Santa Ynez Valley Real Estate Market Report | May 2018 YTD

MAY real estate market report | 2018

3215 Roblar Avenue

3215 ROBLAR AVENUE 4 Bedrooms | 5 Bathrooms | Offered at but $2,950,000 All information provided is 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 May 2018. villagesite.com/property/details/18-303/3215-roblar-ave-santa-ynez

REVIEW IN NUMBERS may 2018 · santa ynez valley · year to date

TOTAL SALES

109 SINGLE FAMILY RESIDENCE SALES

100

(-3% change from 2017)

CONDOMINIUM SALES

9

(+12.5% 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 May 2018.

THIS MONTH IN REAL ESTATE As we approach the Summer Solstice in the Santa Ynez Valley, we’re feeling the heat of the summer along with the heat of the real estate market. The SYV real estate market is showing 109 sales year to date through May. In looking at May of this year specifically, the total number of sales is up 38% over sales in May of 2017.

Single family home sales seem to be relatively even year over year with 103 in 2017 and 100 this year respectively. The average and median sales prices,

compared to 2017, are both slightly up. The condominium market is up with 9 total sales this year. The average sales price over 2017, and the median are both elevated as well. Overall, the real estate market is looking strong in the Valley as we wrap up the year to date sales numbers.

Call your Realtor to find your Santa Barbara dream home, while interest rates remain historically low.

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 May 2018.

949 OLD RANCH 6 Bedrooms | 5 Bathrooms | Offered at $1,495,000 villagesite.com/property/details/18-2088/949-old-ranch-rd-solvang

736 HILLSIDE DRIVE 3 Bedrooms | 2 Bathrooms | Offered at $550,000 villagesite.com/property/details/18-100/736-hillside-dr-solvang

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 May 2018.

SINGLE FAMILY santa ynez valley · year to date

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$1,107,197

$832,000

+0.4% change from 2016

+1% change from 2016

CONDOMINIUM santa ynez valley · year to date

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$486,333

$435,000

+0.5% change from 2016

+8.2% change from 2016

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 May 2018.

552 TAMARIND LANE 4 Bedrooms | 3 Bathrooms | Offered at but $740,000 All information provided is 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 May 2018. villagesite.com/property/details/18-726/552-tamarind-ln-buellton

BUELLTON

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

19

4

average sales price · YTD

average sales price · YTD

$888,337

$391,750

median sales price · YTD

median sales price · YTD

$579,500

$414,000

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 May 2018.

BALLARD

SINGLE FAMILY RESIDENCES total sales · YTD

1 average sales price · YTD

$1,275,000 median sales price · YTD

$1,275,000

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 May 2018.

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 May 2018.

2411 ALAMO PINTADO ROAD 3 Bedrooms | 3 Bathrooms | Offered at $1,995,000 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 May 2018. villagesite.com/property/details/17-1690/2411-alamo-pintado-rd-los-olivos

LOS OLIVOS

SINGLE FAMILY RESIDENCES total sales · YTD

2 average sales price · YTD

$749,000 median sales price · YTD

$749,000

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 May 2018.

SOLVANG

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

47

5

average sales price · YTD

average sales price · YTD

$960,447

$562,000

median sales price · YTD

median sales price · YTD

$842,000

$580,000

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 May 2018.

567 ROSENVEJ 3 Bedrooms | 4 Bathrooms | Offered at $1,125,000 villagesite.com/property/details/18-1965/567-rosenvej-solvang

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 May 2018.

1552 N REFUGIO ROAD 3 Beds | 3 Baths All | information Additional Residence | has+/-5 acres Offered atit. $1,995,000 provided is deemed reliable, but not been verified & |we do not guarantee We recommend that buyers make their own inquiries.

DRE #01206734.

Data taken from CORT May 2018. villagesite.com/property/details/18-1363/1552-n-refugio-rd-santa-ynez

SANTA YNEZ

SINGLE FAMILY RESIDENCES total sales · YTD

31 average sales price · YTD

$1,418,480 median sales price · YTD

$1,315,000

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 May 2018.

2070 REBILD DRIVE 3 Bedrooms | 2 Bathrooms | Offered at $689,000 All information provided is deemed reliable, but has not been verified & we do not guarantee it. villagesite.com/property/details/18-1981/2070-rebild-dr-solvang We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT May 2018.

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