MARKET REPORT santa barbara real estate ¡ july year to date 2018
1422 East Valley Road, Montecito
1422 EAST VALLEY ROAD, MONTECITO 6 Bedrooms | 5.5 All Bathrooms Offered athas$4,995,000 information provided |is deemed reliable, but not been verified & we do not guarantee it. We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT Jan - July 2018. villagesite.com/property/details/18-2670/1422-e-valley-rd-santa-barbara
REVIEW IN NUMBERS july 2018 ytd · south santa barbara county
TOTAL SALES
1,016
(-2.2% change from 2017)
SINGLE FAMILY RESIDENCE SALES
696
(-9% change from 2017)
CONDOMINIUM SALES
320
(+16% 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 Jan - July 2018.
Dear Friends, I am pleased to bring you July’s Real Estate Market Report, keeping you in the know and up to date on the latest activity and trends in the communities we serve in South Santa Barbara County and Santa Ynez Valley. At Village Properties we pride ourselves on providing only the very best concierge service to our clients. We do this by utilizing our extensive local knowledge, high ethical standards, cutting-edge technology, and teamwork, along with our exclusive global connections with exceptional affiliates around the world. Only the most accomplished real estate brokerages at the top of their market are awarded affiliate status with the Leading Real Estate Companies of the World, Christie’s International Real Estate, and Luxury Portfolio International. Village Properties is proud to be the exclusive affiliate of each of these “by-invita-
tion-only� luxury companies, giving us unparalleled resources and expertise to market our clients properties to a worldwide audience. We know that our clients choose us because they prefer the personality and community-roots of a locally owned company over franchised companies. We also know that sellers want their properties exposed globally. With our exceptional connections we bring this two fold approach to our clients. We are proud to be locally owned and globally connected, making us the number one Independent Company choice for buyers and sellers in our local communities. 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 Jan - July 2018.
3056 CALLE ROSALES 3 Bedrooms | 2 Bathrooms | Offered at $1,295,000 villagesite.com/property/details/18-2739/3056-calle-rosales-santa-barbara
5951 BIRCH STREET 2 2 Bedrooms | 1 Bathroom | Offered at $399,000 villagesite.com/property/details/18-2870/5951-birch-st-2-carpinteria
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 Jan - July 2018.
SINGLE FAMILY south santa barbara county · year to date
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$1,736,514
$1,200,000
+5% change from 2017
0% change from 2017
CONDOMINIUM south santa barbara county · year to date
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$812,307
$680,000
+13% change from 2017
+13% 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 Jan - July 2018.
3375 FOOTHILL ROAD 233 1 Bedroom | 1 Bathroom Offered $799,000 All information |provided is deemed at 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 Jan - July 2018. villagesite.com/property/details/18-2065/3375-foothill-rd-233-carpinteria
CARPINTERIA
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
39
42
average sales price · YTD
average sales price · YTD
$1,204,910
$650,833
median sales price · YTD
median sales price · YTD
$955,000
$582,500
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 Jan - July 2018.
SUMMERLAND
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
6
4
average sales price · YTD
average sales price · YTD
$1,426,417
$762,750
median sales price · YTD
median sales price · YTD
$1,37 1,250
$780,500
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 Jan - July 2018.
2423 BANNER AVENUE 4 Bedrooms | 4 Bathrooms | Offered at $1,899,000 villagesite.com/property/details/18-2691/2423-banner-ave-summerland
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 Jan - July 2018.
1636 MOORE ROAD 4 Bedrooms | 6 Bathrooms | isOffered atbut$4,995,000 All information provided 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 Jan - July 2018. villagesite.com/property/details/18-1517/1636-moore-rd-montecito
MONTECITO
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
75
15
average sales price · YTD
average sales price · YTD
$4,299,653
$2,056,321
median sales price · YTD
median sales price · YTD
$2,875,000
$1,520,000
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 Jan - July 2018.
SANTA BARBARA
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
367
159
average sales price · YTD
average sales price · YTD
$1,404,284
$843,346
median sales price · YTD
median sales price · YTD
$1,259,000
$7 18,000
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 Jan - July 2018.
635 GROVE LANE 4 Bedrooms | 3 Bathrooms | Offered at $1,575,000 villagesite.com/property/details/18-2520/635-grove-ln-santa-barbara
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 Jan - July 2018.
1125 ESTRELLA DRIVE 3 Bedrooms | 3 Bathrooms | isOffered atbut$2,795,000 All information provided 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 Jan - July 2018. villagesite.com/property/details/18-2757/1125-estrella-dr-santa-barbara
HOPE RANCH
SINGLE FAMILY RESIDENCES total sales · YTD
26 average sales price · YTD
$4,948,077 median sales price · YTD
$3,522,500
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 Jan - July 2018.
GOLETA
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
183
101
average sales price · YTD
average sales price · YTD
$1,019,495
$660,117
median sales price · YTD
median sales price · YTD
$905,000
$507,500
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 Jan - July 2018.
529 PEPPERGRASS COURT 3 Bedrooms | 2.5 Bathrooms | Offered at $917,000 villagesite.com/property/details/18-2590/529-peppergrass-ct-goleta
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 Jan - July 2018.
11 NORTHRIDGE ROAD 4 Bedrooms | 3 Bathrooms | isOffered atbut$1,975,000 All information provided 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 Jan - July 2018. villagesite.com/property/details/18-2514/11-northridge-rd-santa-barbara
LOOKING FORWARD Village Properties offers unparalleled real estate services in Santa Barbara, California and the surrounding communities. Our knowledgeable, connected agents are committed to providing you with the finest professional real estate services available. For over 20 years Village Properties has earned a reputation for doing what is right and are proud to have grown a team of agents who are courteous, fair, loyal and trustworthy. Take advantage of today’s market. 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