Santa Barbara Area Real Estate Report through October 2023 | Village Properties Realtors

Santa Barbara Area Market Report SANTA BARBARA AREA REAL ESTATE THROUGH OCTOBER 2023

featured property 1975 INVERNESS LANE

DRE #01206734

1975 INVERNESS LANE • click to view Exclusive Member of

Review in Numbers SOUTH SANTA BARBARA COUNTY OCTOBER 2023 YTD

TOTAL SALES

949 (-26% over 2022)

SINGLE FAMILY RESIDENCE SALES

669 (-26% over 2022)

CONDOMINIUM SALES

280 (-27% over 2022)

Single Family SOUTH SANTA BARBARA COUNTY OCTOBER 2023 YTD

AVERAGE SALES PRICE • YTD

$3,245,456 -3% change from 2022

MEDIAN SALES PRICE • YTD

$2,100,000 -3% change from 2022

1975 INVERNESS

Condominium SOUTH SANTA BARBARA COUNTY OCTOBER 2023 YTD

AVERAGE SALES PRICE • YTD

$1,238,352 +4% change from 2022

MEDIAN SALES PRICE • YTD

$950,000 -1% change from 2022

LANE • click to view

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

1975 INVERNESS LANE • click to view

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Carpinteria

8107 BUENA FORTUNA STREET • click to view

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Median Price v Sales over the past 5 years

TOTAL SALES

AVERAGE SALES PRICE

MEDIAN SALES PRICE

6

$1,779,326

$1,556,728

-68% change from 2022

+41% change from 2022

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

56

45

AVERAGE SALES PRICE · YTD

$3,100,502 MEDIAN SALES PRICE · YTD

$1,605,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

OCTOBER 2023

AVERAGE SALES PRICE · YTD

$843,378 MEDIAN SALES PRICE · YTD

$785,000

Summerland

108 PIERPONT AVENUE • click to view

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Median Price v Sales over the past 5 years

OCTOBER 2023 TOTAL SALES

MEDIAN SALES PRICE

$1,800,000

$1,800,000

+19% change from 2022

+19% change from 2022

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

8

4

AVERAGE SALES PRICE · YTD

$4,234,894 MEDIAN SALES PRICE · YTD

$3,275,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

1

AVERAGE SALES PRICE

AVERAGE SALES PRICE · YTD

$1,638,125 MEDIAN SALES PRICE · YTD

$1,352,400

Montecito

1104 CHANNEL DRIVE • click to view

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Median Price v Sales over the past 5 years

TOTAL SALES

AVERAGE SALES PRICE

MEDIAN SALES PRICE

14

$7,249,231

$6,400,000

+53% change from 2022

+65% change from 2022

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

124

19

AVERAGE SALES PRICE · YTD

$6,772,018 MEDIAN SALES PRICE · YTD

$5,272,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

OCTOBER 2023

AVERAGE SALES PRICE · YTD

$3,189,974 MEDIAN SALES PRICE · YTD

$2,950,000

Santa Barbara

1221 DE LA GUERRA ROAD • click to view

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Median Price v Sales over the past 5 years

TOTAL SALES

AVERAGE SALES PRICE

MEDIAN SALES PRICE

44

$1,952,559

$1,795,000

-9% change from 2022

-1% change from 2022

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

304

125

AVERAGE SALES PRICE · YTD

$2,330,535 MEDIAN SALES PRICE · YTD

$2,022,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

OCTOBER 2023

AVERAGE SALES PRICE · YTD

$1,226,484 MEDIAN SALES PRICE · YTD

$1,085,000

Hope Ranch

767 LAS PALMAS DRIVE • click to view

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Median Price v Sales over the past 5 years

OCTOBER 2023 TOTAL SALES

AVERAGE SALES PRICE

MEDIAN SALES PRICE

2 $6,535,500

$6,535,000 n/a change from 2022

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

19

n/a

AVERAGE SALES PRICE · YTD

$7,162,372 MEDIAN SALES PRICE · YTD

$5,975,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

n/a change from 2022

AVERAGE SALES PRICE · YTD

n/a MEDIAN SALES PRICE · YTD

n/a

Goleta

452 CAMINO TALAVERA • RECENTLY SOLD

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Median Price v Sales over the past 5 years

TOTAL SALES

AVERAGE SALES PRICE

MEDIAN SALES PRICE

23

$1,808,761

$1,370,000

+34% change from 2022

+9% change from 2022

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

158

87

AVERAGE SALES PRICE · YTD

$1,807,624 MEDIAN SALES PRICE · YTD

$1,499,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

OCTOBER 2023

AVERAGE SALES PRICE · YTD

$964,388 MEDIAN SALES PRICE · YTD

$876,000

2740 ONTIVEROS ROAD • click to view Exclusive Member of

Santa Ynez Valley Review in Numbers SANTA YNEZ VALLEY 0CTOBER 2023 YTD

TOTAL SALES

136 SINGLE FAMILY RESIDENCE SALES

116 (-32% over 2022)

CONDOMINIUM SALES

20 (-5% over 2022)

Single Family SANTA YNEZ VALLEY OCTOBER 2023 YTD

AVERAGE SALES PRICE • YTD

$2,066,246 +4% change from 2022

MEDIAN SALES PRICE • YTD

$1,471,077 -2% change from 2022

2740 ONTIVEROS

Condominium SANTA YNEZ VALLEY OCTOBER 2023 YTD

AVERAGE SALES PRICE • YTD

$613,500 -7% change from 2022

MEDIAN SALES PRICE • YTD

$602,000 -7% change from 2022

ROAD • click to view

Buellton, Solvang & Ballard

1270 POPPY VALLEY ROAD • click to view

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TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

18

13

AVERAGE SALES PRICE · YTD

$975,950 MEDIAN SALES PRICE · YTD

$952,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

Buellton

AVERAGE SALES PRICE · YTD

$649,077 MEDIAN SALES PRICE · YTD

$650,000

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

54

7

AVERAGE SALES PRICE · YTD

$2,076,454 MEDIAN SALES PRICE · YTD

$1,547,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

Solvang and Ballard

AVERAGE SALES PRICE · YTD

$547,428 MEDIAN SALES PRICE · YTD

$542,000

Los Olivos & Santa Ynez

4199 TIMS ROAD • click to view

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Los Olivos TOTAL SALES · YEAR TO DATE

SINGLE FAMILY RESIDENCES • YTD

5

Santa Ynez TOTAL SALES · YEAR TO DATE

SINGLE FAMILY RESIDENCES • YTD

39 AVERAGE SALES PRICE · YTD

$2,519,980 MEDIAN SALES PRICE · YTD

$1,750,000

AVERAGE SALES PRICE · YTD

$2,341,938 MEDIAN SALES PRICE · YTD

$2,175,500

234 LOS ALAMOS 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

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 October 2023.

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