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

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

featured property 770 HOT SPRINGS ROAD

DRE #01206734

770 HOT SPRINGS ROAD • click to view Exclusive Member of

Review in Numbers SOUTH SANTA BARBARA COUNTY MARCH 2022 YTD

TOTAL SALES

409 (-23% over 2021)

SINGLE FAMILY RESIDENCE SALES

280 (-27% over 2021)

CONDOMINIUM SALES

129 (-16% over 2021)

Single Family SOUTH SANTA BARBARA COUNTY MARCH 2022 YTD

AVERAGE SALES PRICE • YTD

$3,619,949 +17% change from 2021

MEDIAN SALES PRICE • YTD

$2,218,000 +17% change from 2021

770 HOT SPRINGS

S ROAD • click to view

Condominium SOUTH SANTA BARBARA COUNTY MARCH 2022 YTD

AVERAGE SALES PRICE • YTD

$1,188,406 +19% change from 2021

MEDIAN SALES PRICE • YTD

$896,000 +11% 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

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Median Price over the past 5 years

TOTAL SALES

AVERAGE SALES PRICE

MEDIAN SALES PRICE

14

$1,117,192

$980,000

-36% change from 2021

+16% change from 2020

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

14

22

AVERAGE SALES PRICE · YTD

$1,512,750 MEDIAN SALES PRICE · YTD

$1,500,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

MARCH 2022

AVERAGE SALES PRICE · YTD

$879,591 MEDIAN SALES PRICE · YTD

$823,750

Summerland

2340 VARLEY STREET • click to view

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Median Price over the past 5 years

MARCH 2022 TOTAL SALES

AVERAGE SALES PRICE

1 $1,025,000

$1,025,000 -36% change from 2021

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

2

1

AVERAGE SALES PRICE · YTD

$3,200,000 MEDIAN SALES PRICE · YTD

$3,200,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

-70% change from 2021

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

$1,025,000 MEDIAN SALES PRICE · YTD

$1,025,000

Montecito

2255 ORTEGA RANCH ROAD • click to view

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Median Price over the past 5 years

MARCH 2022 TOTAL SALES

AVERAGE SALES PRICE

31 $8,027,048

$5,250,000 +35% change from 2021

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

63

12

AVERAGE SALES PRICE · YTD

$7,884,338 MEDIAN SALES PRICE · YTD

$5,675,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

+35% change from 2021

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

$2,831,667 MEDIAN SALES PRICE · YTD

$2,987,500

Santa Barbara

2952 VENTURA DRIVE • click to view

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Median Price over the past 5 years

MARCH 2022 TOTAL SALES

AVERAGE SALES PRICE

79 $2,321,794

$1,850,000 +32% change from 2021

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

116

56

AVERAGE SALES PRICE · YTD

$2,732,528 MEDIAN SALES PRICE · YTD

$2,200,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

+33% change from 2021

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

$1,202,533 MEDIAN SALES PRICE · YTD

$933,500

Hope Ranch

4160 LA LADERA • click to view

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Median Price over the past 5 years

MARCH 2022 TOTAL SALES

AVERAGE SALES PRICE

2 $5,462,500

$5,462,500 +16% change from 2021

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

9

n/a

AVERAGE SALES PRICE · YTD

$5,333,889 MEDIAN SALES PRICE · YTD

$4,650,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

+37% change from 2021

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

n/a MEDIAN SALES PRICE · YTD

n/a

Goleta

7193 EMILY LANE • click to view

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Median Price over the past 5 years

MARCH 2022 TOTAL SALES

AVERAGE SALES PRICE

46 $1,269,760

$1,237,500 +22% change from 2021

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

76

38

AVERAGE SALES PRICE · YTD

$1,635,731 MEDIAN SALES PRICE · YTD

$1,442,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

+1% change from 2021

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

$831,750 MEDIAN SALES PRICE · YTD

$780,000

1833 FLETCHER WAY • click to view Exclusive Member of

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

TOTAL SALES

65 SINGLE FAMILY RESIDENCE SALES

57 CONDOMINIUM SALES

8

Single Family SANTA YNEZ VALLEY MARCH 2022 YTD

AVERAGE SALES PRICE • YTD

$2,168,067 +41% change from 2021

MEDIAN SALES PRICE • YTD

$1,500,000 +26% change from 2021

1833 FLETCHER

Condominium SANTA YNEZ VALLEY MARCH 2022 YTD

AVERAGE SALES PRICE • YTD

$664,375 +4% change from 2021

MEDIAN SALES PRICE • YTD

$638,000 -0.2% change from 2021

WAY • click to view

Buellton, Solvang & Ballard

2810 MISSION DRIVE • click to view

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TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

13

5

AVERAGE SALES PRICE · YTD

$1,081,462 MEDIAN SALES PRICE · YTD

$969,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

Buellton

AVERAGE SALES PRICE · YTD

$736,000 MEDIAN SALES PRICE · YTD

$779,000

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

22

3

AVERAGE SALES PRICE · YTD

$1,609,391 MEDIAN SALES PRICE · YTD

$1,534,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

Solvang and Ballard

AVERAGE SALES PRICE · YTD

$545,000 MEDIAN SALES PRICE · YTD

$570,000

Los Olivos & Santa Ynez

3011 SANTA YNEZ AVENUE • click to view

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Los Olivos TOTAL SALES · YEAR TO DATE

SINGLE FAMILY RESIDENCES • YTD

7

Santa Ynez TOTAL SALES · YEAR TO DATE

SINGLE FAMILY RESIDENCES • YTD

15 AVERAGE SALES PRICE · YTD

$3,774,600 MEDIAN SALES PRICE · YTD

$2,400,000

AVERAGE SALES PRICE · YTD

$2,499,318 MEDIAN SALES PRICE · YTD

$1,795,000

4488 LA PALOMA 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.”

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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 February 2022.

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