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

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MARKET REPORT santa barbara real estate · through march 2020

1845 EAST MOUNTAIN DRIVE

Lic #01206734


1845 EAST MOUNTAIN DRIVE 6 Bedrooms | 5 FullAll Bathrooms | deemed 2 Half Bathrooms | Offered $6,850,000 information provided is 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 March 2020. View the property >


REVIEW IN NUMBERS march 2020 ytd · south santa barbara county

TOTAL SALES

385

(-6% change from 2019)

SINGLE FAMILY RESIDENCE SALES

279

(+4% change from 2019)

CONDOMINIUM SALES

106

(-26% 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 Mar 2020.


Dear Friends and Clients, We at Village Properties hope this Market Report finds you well and are taking care of yourself and loved ones. I thought I would share what our staff and agents have been doing for the past month. As ordered, our staff were sent home the week of March 16th and have been working remotely. I must say I am so proud of our staff in so many ways. They have put their job descriptions aside and are doing whatever they can to support our agents. One of our many goals at Village Properties is to keep our entire staff employed during this difficult time. The activities of our agents has drastically changed with the banning of open houses, caravans, price sets and meetings. I am happy to say, we had all the technology in place needed in order to switch to virtual marketing, using social media to market our listings to prospective buyers. We are still using print media as we see its importance to some consumers. Staying connected to each other is extremely important and our virtual meetings via Zoom do that for us. Our affiliations with Leading Real Estate Companies of the World, Luxury Portfolio and Mayfair International have given us even more tools and a broad reach to accomplish what we need to serve our clients.


We are pleased that Real Estate has been identified as an essential service by Homeland Security. This gives us an opportunity to serve buyers and sellers who have the need to buy and sell during this time. We are sensitive to our clients needs and emotions and are listening to what feels comfortable to them. We continue to conduct our business virtually, but on those occasions where this is impossible, we are using all safety precautions including social distancing and careful sanitizing. Our Community is very much on our minds and we continue to do what we can to support our restaurants with take out orders and local businesses by shopping online. We have reached out to our teachers offering them extra support as they teach our children virtually. Please see this highlight on our efforts - CLICK HERE. I am so proud of our Village Family and how they are supporting each other and their clients. If you are in a position where you need to buy or sell now, we are here for you. Please reach out to your Village Properties agent. 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 March 2020.


1602 SANTA ROSA AVENUE 4 Bedrooms | 3 Bathrooms | Offered at $1,598,000 View the property >

34 OCEAN VIEW AVENUE #5 2 Bedrooms | 2.5 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 March 2020.


SINGLE FAMILY south santa barbara county · march 2020 ytd

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$1,702,653

$1,300,000

-13% change from 2019

+4% change from 2019

CONDOMINIUM south santa barbara county · march 2020 ytd

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$831,910

$698,000

+6% change from 2019

-1% 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 March 2020.


1127 CHURCH LANE 2 Bedrooms | 1 Bathroom | Offered at $925,000 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 March 2020. View the property >


CARPINTERIA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

20

16

average sales price · YTD

average sales price · YTD

$1,667,850

$566,844

median sales price · YTD

median sales price · YTD

$1,073,740

$552,500

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 March 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 March 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 March 2020.


956 MARIPOSA LANE 5 Bedrooms | 6.5 All Bathrooms Offered athas$11,450,000 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 March 2020. View the property >


MONTECITO

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

49

4

average sales price · YTD

average sales price · YTD

$3,000,857

$2,002,500

median sales price · YTD

median sales price · YTD

$2,650,000

$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 March 2020.


SANTA BARBARA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

134

55

average sales price · YTD

average sales price · YTD

$1,439,243

$910,000

median sales price · YTD

median sales price · YTD

$1,197,500

$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 through March 2020.


1702 OLIVE STREET 3 Bedrooms | 2 Bathrooms | Offered at $1,695,000 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 March 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 March 2020. View the property >


HOPE RANCH

SINGLE FAMILY RESIDENCES total sales · YTD

5 average sales price · YTD

$4,076,865 median sales price · YTD

$3,900,000

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 March 2020.


GOLETA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

67

30

average sales price · YTD

average sales price · YTD

$1,136,828

$682,800

median sales price · YTD

median sales price · YTD

$975,000

$742,500

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 March 2020.


5008 SUNGATE RANCH ROAD 3 Bedrooms | 2.5 Bathrooms | Offered at $1,100,000 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 March 2020.


62 CANON VIEW ROAD 4 Bedrooms | 3.5 All Bathrooms Offered athas$1,975,000 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 March 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 Mar2020.