Mid-Year Santa Barbara Real Estate Report | Village Properties Realtors

MID-YEAR 2018 real estate market report | year to date

1084 Golf Road, Montecito

1084 GOLF ROAD 8 Bedrooms | 10 Bathrooms | is Offered $11,200,000 All 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 Jan - June 2018. villagesite.com/property/details/17-385/1084-golf-rd-montecito

REVIEW IN NUMBERS june 2018 ytd · south santa barbara county

TOTAL SALES

855

(-4% change from 2017)

SINGLE FAMILY RESIDENCE SALES

604

(-7.8% change from 2017)

CONDOMINIUM SALES

251

(+6% change from 2017)

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 Jan - June 2018.

Dear Friends, As I look back over the first 6 months of 2018, I feel tremendous love for our town of Santa Barbara. We began the year with unparalleled setbacks. The Thomas Fire and resultant debris flows affected our entire community on a level never experienced before. For us at Village Properties, it was deeply personal.

We responded to our personal and community losses by doing what we do best.

Giving back to our local Santa Barbara community.

Locally owned and operated, Village Properties has always considered giving back to our local community of paramount importance. This year has been no different. In February, Village Properties was a proud sponsor of the One805 Kick Ash Bash, a first-of-its-kind fundraiser event for our local first responders and the victims of the mudflow. In the following months we have sponsored many community events from the Heart Association to the Chamber of Com-

merce and the Natural History Museum Gala. And, as always, we continuously support our communities’ children and teachers through the Teacher’s Fund. Our commitment to our home remains stronger than ever.

We are extremely thankful to see that our local real estate market has rebounded, despite the earlier setbacks. We have seen resilience and continued steady activity in home sales. Buyer confidence in Santa Barbara real estate remains strong. We, at Village Properties, look forward to a strong second half of 2018. We remain deeply committed to our clients and to our local community.

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 Jan - June 2018.

4564 ATASCADERO DRIVE 4 Bedrooms | 3 Bathrooms | Offered at $1,549,000 villagesite.com/property/details/18-1955/4564-atascadero-dr-santa-barbara

1600 GARDEN STREET 2 2 BedroomS | 2 Bathrooms | Offered at $559,000 villagesite.com/property/details/18-1732/1600-garden-st-2-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 Jan - June 2018.

SINGLE FAMILY south santa barbara county · year to date

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$1,758,494

$1,202,500

+5% change from 2017

-0.4% change from 2017

CONDOMINIUM south santa barbara county · year to date

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$810,653

$670,000

+18% change from 2017

+12% change from 2017

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 Jan - June 2018.

5225 VALLECITO COURT 6 Bedrooms | 3 Bathrooms | isOffered atbut$1,255,000 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 Jan - June 2018. villagesite.com/property/details/18-2379/5225-vallecito-ct-carpinteria

CARPINTERIA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

36

37

average sales price · YTD

average sales price · YTD

$1,210,792

$649,405

median sales price · YTD

median sales price · YTD

$952,750

$573,000

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 Jan - June 2018.

SUMMERLAND

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

5

3

average sales price · YTD

average sales price · YTD

$1,351,700

$7 13,667

median sales price · YTD

median sales price · YTD

$1,225,000

$775,000

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 Jan - June 2018.

2310 WHITNEY AVENUE 3 Bedrooms | 3 Bathrooms | Offered at $1,695,000 villagesite.com/property/details/18-1485/2310-whitney-ave-summerland

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 Jan - June 2018.

720 EL BOSQUE ROAD 5 Bedrooms | 6 Bathrooms | isOffered atbut$5,250,000 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 Jan - June 2018. villagesite.com/property/details/18-2337/720-el-bosque-rd-santa-barbara

MONTECITO

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

62

9

average sales price · YTD

average sales price · YTD

$4,569,016

$2,352,167

median sales price · YTD

median sales price · YTD

$2,812,500

$1,675,000

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 Jan - June 2018.

SANTA BARBARA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

323

133

average sales price · YTD

average sales price · YTD

$1,418,423

$836,677

median sales price · YTD

median sales price · YTD

$1,262,000

$7 12,500

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 Jan - June 2018.

1427 TUNNEL ROAD 3 Bedrooms | 2 Bathrooms | Offered at $1,495,000 villagesite.com/property/details/18-2069/1427-tunnel-rd-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 Jan - June 2018.

1486 CANTERA AVENUE 4 Bedrooms | 5 Bathrooms | isOffered atbut$6,250,000 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 Jan - June 2018. villagesite.com/property/details/18-1830/1486-cantera-ave-santa-barbara

HOPE RANCH

SINGLE FAMILY RESIDENCES total sales · YTD

23 average sales price · YTD

$4,868,478 median sales price · YTD

$3,645,000

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 Jan - June 2018.

GOLETA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

155

69

average sales price · YTD

average sales price · YTD

$1,021,797

$650,106

median sales price · YTD

median sales price · YTD

$910,000

$585,000

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 Jan - June 2018.

5304 ORCHARD PARK LANE 3 Bedrooms | 2 Bathrooms | Offered at $1,029,000 villagesite.com/property/details/18-1762/5304-orchard-park-ln-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 Jan - June 2018.

1823 MIRA VISTA AVENUE 3 Bedrooms | 3 Bathrooms | isOffered atbut$2,395,000 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 Jan - June 2018. villagesite.com/property/details/18-2464/1823-mira-vista-ave-santa-barbara

LOOKING FORWARD Village Properties offers unparalleled real estate services in Santa Barbara, California and the surrounding communities. Our knowledgeable, connected agents are committed to providing you with the finest professional real estate services available.

For over 20 years Village Properties has earned a reputation for doing what is right and are proud to have grown a team of agents who are courteous, fair, loyal and trustworthy.

Take advantage of today’s market. Contact your Village Properties agent today.

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