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

MARKET REPORT santa ynez valley real estate · through march 2020

801 EAST HIGHWAY 246

Lic #01206734

801 EAST HIGHWAY 246 One-of-a-Kind Historic Thoroughbred Farm on Acres at it.$4,325,000 All information provided is deemed reliable, but77+/has not been verified &| weOffered do not guarantee We recommend that buyers make their own inquiries.

DRE #01206734.

Data taken from CORT through Mar 2020.

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REVIEW IN NUMBERS march 2020 ytd · santa ynez valley

TOTAL SALES

64

SINGLE FAMILY RESIDENCE SALES

51

(+21% change from 2019)

CONDOMINIUM SALES

13

(+44% 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 Mar 2020.

3200 MONTECIELO DRIVE 3 Bedrooms | 2.5 Baths | Offered at $2,125,000 All information provided is deemed reliable, but has not been verified & we do not guarantee it.

View the property > We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through Mar 2020.

SINGLE FAMILY santa ynez valley · march 2020 ytd

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$1,093,876

$895,000

-15% change from 2019

+3% change from 2019

CONDOMINIUM santa ynez valley · march 2020 ytd

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$505,630

$476,785

4% 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 Mar 2020.

1357 ROLLING MEADOW LANE 2 Bedrooms | 3 Bathrooms | Offered at $1,250,000 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 Mar 2020.

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BUELLTON

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

11

7

average sales price · YTD

average sales price · YTD

$683,182

$499,669

median sales price · YTD

median sales price · YTD

$615,000

$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 Mar 2020.

SOLVANG / BALLARD SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

23

6

average sales price · YTD

average sales price · YTD

$1,056,117

$512,583

median sales price · YTD

median sales price · YTD

$962,000

$428,750

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.

950 EAST HIGHWAY 246 45+/- Acre Horse Ranch with 3 separate parcels | Offered at $3,670,000 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 Mar 2020.

6903 FOXEN CANYON ROAD 400+/- acre recreational off the storied Foxen Canyon | Offered atit.$16,500,000 All paradise information provided is deemed reliable, but has not beenWine verified Trail & we do not guarantee We recommend that buyers make their own inquiries.

DRE #01206734.

Data taken from CORT through Mar 2020.

View the property >

LOS OLIVOS

SINGLE FAMILY RESIDENCES total sales · YTD

5 average sales price · YTD

$1,187,000 median sales price · YTD

$945,000

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 Mar 2020.

SANTA YNEZ

SINGLE FAMILY RESIDENCES total sales · YTD

12 average sales price · YTD

$1,522,250 median sales price · YTD

$1,290,000

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 Mar 2020.

2805 NORTH REFUGIO ROAD 4 Bedrooms | 4 Bathrooms 2 Bedroom Guest | Offered at $2,150,000 All information provided is deemed| reliable, but has not been verified & House we do not guarantee it.

We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through Mar 2020.

View the property >

1880 MORA AVENUE Contemporary Ranch Estate Compound on 26+/- Acres | Offered at $5,500,000 All information provided is deemed reliable, but has not been verified & we do not guarantee it.

View the property > We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through Mar 2020.

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 Mar 2020.