Santa Barbara Area Real Estate Report through June 2022 | Village Properties Realtors

Santa Barbara Area Market Report SANTA BARBARA AREA REAL ESTATE THROUGH JUNE 2022

featured property 3165 PADARO LANE

DRE #01206734

$20 BILLIO

ON

Major Milestone in our history $20 BILLION IN CLOSED SALES SINCE 1996

Village Properties is proud to announce that we have crossed the $20 billion mark in closed sales since we founded the business back in 1996, signaling a major milestone in our company’s history. We are so thankful to all of our clients who have given us the opportunity to represent them and demonstrate the added value we provide. We could not be more proud of our Agents, Brokers, and team members for their uncompromising standards in service and dedication to the local community.

Number of Sales by Quarter over the past 5 years SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS

Median Price by Quarter over the past 5 years SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS

3165 PADARO LANE • click to view Exclusive Member of

Review in Numbers SOUTH SANTA BARBARA COUNTY JUNE 2022 YTD

TOTAL SALES

832 (-28% over 2021)

SINGLE FAMILY RESIDENCE SALES

570 (-30% over 2021)

CONDOMINIUM SALES

253 (-24% over 2021)

Single Family SOUTH SANTA BARBARA COUNTY JUNE 2022 YTD

AVERAGE SALES PRICE • YTD

$3,488,234 +12% change from 2021

MEDIAN SALES PRICE • YTD

$2,272,000 +18% change from 2021

3165 PADARO LA

ANE • click to view

Condominium SOUTH SANTA BARBARA COUNTY JUNE 2022 YTD

AVERAGE SALES PRICE • YTD

$1,193,513 +15% change from 2021

MEDIAN SALES PRICE • YTD

$931,777 +13% change from 2021

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

Median Price over the past 5 years SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS

Carpinteria

3599 PADARO LANE • click to view

Exclusive Member of

Median Price over the past 5 years

JUNE 2022 TOTAL SALES

AVERAGE SALES PRICE

12 $2,244,000

$1,287,500 +83% change from 2021

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

38

39

AVERAGE SALES PRICE · YTD

$2,510,723 MEDIAN SALES PRICE · YTD

$1,607,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

+124% change from 2021

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

$845,936 MEDIAN SALES PRICE · YTD

$815,500

Summerland

2340 VARLEY STREET • click to view

Exclusive Member of

Median Price over the past 5 years

JUNE 2022 TOTAL SALES

AVERAGE SALES PRICE

MEDIAN SALES PRICE

1 $10,200,000 $10,200,000 +316% change from 2021

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

8

3

AVERAGE SALES PRICE · YTD

$3,424,375 MEDIAN SALES PRICE · YTD

$2,475,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

+350% change from 2021

AVERAGE SALES PRICE · YTD

$1,306,667 MEDIAN SALES PRICE · YTD

$1,075,000

Montecito

560 TORO CANYON PARK • click to view

Exclusive Member of

Median Price over the past 5 years

JUNE 2022 TOTAL SALES

AVERAGE SALES PRICE

23 $4,947,837

$4,485,200 +30% change from 2021

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

116

22

AVERAGE SALES PRICE · YTD

$7,170,519 MEDIAN SALES PRICE · YTD

$5,362,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

+12% change from 2021

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

$2,773,500 MEDIAN SALES PRICE · YTD

$2,875,000

Santa Barbara

3047 PASEO TRANQUILLO • click to view

Exclusive Member of

Median Price over the past 5 years

JUNE 2022 TOTAL SALES

AVERAGE SALES PRICE

63 $2,108,803

$1,775,000 +15% change from 2021

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

242

101

AVERAGE SALES PRICE · YTD

$2,630,211 MEDIAN SALES PRICE · YTD

$2,200,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

+19% change from 2021

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

$1,210,094 MEDIAN SALES PRICE · YTD

$950,000

Hope Ranch

801 VIA TRANQUILA • click to view

Exclusive Member of

Median Price over the past 5 years

JUNE 2022 TOTAL SALES

AVERAGE SALES PRICE

5 $9,050,200

$7,800,000 +24% change from 2021

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

20

n/a

AVERAGE SALES PRICE · YTD

$7,726,073 MEDIAN SALES PRICE · YTD

$5,937,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

+42% change from 2021

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

n/a MEDIAN SALES PRICE · YTD

n/a

Goleta

6588 PIPELINE PLACE • click to view

Exclusive Member of

Median Price over the past 5 years

JUNE 2022 TOTAL SALES

AVERAGE SALES PRICE

43 $1,578,930

$1,400,000 +14% change from 2021

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

155

88

AVERAGE SALES PRICE · YTD

$1,768,208 MEDIAN SALES PRICE · YTD

$1,600,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

+19% change from 2021

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

$939,668 MEDIAN SALES PRICE · YTD

$875,000

2111 RANDOM OAKS ROAD • click to view Exclusive Member of

Santa Ynez Valley Review in Numbers SANTA YNEZ VALLEY JUNE 2022 YTD

TOTAL SALES

129 SINGLE FAMILY RESIDENCE SALES

115 CONDOMINIUM SALES

14

Single Family SANTA YNEZ VALLEY JUNE 2022 YTD

AVERAGE SALES PRICE • YTD

$2,148,395 +38% change from 2021

MEDIAN SALES PRICE • YTD

$1,550,000 +29% change from 2021

2111 RANDOM OAKS

S ROAD • click to view

Condominium SANTA YNEZ VALLEY JUNE 2022 YTD

AVERAGE SALES PRICE • YTD

$650,571 +14% change from 2021

MEDIAN SALES PRICE • YTD

$638,000 +4% change from 2021

Buellton, Solvang & Ballard

1253 PISTACHE AVENUE • click to view

Exclusive Member of

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

26

9

AVERAGE SALES PRICE · YTD

$1,269,423 MEDIAN SALES PRICE · YTD

$932,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

Buellton

AVERAGE SALES PRICE · YTD

$717,556 MEDIAN SALES PRICE · YTD

$779,000

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

45

5

AVERAGE SALES PRICE · YTD

$1,660,932 MEDIAN SALES PRICE · YTD

$1,650,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

Solvang and Ballard

AVERAGE SALES PRICE · YTD

$530,000 MEDIAN SALES PRICE · YTD

$535,000

Los Olivos & Santa Ynez

1895 VIEW DRIVE • click to view

Exclusive Member of

Los Olivos TOTAL SALES · YEAR TO DATE

SINGLE FAMILY RESIDENCES • YTD

10

Santa Ynez TOTAL SALES · YEAR TO DATE

SINGLE FAMILY RESIDENCES • YTD

34 AVERAGE SALES PRICE · YTD

$3,420,390 MEDIAN SALES PRICE · YTD

$2,385,125

AVERAGE SALES PRICE · YTD

$2,302,522 MEDIAN SALES PRICE · YTD

$1,797,500

5300 ORCHARD PARK LANE, 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

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 Source: Fidelity National Title & Chicago Title: INdata Market Reporting through June 2022.

Exclusive Member of