY DRIVE 3 Bedrooms | 3.5 Bathrooms | Offered at $2,149,000 View the property >

All information provided is deemed reliable, but has not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through April 2020.

1134 VIA BOLZANO 4 Bedrooms | 3 Bathrooms | isOffered atbut$1,625,000 All information provided deemed reliable, has not been verified & we do not guarantee it.

We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through April 2020.

View the property >

OUR MISSION Forging lasting personal relationships with customers is at the core of our success and we pride ourselves on keeping clients for life. We credit our devoted team of agents for keeping our clients satisfied and we’re firm believers in developing and sustaining these long-term relationships.

We’re committed to developing agents into passionate professionals that offer unparalleled service on the job and are dedicated to community involvement off the clock.

The numbers included in this report are courtesy of Fidelity National Title.

SANTA YNEZ 3615 Sagunto Street, Santa Ynez, CA 93460 | 805.688.1620 MONTECITO 1250 Coast Village Road, Montecito, CA 93108 | 805.969.8900 SANTA BARBARA 1436 State Street, Santa Barbara, CA 93101 | 805.681.8800 All information provided is deemed reliable, but has not been verified & we do not guarantee it. We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through Apr2020.