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MARKET REPORT santa barbara real estate · through april 2019

Prestigious Park Lane


PRESTIGIOUS PARK LANE 6 Bedrooms | 10 Bathrooms | Offered atbut$28,000,000 All information provided is 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 Apr 2019. MLS# 19-1184


REVIEW IN NUMBERS april 2019 ytd · south santa barbara county

TOTAL SALES

578

(+17% change from 2018)

SINGLE FAMILY RESIDENCE SALES

376

(+7% change from 2018)

CONDOMINIUM SALES

202

(+42% change from 2018)

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 2019.


Dear Friends, I am pleased to bring you the Real Estate Market Report for April, keeping you in the know and up to date on the latest activity and trends in the communities we serve in South Santa Barbara County, Santa Ynez Valley, and beyond. As well as being the largest locally owned real estate company in our community, Village Properties is proud to have extensive global coverage through our affiliations with both Christie’s International Real Estate and the Leading Real Estate Companies of the World. Discreet, professional service is the hallmark of Christie’s International Real Estate, and only the most accomplished real estate brokers at the top of their market are awarded affiliate status. With more than 138 affiliates, 900 offices, and 26,000 sales associates in 45 countries, the Christie’s network provides far-reaching exposure to a qualified audience of highly affluent potential home buyers. Leading Real Estate Companies of the World is a company which believes that performance, value, and relationships are the heart of all business. They dominate the United States list of top 500 real estate firms, with more of the number one market leaders in the top 90 markets than any national brand. As a member of Leading Real Estate Companies of the World, your Village Properties agent is more equipped to sell your property. The 565 firms affiliated with Leading Real Estate Companies of


the World are represented by 4,100 offices and 130,000 associates in more than 65 countries worldwide. Collectively, this organization produces more home sales volume than any national real estate network. Clients who work with us at Village Properties can feel confident that in addition to working with the best local company in our community, they are also working with a company that has exceptional national and international exposure and marketing reach. **Fun Fact: The landmark “Hollywood” sign originally read “Hollywoodland” and was constructed in 1923 as a publicity stunt to sell real estate. ** Thank you to our clients who continue to choose Village Properties as their company of choice. We are proud to serve you with excellence and care. 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 Apr 2019.


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2725 EXETER PLACE 2 Bedrooms | 3 Bathrooms | Offered at $1,895,000 villagesite.com/property/details/19-1332/2725-exeter-pl-santa-barbara

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3375 FOOTHILL ROAD #832 1 Bedroom | 1 Bathroom | Offered at $529,000 villagesite.com/property/details/19-977/3375-foothill-rd-832-santa-barbara

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 2019.


SINGLE FAMILY south santa barbara county · april 2019 ytd

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$1,951,077

$1,282,500

+12.8% change from 2018

+11% change from 2018

CONDOMINIUM south santa barbara county · april 2019 ytd

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$778,355

$702,250

-4.3% change from 2018

+5.8% change from 2018

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 2019.


1368 EL PORTAL STREET 4 Bedrooms | 3 Bathrooms | isOffered atbut$949,000 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 Apr 2019. villagesite.com/property/details/19-1314/1368-el-portal-st-carpinteria


CARPINTERIA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

34

20

average sales price · YTD

average sales price · YTD

$2,000,353

$528,200

median sales price · YTD

median sales price · YTD

$1,083,250

$527,500

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 Apr 2019.


SUMMERLAND

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

4

1

average sales price · YTD

average sales price · YTD

$1,767,500

$799,000

median sales price · YTD

median sales price · YTD

$1,822,500

$799,000

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 Apr 2019.


25212173 WHITNEY LILLIE AVENUE 4 Bedrooms - Bedrooms | 3| Bathrooms - Bathrooms| Offered | Offered at at $1,750,000 $---,000 villagesite.com/property/details/18-4361/2521-whitney-ave-summerland villagesite.com/property/details/18-2445/-------

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 2019.


652 PARK LANE 5 Bedrooms | 6 Bathrooms | isOffered atbut$4,495,000 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 Apr 2019. villagesite.com/property/details/19-1371/652-park-ln-montecito


MONTECITO

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

49

6

average sales price · YTD

average sales price · YTD

$4,310,939

$2,077,583

median sales price · YTD

median sales price · YTD

$2,860,000

$1,546,500

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 Apr 2019.


SANTA BARBARA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

182

72

average sales price · YTD

average sales price · YTD

$1,494,348

$873,599

median sales price · YTD

median sales price · YTD

$1,286,000

$787,000

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 Apr 2019.


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2941 GLEN ALBYN DRIVE 4 Bedrooms + Bonus Room | 2 Bathrooms | Offered at $1,395,000 villagesite.com/property/details/19-1198/2941-glen-albyn-dr-santa-barbara

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 2019.


4280 VIA ESPERANZA 5 Bedrooms | 7 Bathrooms | isOffered atbut$9,450,000 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 Apr 2019. villagesite.com/property/details/18-3521/4280-via-esperanza-santa-barbara


HOPE RANCH

SINGLE FAMILY RESIDENCES total sales · YTD

11 average sales price · YTD

$6,056,545 median sales price · YTD

$4,350,000

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 Apr 2019.


GOLETA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

96

103

average sales price · YTD

average sales price · YTD

$1,132,226

$684,466

median sales price · YTD

median sales price · YTD

$1,002,500

$664,000

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 Apr 2019.


7778 HERON COURT 4 Bedrooms | 5 Bathrooms | Offered at $2,695,000 villagesite.com/property/details/19-1507/7778-heron-ct-goleta

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 2019.


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312 LIGHTHOUSE ROAD 4 Bedrooms | 3 Bathrooms | isOffered atbut$1,895,000 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 Apr 2019. villagesite.com/property/details/19-1134/312-lighthouse-rd-santa-barbara


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

Profile for Village Properties

Santa Barbara Real Estate Report April 2019 | Village Properties Realtors  

A recap of the Santa Barbara real estate market through April 2019 coupled with fine properties for sale throughout the various Santa Barbar...

Santa Barbara Real Estate Report April 2019 | Village Properties Realtors  

A recap of the Santa Barbara real estate market through April 2019 coupled with fine properties for sale throughout the various Santa Barbar...