MARKET REPORT santa ynez valley real estate · through august 2019
3973 Roblar Avenue
Lic #01206734
3973 ROBLAR AVENUE 4 Bedrooms | 5 Bathrooms | Offered at but $4,250,000 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 through Aug 2019. View the property >
REVIEW IN NUMBERS august 2019 ytd · santa ynez valley
TOTAL SALES
185
SINGLE FAMILY RESIDENCE SALES
157
(-14% change from 2018)
CONDOMINIUM SALES
28
(+56% 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 August 2019.
Dear Friends, The 2019 school year is already well underway as we take a moment to review the August market statistics for South Santa Barbara County and the Santa Ynez Valley, and look ahead to the fourth quarter of 2019. August saw an increase in the number of listings in our county, however we still have a shortage of homes for sale, especially in the lower price points. The number of sales is still ahead of last year, although the gap is lessening. The median price is above last year by about 3.2%. This gradual increase has continued for the last five years and is projected to continue. The Santa Barbara market is a safe place to invest your money and an opportunity for buyers to act with confidence. Giving back to our local communities in Santa Barbara and the Santa Ynez Valley is very important to us at Village Properties. In 2002 we founded Teacher’s Fund, a non-profit that provides funding for our local teachers to purchase much needed basic supplies for their classrooms. Since then, the Teacher’s Fund has donated over $1.6 million to our local schools. 100% of the all funds raised go directly to local teachers for their classrooms.
On October 4th we will be hosting our annual fundraiser at our State Street office courtyard, a Back to School Supplies Drive Celebration to honor our local teachers! Taking it back to elementary school days we’ll be having a pizza party with Woodstock’s Pizza and an Ice Cream Social with Rori’s Artisanal Creamery. We’ll also have some fun lawn games, face painting, live music, a photo-booth, and, of course, adult beverages. We hope you will join us for the party and help supply a local classroom with the items they still need for the new school year www.tfsuppliesdrive.com. Fun Fact: There’s a company that specializes in building secret rooms and hidden passageways (one requires a chess board played in a certain combination to unlock). Thank you to our clients who continue to choose Village Properties as their company of choice. We are proud to serve you with excellence and care. 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 Aug 2019.
2204 HILL HAVEN ROAD 3 Bedrooms | 2 Bathrooms | Approx 1.73 Acres | Offered at $750,000 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 Aug 2019. View the property >
SINGLE FAMILY santa ynez valley · august 2019 ytd
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$1,077,642
$805,000
-8% change from 2018
-6% change from 2018
CONDOMINIUM santa ynez valley · august 2019 ytd
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$521,168
$498,000
+11% change from 2018
+15% 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 Aug 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 Aug 2019.
BUELLTON
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
29
16
average sales price · YTD
average sales price · YTD
$663,963
$469,762
median sales price · YTD
median sales price · YTD
$638,000
$490,000
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 Aug 2019.
SOLVANG / BALLARD SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
74
12
average sales price · YTD
average sales price · YTD
$1,089,439
$589,708
median sales price · YTD
median sales price · YTD
$849,500
$597,500
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 Aug 2019.
2399 JANIN PLACE 3 Bedrooms | 2.5 Bathrooms | Offered at $949,000 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 Aug 2019.
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 Aug 2019. View the property >
LOS OLIVOS
SINGLE FAMILY RESIDENCES total sales · YTD
16 average sales price · YTD
$1,308,703 median sales price · YTD
$1,200,125
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 Aug 2019.
SANTA YNEZ
SINGLE FAMILY RESIDENCES total sales · YTD
38 average sales price · YTD
$1,282,821 median sales price · YTD
$987,500
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 Aug 2019.
3520 TIVOLA STREET 3 Bedrooms | 2 Bathrooms | Offered at 675,000 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 Aug 2019.
1105 FREDENSBORG CANYON ROAD 4 Bedrooms | 6 Bathrooms | Offered at $3,695,000 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 Aug 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 August 2019.