MARKET REPORT santa ynez valley real estate · through september 2019
6903 FOXEN CANYON ROAD
Lic #01206734
6903 FOXEN CANYON ROAD 5 Bedrooms | 7 Bathrooms | Offered at $16,500,000 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 through Sept 2019. View the property >
REVIEW IN NUMBERS september 2019 ytd · santa ynez valley
TOTAL SALES
211
SINGLE FAMILY RESIDENCE SALES
179
(-9% change from 2018)
CONDOMINIUM SALES
32
(+68% change from 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 through Sept 2019.
Dear Friends, Fall in Santa Barbara is certainly a beautiful season. Bright, sunny blue skies with warm daytime temperatures cooling down to crisp, clear evenings are the norm in our town during this time of year. The real estate selling season typically slows during the fall, but sellers who are realistic, understand the market and how to price and prepare their homes for sale, will have no trouble selling their homes. We are thankful that the Santa Barbara, Ventura and Santa Ynez Valley real estate markets are still robust. The median home price continues to stay steady with a 2% annual increase over the past 5 years. We are confident that buyers can act with confidence and that the Santa Barbara and Ventura County markets are safe places to invest in. Our Village Properties agents are well-trained to understand the seasonal market nuances and how to ensure that homes are ready to sell in all markets. Our clients know this and we were honored once again to be voted the Best Real Estate Com-
pany in Santa Barbara for the 9th year in a row in the Independent Best Of Santa Barbara Competition. Our sincere thanks goes out to our community for recognizing our excellence and our ongoing commitment to them. We love to give back to our community while having fun. We had our first-ever Back-to-School Supplies Drive benefiting our non-profit, Teacher’s Fund. We were joined by over 200 guests for a grade school inspired Pizza Party and Ice Cream Social at our Santa Barbara office courtyard. Together we were able to raise over $51,000 for our local teachers and we sincerely thank all of our sponsors who helped to make this such a success. Fun Fact: Although 50% of buyers found their home through an Internet search, 90% used a real estate agent to navigate through the transaction (a share that has steadily increased from 69% in 2001). We hope you will dress up and come by our Montecito office at 1250 Coast Village Road on October 31, from 3:00 - 6:00pm for “Ghost” Village Halloween Celebrations. We will have plenty of candy for all. Wishing you a happy, successful October and a very happy Halloween. Warm Regards,
Renee Grubb Owner of Village Properties 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 through Sept 2019.
3520 TIVOLA STREET 3 Bedrooms | 2 Bathrooms | Offered at $675,000 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 through Sept 2019. View the property >
SINGLE FAMILY santa ynez valley · september 2019 ytd
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$1,079,941
$815,000
-9% change from 2018
-4% change from 2018
CONDOMINIUM santa ynez valley · september 2019 ytd
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$513,491
$490,000
+9% change from 2018
+13% change from 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 through Sept 2019.
467 KENDALE ROAD 3 Bedrooms | 3 Bathrooms | Offered at $575,000 View the property >
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 through Sept 2019.
BUELLTON
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
35
18
average sales price · YTD
average sales price · YTD
$658,885
$466,678
median sales price · YTD
median sales price · YTD
$632,000
$465,000
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 through Sept 2019.
SOLVANG / BALLARD SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
81
14
average sales price · YTD
average sales price · YTD
$1,082,537
$573,679
median sales price · YTD
median sales price · YTD
$855,000
$557,500
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 through Sept 2019.
1340 LADAN DRIVE 3 Bedrooms | 3 Bathrooms | Offered at $2,150,000 View the property >
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 through Sept 2019.
5200 ZACA STATION ROAD 5 Bedrooms | 8 Bathrooms | Offered at $6,950,000 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 through Sept 2019. View the property >
LOS OLIVOS
SINGLE FAMILY RESIDENCES total sales · YTD
18 average sales price · YTD
$1,248,292 median sales price · YTD
$972,000
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 through Sept 2019.
SANTA YNEZ
SINGLE FAMILY RESIDENCES total sales · YTD
45 average sales price · YTD
$1,355,438 median sales price · YTD
$1,000,000
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 through Sept 2019.
3088 GLENGARY ROAD 3 Bedrooms | 2 Bathrooms | Offered at $799,000 View the property >
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 through Sept 2019.
1880 MORA AVENUE 4 Bedrooms | 5 Bathrooms | Offered at $5,900,000 All information provided is deemed reliable, but has not been verified & we do not guarantee it. View the property > We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through Sept 2019.
OUR MISSION Forging lasting personal relationships with customers is at the core of our success and we pride ourselves on keeping clients for life. We credit our devoted team of agents for keeping our clients satisfied and we’re firm believers in developing and sustaining these long-term relationships. We’re committed to developing agents into passionate professionals that offer unparalleled service on the job and are dedicated to community involvement off the clock. 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 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 through Sept 2019.