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

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

featured property 875 PARK LANE

DRE #01206734

875 PARK LANE • click to view Exclusive Member of

Review in Numbers SOUTH SANTA BARBARA COUNTY SEPTEMBER 2023 YTD

TOTAL SALES

859 (-27% over 2022)

SINGLE FAMILY RESIDENCE SALES

599 (-28% over 2022)

CONDOMINIUM SALES

260 (-27% over 2022)

Single Family SOUTH SANTA BARBARA COUNTY SEPTEMBER 2023 YTD

AVERAGE SALES PRICE • YTD

$3,240,694 -4% change from 2022

MEDIAN SALES PRICE • YTD

$2,100,000 -4% change from 2022

875 PARK LAN

NE • click to view

Condominium SOUTH SANTA BARBARA COUNTY SEPTEMBER 2023 YTD

AVERAGE SALES PRICE • YTD

$1,239,371 +4% change from 2022

MEDIAN SALES PRICE • YTD

$950,000 0% change from 2022

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

875 PARK 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

SEPTEMBER 2023 TOTAL SALES

AVERAGE SALES PRICE

13 $5,548,635

$1,380,000 -8% change from 2022

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

52

43

AVERAGE SALES PRICE · YTD

$3,170,138 MEDIAN SALES PRICE · YTD

$1,577,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

+260% change from 2022

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

$838,535 MEDIAN SALES PRICE · YTD

$782,000

Summerland

108 PIERPONT AVENUE • click to view

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Median Price v Sales over the past 5 years

SEPTEMBER 2023 TOTAL SALES

MEDIAN SALES PRICE

$2,659,000

$2,350,000

+61% change from 2022

+42% change from 2022

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

7

4

AVERAGE SALES PRICE · YTD

$4,582,736 MEDIAN SALES PRICE · YTD

$3,500,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

4

AVERAGE SALES PRICE

AVERAGE SALES PRICE · YTD

$1,491,163 MEDIAN SALES PRICE · YTD

$1,489,325

Montecito

595 PICACHO LANE • click to view

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Median Price v Sales over the past 5 years

SEPTEMBER 2023 TOTAL SALES

AVERAGE SALES PRICE

17 $6,299,529

$5,250,000 -5% change from 2022

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

112

17

AVERAGE SALES PRICE · YTD

$6,597,321 MEDIAN SALES PRICE · YTD

$5,126,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

-15% change from 2022

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

$3,162,618 MEDIAN SALES PRICE · YTD

$2,845,000

Santa Barbara

1215 MIRCANON LANE • click to view

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Median Price v Sales over the past 5 years

SEPTEMBER 2023 TOTAL SALES

AVERAGE SALES PRICE

45 $1,838,803

$1,695,000 +14% change from 2022

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

269

116

AVERAGE SALES PRICE · YTD

$2,351,312 MEDIAN SALES PRICE · YTD

$2,030,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

+2% change from 2022

MEDIAN SALES PRICE

AVERAGE SALES PRICE · YTD

$1,279,117 MEDIAN SALES PRICE · YTD

$1,087,500

Hope Ranch

* PROPOSED PLAN

4640 VIA BENDITA • click to view

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Median Price v Sales over the past 5 years

SEPTEMBER 2023 TOTAL SALES

AVERAGE SALES PRICE

MEDIAN SALES PRICE

2 $6,712,500

$6,712,500 +89% change from 2022

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

17

n/a

AVERAGE SALES PRICE · YTD

$7,236,121 MEDIAN SALES PRICE · YTD

$5,975,000

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

+70% change from 2022

AVERAGE SALES PRICE · YTD

n/a MEDIAN SALES PRICE · YTD

n/a

Goleta

452 CAMINO TALAVERA • click to view

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Median Price v Sales over the past 5 years

TOTAL SALES

AVERAGE SALES PRICE

MEDIAN SALES PRICE

17

$1,310,699

$1,341,525

-2% change from 2022

-1% change from 2022

TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

142

80

AVERAGE SALES PRICE · YTD

$1,759,381 MEDIAN SALES PRICE · YTD

$1,499,500

CONDOMINIUMS • YTD

SINGLE FAMILY RESIDENCES • YTD

SEPTEMBER 2023

AVERAGE SALES PRICE · YTD

$975,909 MEDIAN SALES PRICE · YTD

$880,750

9985 ALISOS CANYON ROAD, LOS ALAMOS • click to view Exclusive Member of

Santa Ynez Valley Review in Numbers SANTA YNEZ VALLEY SEPTEMBER 2023 YTD

TOTAL SALES

122 SINGLE FAMILY RESIDENCE SALES

102 (-35% over 2022)

CONDOMINIUM SALES

20 (-5% over 2022)

Single Family SANTA YNEZ VALLEY SEPTEMBER 2023 YTD

AVERAGE SALES PRICE • YTD

$2,053,595 +1% change from 2022

MEDIAN SALES PRICE • YTD

$1,425,000 -8% change from 2022

9985 ALISOS CANYON ROAD

D, LOS ALAMOS • click to view

Condominium SANTA YNEZ VALLEY SEPTEMBER 2023 YTD

AVERAGE SALES PRICE • YTD

$613,500 +7% change from 2022

MEDIAN SALES PRICE • YTD

$602,000 -7% change from 2022

Buellton, Solvang & Ballard

470 DOGWOOD DRIVE • click to view

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TOTAL SALES · YEAR TO DATE

TOTAL SALES · YEAR TO DATE

16

13

AVERAGE SALES PRICE · YTD

$949,812 MEDIAN SALES PRICE · YTD

$912,500

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

47

7

AVERAGE SALES PRICE · YTD

$2,029,847 MEDIAN SALES PRICE · YTD

$1,540,000

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

1518 EDISON STREET • 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

34 AVERAGE SALES PRICE · YTD

$2,563,448 MEDIAN SALES PRICE · YTD

$1,675,000

AVERAGE SALES PRICE · YTD

$2,341,938 MEDIAN SALES PRICE · YTD

$2,175,500

1825 STANWOOD DRIVE, 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 September 2023.

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