Santa Ynez Valley Real Estate Report through August 2020 | Village Properties Realtors

MARKET REPORT santa ynez valley real estate · through august 2020

5200 ARMOUR RANCH ROAD

Lic #01206734

5200 ARMOUR RANCH ROAD

Seven Oaks | An authentic English on abut100+ in &coveted Happy All information provided is Manor deemed reliable, has not acres been verified we do not guarantee it. Canyon, SYV | We recommend that buyers make their own inquiries.

DRE #01206734.

Data taken from CORT through Aug 2020.

View the property >

| Offered at $11,900,000

REVIEW IN NUMBERS august 2020 ytd · santa ynez valley

TOTAL SALES

192

SINGLE FAMILY RESIDENCE SALES

167

CONDOMINIUM SALES

25 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 Aug 2020.

Dear Clients, Friends and Family, Last month we reported that the number of sales and prices in our area were extremely strong, reaching the highest numbers for many years. The month of August continued this upward trend fueled by the high end market, where the number of sales has almost doubled. The forecast is for another very strong month for September.

The more than usual number of sales in Montecito is driving up the median price, and the overall increase in sales throughout Santa Barbara County is creating a very active market with limited supply.

We are often asked where the buyers are coming from: Many buyers are coming from out of town, (Los Angeles, San Francisco area, and out of state areas such as New York, Chicago, Washington State and Texas) mainly fueled by people trying to get out of the big cities.

Our kids are now back in school, but this year it has started very differently from other years, with most classes being taught remotely via Zoom. We launched our Teacher’s Fund “Back to School Supplies Drive” fundraiser this week, but

this too will be online this year. The requests from our teachers have transitioned from basic classroom supplies of years past, to desperately needed supplies for running a virtual classroom. If you would like to help a teacher purchase these vital supplies to help their students, please look at the funding opportunities available TFSuppliesDrive.com.

Once again we thank our clients and friends for choosing to work with our dedicated Village Properties agents. We are committed to our local community and to giving the very best service to our clients.

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 Aug 2020.

1011 N REFUGIO ROAD 3 Bedrooms | 2 Bathrooms | Offered at $979,000 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 Aug 2020.

View the property >

SINGLE FAMILY santa ynez valley · august 2020 ytd

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$1,436,071

$950,000

+34% change from 2019

+18% change from 2019

CONDOMINIUM santa ynez valley · august 2020 ytd

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$469,307

$450,000

-10% change from 2019

-10% 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 Aug 2020.

330 W HWY 246 SPC 202 2 Bedrooms | 2 Bathrooms | Offered at $182,000 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 Aug 2020.

View the property >

BUELLTON

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

37

13

average sales price · YTD

average sales price · YTD

$792,524

$490,937

median sales price · YTD

median sales price · YTD

$7 15,000

$499,900

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 Aug 2020.

SOLVANG / BALLARD SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

63

12

average sales price · YTD

average sales price · YTD

$1,105,456

$445,875

median sales price · YTD

median sales price · YTD

$975,000

$401,000

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 Aug 2020.

1105 FREDENSBORG CANYON ROAD 4 Bedrooms | 3 Full Bathrooms | 3 Half Bathrooms | Offered at $4,250,000 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 Aug 2020.

View the property >

2703 SAN MARCOS AVE 3 Bedrooms | 2 Bathrooms | Offered at $1,095,000 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 Aug 2020.

View the property >

LOS OLIVOS

SINGLE FAMILY RESIDENCES total sales · YTD

8 average sales price · YTD

$1,041,250 median sales price · YTD

$890,000

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 Aug 2020.

SANTA YNEZ

SINGLE FAMILY RESIDENCES total sales · YTD

59 average sales price · YTD

$2,246,217 median sales price · YTD

$1,395,000

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 Aug 2020.

3200 CABALLO ROAD 5 Bedrooms | 4.5 Bathrooms | Offered at $2,695,000 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 Aug 2020.

2910 HIGHWAY 154 Auberge Los Olivos All| information an extraordinary comprised of | Offered provided is deemedcompound reliable, but has not been verified & we do 7 notresidences guarantee it.

We recommend that buyers make their own inquiries.

DRE #01206734.

Data taken from CORT through Aug 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 at $5,500,000

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 Aug 2020.