Santa Barbara Area Real Estate Report through January 2024 | Village Properties Realtors

Santa Barbara Area Market Report SANTA BARBARA AREA REAL ESTATE THROUGH JANUARY 2024

featured property VILLA DEL MARE

DRE #01206734

VILLA DEL MARE • click to view Exclusive Member of

Review in Numbers SOUTH SANTA BARBARA COUNTY JANUARY 2024 YTD

TOTAL SALES

85 (+25% over 2023)

SINGLE FAMILY RESIDENCE SALES

59 (+13% over 2023)

CONDOMINIUM SALES

26 (+53% over 2023)

Single Family SOUTH SANTA BARBARA COUNTY JANUARY 2024 YTD

AVERAGE SALES PRICE • YTD

$3,200,139 0% change from 2023

MEDIAN SALES PRICE • YTD

$2,425,000 +36% change from 2023

VILLA DEL MAR

RE • click to view

Condominium SOUTH SANTA BARBARA COUNTY JANUARY 2024 YTD

AVERAGE SALES PRICE • YTD

$950,000 -6% change from 2023

MEDIAN SALES PRICE • YTD

$884,250 -2% change from 2023

Number of Sales v Median Price over the past 5 years SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS

VILLA DEL MARE • click to view

Exclusive Member of

Carpinteria

3375 FOOTHILL ROAD 535 • click to view

Exclusive Member of

Median Price v Sales over the past 5 years

JANUARY 2024 TOTAL SALES

AVERAGE SALES PRICE

MEDIAN SALES PRICE

6 $1,266,583

$780.000 -31% change from 2023

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

2

4

AVERAGE SALES PRICE · YTD

$2,447,500 MEDIAN SALES PRICE · YTD

$2,447,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

-60% change from 2023

AVERAGE SALES PRICE · YTD

$676,225 MEDIAN SALES PRICE · YTD

$649,750

Summerland

2574 LILLIE AVENUE • recently sold

Exclusive Member of

Median Price v Sales over the past 5 years

JANUARY 2024 TOTAL SALES

MEDIAN SALES PRICE

$3,700,000

$3,700,000

+147% change from 2023

+147% change from 2023

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

1

0

AVERAGE SALES PRICE · YTD

$3,700,000 MEDIAN SALES PRICE · YTD

$3,700,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

1

AVERAGE SALES PRICE

AVERAGE SALES PRICE · YTD

n/a MEDIAN SALES PRICE · YTD

n/a

Montecito

615 HOT SPRINGS ROAD • click to view

Exclusive Member of

Median Price v Sales over the past 5 years

JANUARY 2024 TOTAL SALES

AVERAGE SALES PRICE

16 $5,277,500

$4,587,500 -4% change from 2023

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

16

0

AVERAGE SALES PRICE · YTD

$5,277,500 MEDIAN SALES PRICE · YTD

$4,587,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

-16% change from 2023

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

n/a MEDIAN SALES PRICE · YTD

n/a

Santa Barbara

831 ALAMEDA PADRE SERRA • click to view

Exclusive Member of

Median Price v Sales over the past 5 years

JANUARY 2024 TOTAL SALES

AVERAGE SALES PRICE

36 $2,966,098

$1,717,500 +6% change from 2023

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

25

11

AVERAGE SALES PRICE · YTD

$2,475,761 MEDIAN SALES PRICE · YTD

$2,120,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

+33% change from 2023

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

$1,135,045 MEDIAN SALES PRICE · YTD

$925,000

Hope Ranch

929 CANON ROAD • click to view

Exclusive Member of

Median Price v Sales over the past 5 years

JANUARY 2024 TOTAL SALES

AVERAGE SALES PRICE

MEDIAN SALES PRICE

2 $5,935,350

$5,935,350 -2% change from 2023

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

2

n/a

AVERAGE SALES PRICE · YTD

$5,277,500 MEDIAN SALES PRICE · YTD

$5,935,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

-2% change from 2023

AVERAGE SALES PRICE · YTD

n/a MEDIAN SALES PRICE · YTD

n/a

Goleta

1120 VIA DEL REY • click to view

Exclusive Member of

Median Price v Sales over the past 5 years

TOTAL SALES

AVERAGE SALES PRICE

MEDIAN SALES PRICE

24

$1,313,271

$1,212,500

+10% change from 2022

+15% change from 2022

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

13

11

AVERAGE SALES PRICE · YTD

$1,692,962 MEDIAN SALES PRICE · YTD

$1,565,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

JANUARY 2024

AVERAGE SALES PRICE · YTD

$864,545 MEDIAN SALES PRICE · YTD

$775,000

3595 W OAK TRAIL ROAD • click to view Exclusive Member of

Santa Ynez Valley Review in Numbers SANTA YNEZ VALLEY JANUARY 2024 YTD

TOTAL SALES

11 SINGLE FAMILY RESIDENCE SALES

8 (-11% over 2023)

CONDOMINIUM SALES

3 (n/a over 2023)

Single Family SANTA YNEZ VALLEY JANUARY 2024 YTD

AVERAGE SALES PRICE • YTD

$3,095,500 +16.5% change from 2023

MEDIAN SALES PRICE • YTD

$1,505,000 -21% change from 2023

3593 W OAK TRAIL

L ROAD • click to view

Condominium SANTA YNEZ VALLEY JANUARY 2024 YTD

AVERAGE SALES PRICE • YTD

$716,667 n/a change from 2023

MEDIAN SALES PRICE • YTD

$715,000 n/a change from 2023

Buellton, Solvang & Ballard

1270 POPPY VALLEY ROAD • click to view

Exclusive Member of

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

1

0

AVERAGE SALES PRICE · YTD

$999,000 MEDIAN SALES PRICE · YTD

$999,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

Buellton

AVERAGE SALES PRICE · YTD

n/a MEDIAN SALES PRICE · YTD

n/a

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

4

3

AVERAGE SALES PRICE · YTD

$1,498,750 MEDIAN SALES PRICE · YTD

$1,475,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

Solvang and Ballard

AVERAGE SALES PRICE · YTD

$716,667 MEDIAN SALES PRICE · YTD

$715,000

Los Olivos & Santa Ynez

4199 TIMS ROAD • click to view

Exclusive Member of

Los Olivos TOTAL SALES · YEAR TO DATE

SINGLE FAMILY RESIDENCES • YTD

1

Santa Ynez TOTAL SALES · YEAR TO DATE

SINGLE FAMILY RESIDENCES • YTD

2 AVERAGE SALES PRICE · YTD

$8,155,000 MEDIAN SALES PRICE · YTD

$8,155,000

AVERAGE SALES PRICE · YTD

$1,460,000 MEDIAN SALES PRICE · YTD

$1,460,000

3914 HARROLD AVENUE, SANTA BARBARA • click to view Exclusive Member of

Global Connections “Our global partners ensure your home is seen by interested buyers across the world.”

RENEÉ GRUBB Founder & CEO We are fortunate to be in a place that people all over the world desire to be. We cultivate strategic global relationships that ultimately benefit you by putting your home in front of those people.

Data Source: Fidelity National Title & Chicago Title: INdata Market Reporting

MONTECITO 1250 Coast Village Road, Montecito, CA 93108 | 805.969.8900 SANTA BARBARA 1436 State Street, Santa Barbara, CA 93101 | 805.681.8800 SANTA YNEZ 3615 Sagunto Street, Santa Ynez, CA 93460 | 805.688.1620

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 Source: Fidelity National Title & Chicago Title: INdata Market Reporting through January 2024.

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