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

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MARKET REPORT santa barbara real estate · through june 2020

1147 HILL ROAD

Lic #01206734


1147 HILL ROAD 4 Bedrooms | 5 Bathrooms | Offered at $11,500,000 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 June 2020. View the property >


REVIEW IN NUMBERS june 2020 ytd · south santa barbara county

TOTAL SALES

725

(-24% change from 2019)

SINGLE FAMILY RESIDENCE SALES

531

(-16% change from 2019)

CONDOMINIUM SALES

194

(-39% 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 June 2020.


Dear Clients, Friends and Family, As always, we hope this Market Report finds you and your loved ones healthy and happy. We are pleased to bring you our June real estate update. The numbers reflected in this report show year to date numbers which include when sales dropped off in the early months of COVID, showing a decline in year over year sales. However, we are happy to report compared to May and the months prior to COVID, June closed sales have bounced back strongly. We saw more sales in every price range. The sale pending numbers (in escrow) are 40% higher than June of 2019. We are expecting to see July closings very high as well. As a reminder, we are taking every precaution needed while showing properties, because everyone’s safety is important to us. In an effort to expose homes to more buyers we are now able to schedule showings by appointment online. A home is presented as being able to view during certain hours, let’s say 1PM to 4PM, in 20 minutes apart showings. This would allow the house to be shown to 9 pro-


spective buyers. These appointments are done digitally using an appointment app. You cannot view the home without an appointment, and also must sign a form mandated by the Health Department. Cleaning is done in between showings. Masks are worn and the number of persons allowed in the home is limited. Although things have not changed much in regards to being able to socialize the way we did just a few short months ago, it is important to keep good spirits. Here is a link as a reminder of what we can do to take care of ourselves and those around us: CLICK HERE 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 June 2020.


1721 CHINO STREET 4 Bedrooms | 2 Bathrooms | Offered at $895,000 View the property >

3375 FOOTHILL ROAD #122 2 Bedrooms | 2 Bathrooms | Offered at $749,000 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 June 2020.


SINGLE FAMILY south santa barbara county · june 2020 ytd

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$1,880,655

$1,270,000

-3% change from 2019

0% change from 2019

CONDOMINIUM south santa barbara county · june 2020 ytd

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$852,327

$725,000

+9% change from 2019

+3% 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 June 2020.


4643 CARPINTERIA AVENUE 2 Bedrooms | 1 Bathroom | Offered at $725,000 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 June 2020. View the property >


CARPINTERIA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

34

25

average sales price · YTD

average sales price · YTD

$1,662,193

$560,880

median sales price · YTD

median sales price · YTD

$1,048,000

$540,000

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 June 2020.


SUMMERLAND

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

9

1

average sales price · YTD

average sales price · YTD

$3,273,000

$569,000

median sales price · YTD

median sales price · YTD

$1,522,500

$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 June 2020.


23602173 WHITNEY LILLIE AVENUE 3 Bedrooms - Bedrooms | 3| Bathrooms - Bathrooms| Offered | Offered at at $2,195,000 $---,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 June 2020.


52 OLIVE MILL ROAD 3 Bedrooms | 3 Bathrooms | isOffered atbut$2,250,000 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 through June 2020. View the property >


MONTECITO

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

98

13

average sales price · YTD

average sales price · YTD

$3,700,000

$2,017,154

median sales price · YTD

median sales price · YTD

$3,087,500

$1,950,000

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 June 2020.


SANTA BARBARA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

254

83

average sales price · YTD

average sales price · YTD

$1,415,904

$901,307

median sales price · YTD

median sales price · YTD

$1,200,000

$745,000

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 June 2020.


3013 PASEO TRANQUILLO 4 Bedrooms + Office/Den | 2 Bathrooms | Offered at $1,950,000 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 June 2020.


4558 VIA ESPERANZA 5 Bedrooms | 5.5 All Bathrooms Offered athas$9,975,000 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 June 2020. View the property >


HOPE RANCH

SINGLE FAMILY RESIDENCES total sales · YTD

12 average sales price · YTD

$3,975,027 median sales price · YTD

$3,550,000

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 June 2020.


GOLETA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

124

72

average sales price · YTD

average sales price · YTD

$1,150,811

$690,681

median sales price · YTD

median sales price · YTD

$1,000,000

$740,000

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 June 2020.


482 CAMINO TALAVERA 4 Bedrooms | 3 Bathrooms | Offered at $1,395,000 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 June 2020.


1358 SAN RAFAEL AVENUE 4 Bedrooms | 3.5 All Bathrooms Offered athas$2,500,000 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 June 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 June 2020.