Santa Ynez Valley Real Estate Market Report | April 2018 TYD

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APRIL real estate market report | 2018

5200 ZACA STATION ROAD


5200 ZACA STATION ROAD 8 Bedrooms | 8 Bathrooms | Offered at but $8,900,000 All information provided is deemed reliable, has not been verified & we do not guarantee it. We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT April 2018. villagesite.com/property/details/18-963/5200-zaca-station-rd-los-olivos


IN SUMMARY santa ynez valley · year to date

TOTAL SALES

80 SINGLE FAMILY RESIDENCE SALES

76

(-8% change from 2017)

CONDOMINIUM SALES

4

(-43% change from 2017)

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 taken from CORT April 2018.


IN SUMMARY santa ynez valley ¡ year to date

Somehow we are already mid-May in the Santa Ynez Valley, and the real estate market seems to be moving just as quickly. The SYV real estate market is showing 80 sales year to date through April. The majority of sales have occured in the Solvang area with 34 single family residences and 2 condominiums sold. Although the number of single family home sales is down from 83 in 2017 to 76 in 2018. The average sales price, compared to 2017, is up 2% and the median


sales price is up 5%. The condominium market is down from 7 sales in 2017 to 4 this year. The average sales price over 2017, and the median are both up - 15% for the average sales price and 30% for the median. Overall, the real estate market is looking strong in the Valley as we wrap up the year to date sales numbers. Continue through the following pages to view the numbers in-depth by area.

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 taken from CORT April 2018.


1318 CHEYENNE LANE 3 Bedrooms | 2 Bathrooms | Offered at $750,000 villagesite.com/property/details/17-3978/1318-cheyenne-ln-santa-ynez

673 HILLSIDE DRIVE 2 Bedrooms | 2.5 Bathrooms | Offered at $575,000 villagesite.com/property/details/17-2402/673-hillside-dr-solvang

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 taken from CORT April 2018.


SINGLE FAMILY santa ynez valley · year to date

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$1,050,067

$854,500

+2% change from 2016

+5% change from 2016

CONDOMINIUM santa ynez valley · year to date

AVERAGE SALES PRICE

MEDIAN SALES PRICE

$558,750

$515,000

+15% change from 2016

+30% change from 2016

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 taken from CORT April 2018.


373 KENDALE ROAD 3 Bedrooms | 3 Bathrooms | Offered at $659,000 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 taken from CORT April 2018. villagesite.com/property/details/18-1580/373-kendale-rd-buellton


BUELLTON

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

13

2

average sales price · YTD

average sales price · YTD

$965,108

$435,000

median sales price · YTD

median sales price · YTD

$579,500

$435,000

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 taken from CORT April 2018.


BALLARD

SINGLE FAMILY RESIDENCES total sales · YTD

1 average sales price · YTD

$1,275,000 median sales price · YTD

$1,275,000

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 taken from CORT April 2018.


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 taken from CORT April 2018.


2678 SANTA BARBARA AVENUE 3 Bedrooms | 3 Bathrooms | Offered at $1,950,000 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 taken from CORT April 2018. villagesite.com/property/details/18-1354/2678-santa-barbara-ave-los-olivos


LOS OLIVOS

SINGLE FAMILY RESIDENCES total sales · YTD

1 average sales price · YTD

$633,000 median sales price · YTD

$633,000

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 taken from CORT April 2018.


SOLVANG

SINGLE FAMILY RESIDENCES

CONDOMINIUM HOMES

total sales · YTD

total sales · YTD

34

2

average sales price · YTD

average sales price · YTD

$977,712

$682,500

median sales price · YTD

median sales price · YTD

$882,000

$682,500

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 taken from CORT April 2018.


2492 JANIN WAY 4 Bedrooms | 3 Bathrooms | Offered at $1,049,000 villagesite.com/property/details/18-556/2492-janin-way-solvang

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 taken from CORT April 2018.


4084 INDIAN WAY 4 Bedrooms | 3 Bathrooms | Offered at but $1,895,000 All information provided is deemed reliable, has not been verified & we do not guarantee it. We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT April 2018. villagesite.com/property/details/18-1584/4084-indian-way-santa-ynez


SANTA YNEZ

SINGLE FAMILY RESIDENCES total sales · YTD

27 average sales price · YTD

$1,470,685 median sales price · YTD

$1,315,000

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 taken from CORT April 2018.


1240 VIA DINERO SL 4 Bedrooms | 4 Bathrooms | Offered at $2,595,000 All information provided is deemed reliable, but has not been verified & we do not guarantee it. villagesite.com/property/details/17-726/1240-via-dinero-sl-solvang We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT April 2018.


WRAPPING UP santa ynez valley

Are you ready to take advantage of this market? The Santa Ynez Valley real estate market has opportunities for both buyers and sellers. Contact your Village Properties agent today! The numbers included in this report are courtesy of Fidelity National Title.

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


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