Santa Barbara Real Estate Report through November 2018 | Village Properties Realtors

MARKET REPORT santa barbara real estate ¡ november year to date 2018

1147 Hill Road, Montecito

1147 HILL ROAD, MONTECITO 4 Bedrooms | 4 Bathrooms | Pool Cabana w/notFull Bath All information provided is deemed reliable, but has been verified & we|do Offered not guarantee it.at $12,500,000 We recommend that buyers make their own inquiries.

DRE #01206734.

Data taken from CORT Jan - Nov 2018. villagesite.com/property/details/18-4057/1147-hill-rd-santa-barbara

REVIEW IN NUMBERS november 2018 ytd · south santa barbara county

TOTAL SALES

1,654

(-1.4% change from 2017)

SINGLE FAMILY RESIDENCE SALES

1,127

(-7% change from 2017)

CONDOMINIUM SALES

527

(+13% 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 - Nov 2018.

Dear Friends, I am pleased to bring you the Real Estate Market Report for November, keeping you in the know and up to date on the latest activity and trends in the communities we serve in South Santa Barbara County and Santa Ynez Valley.

As we close out 2018 and enter into the holiday season we have much to celebrate. We live in an area where Real Estate sales remain strong, home values continue to appreciate, and Santa Barbara was once again ranked #1 for the best weather in the country for 2018, by The U.S. News & World Report. We are truly thankful to call Santa Barbara our home, and are delighted to have helped many people make it their home this year.

This time of year is all about family, and we love our Village family. We are committed to making sure that every one of our agents has excellent support from our management team, and the very best training and tools available, to better serve our clients through the process of buying and selling homes. We also love to have fun, and this year we celebrated the season with a Holiday party at the Moxi Museum where we not only had a delicious roof-top dinner catered by Creative Services Catering, but we got to play on all the fun activities and dance the night away.

At Village Properties we are committed to our local community and throughout 2018 we have had the privilege of sponsoring over 35 local non-profits, bringing much needed support to multiple needs in our community. Our agents participated in #givingtuesday, the global day of giving on November 27th, and donated over $6000 to Teacher’s Fund, the non-profit founded by Village Properties in 2002. This year alone we have donated $98,000 to local teachers, helping them purchase much needed tools and materials needed for their classrooms.

From all of us here at Village Properties we wish you a happy and peaceful Holiday Season and look forward to the new year ahead.

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 - Nov 2018.

25 VEREDA CORDILLERA 5 Bedrooms | 3 Bathrooms | Offered at $1,476,000 villagesite.com/property/details/18-4245/25-vereda-cordillera-goleta

801 VIA GRANADA 3 Bedrooms | 2.5 Bathrooms | Offered at $899,000 villagesite.com/property/details/18-3395/801-via-granada-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 - Nov 2018.

SINGLE FAMILY south santa barbara county · year to date

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$1,741,804

$1,200,000

+2.7% change from 2017

-0.3% change from 2017

CONDOMINIUM south santa barbara county · year to date

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$793,8443

$680,000

+7.6% change from 2017

+8% 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 - Nov 2018.

1048 PALMETTO WAY B 3 Bedrooms | 2 Bathrooms | isOffered atbut$579,000 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 - Nov 2018. villagesite.com/property/details/18-4148/1048-palmetto-way-b-carpinteria

CARPINTERIA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

63

74

average sales price · YTD

average sales price · YTD

$1,380,100

$693,365

median sales price · YTD

median sales price · YTD

$1,458,000

$576,500

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 - Nov 2018.

SUMMERLAND

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

9

7

average sales price · YTD

average sales price · YTD

$1,992,611

$1,041,57 1

median sales price · YTD

median sales price · YTD

$1,517,500

$786,000

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 - Nov 2018.

2567 BANNER AVENUE 5 Bedrooms | 4 Bathrooms | Offered at $2,495,000 villagesite.com/property/details/18-2445/2567-banner-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 - Nov 2018.

256 SANTA ROSA LANE 6 Bedrooms | 6 Bathrooms | isOffered atbut$4,950,000 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 - Nov 2018. villagesite.com/property/details/18-3816/256-santa-rosa-ln-montecito

MONTECITO

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

128

22

average sales price · YTD

average sales price · YTD

$4,237,570

$1,790,068

median sales price · YTD

median sales price · YTD

$2,812,500

$1,367,250

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 - Nov 2018.

SANTA BARBARA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

581

225

average sales price · YTD

average sales price · YTD

$1,400,128

$828,07 1

median sales price · YTD

median sales price · YTD

$1,250,000

$730,000

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 - Nov 2018.

2423 CHAPALA STREET 3 Bedrooms | 2 Bathrooms | Offered at $1,345,000 villagesite.com/property/details/18-3928/2423-chapala-st-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 - Nov 2018.

4178 CRESTA AVENUE 5 Bedrooms | 5.5 All Bathrooms Offered athas$6,995,000 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 Jan - Nov 2018. villagesite.com/property/details/18-1547/4178-cresta-ave-santa-barbara

HOPE RANCH

SINGLE FAMILY RESIDENCES total sales · YTD

38 average sales price · YTD

$4,910,737 median sales price · YTD

$3,722,500

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 - Nov 2018.

GOLETA

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

308

199

average sales price · YTD

average sales price · YTD

$1,024,811

$672,597

median sales price · YTD

median sales price · YTD

$905,250

$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 - Nov 2018.

CLICK TO PLAY VIDEO

227 ELDERBERRY DRIVE 3 Bedrooms | 3.5 Bathrooms | Offered at $2,199,000 villagesite.com/property/details/18-4033/227-elderberry-dr-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 - Nov 2018.

CLICK TO PLAY VIDEO

3998 PRIMAVERA ROAD 4 Bedrooms | 2.5 All Bathrooms Offered athas$1,295,000 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 Jan - Nov 2018. villagesite.com/property/details/18-4140/3998-primavera-rd-santa-barbara

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