MID-YEAR real estate market report | 2018 year to date
1484 Calzada Avenue
1484 CALZADA AVENUE 3 Bedrooms | 8 Bathrooms | Offered at but $5,500,000 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 Jan-June 2018. villagesite.com/property/details/18-649/1484-calzada-ave-santa-ynez
REVIEW IN NUMBERS june 2018 · santa ynez valley · year to date
TOTAL SALES
140 SINGLE FAMILY RESIDENCE SALES
131
(-2.2% change from 2017)
CONDOMINIUM SALES
9
(-18.2% change from 2017)
All information provided is deemed reliable, but has not been verified & wedonotguaranteeit. Werecommendthatbuyersmaketheirowninquiries. DRE #01206734. Data taken from CORT Jan-June 2018.
Dear Friends, As I look back over the first 6 months of 2018, I feel tremendous love for our town of Santa Barbara. We began the year with unparalleled setbacks. The Thomas Fire and resultant debris flows affected our entire community on a level never experienced before. For us at Village Properties, it was deeply personal. We responded to our personal and community losses by doing what we do best. Giving back to our local Santa Barbara community. Locally owned and operated, Village Properties has always considered giving back to our local community of paramount importance. This year has been no different. In February, Village Properties was a proud sponsor of the One805 Kick Ash Bash, a first-of-its-kind fundraiser event for our local first responders and the victims of the mudflow. In the following months we have sponsored many community events from the Heart Association to the Chamber of Com-
merce and the Natural History Museum Gala. And, as always, we continuously support our communities’ children and teachers through the Teacher’s Fund. Our commitment to our home remains stronger than ever. We are extremely thankful to see that our local real estate market has rebounded, despite the earlier setbacks. We have seen resilience and continued steady activity in home sales. Buyer confidence in Santa Barbara real estate remains strong. We, at Village Properties, look forward to a strong second half of 2018. We remain deeply committed to our clients and to our local community. 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-June 2018.
846 SIENNA WAY 4 Bedrooms | 3 Bathrooms | Offered at $1,225,000 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-June 2018. villagesite.com/property/details/18-2081/846-sienna-way-solvang
SINGLE FAMILY santa ynez valley · year to date
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$1,178,619
$842,000
+11% change from 2017
+3.4% change from 2017
CONDOMINIUM santa ynez valley · year to date
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$486,333
$435,000
-3% change from 2017
+6% 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-June 2018.
370 BEECH COURT 3 Bedrooms | 2 Bathrooms | Offered at $711,900 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-June 2018. villagesite.com/property/details/18-2400/370-beech-ct-buellton
BUELLTON
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
22
4
average sales price · YTD
average sales price · YTD
$862,382
$391,750
median sales price · YTD
median sales price · YTD
$579,750
$414,000
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-June 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 Jan-June 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 Jan-June 2018.
2678 SANTA BARBARA AVENUE 3 Bedrooms | 3 Bathrooms | Offered at $1,695,000 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-June 2018. villagesite.com/property/details/18-1354/2678-santa-barbara-ave-los-olivos
LOS OLIVOS
SINGLE FAMILY RESIDENCES total sales · YTD
3 average sales price · YTD
$818,500 median sales price · YTD
$865,000
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-June 2018.
SOLVANG
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
63
5
average sales price · YTD
average sales price · YTD
$972,577
$562,000
median sales price · YTD
median sales price · YTD
$842,000
$580,000
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-June 2018.
654 IVY LANE 4 Bedrooms | 3 Bathrooms | Offered at $1,195,000 villagesite.com/property/details/18-2389/654-ivy-ln-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 Jan-June 2018.
3231 LIVE OAK ROAD 3 Bedrooms | 2 Bathrooms | Offered at $1,250,000 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-June 2018. villagesite.com/property/details/16-269/3231-live-oak-rd-santa-ynez
SANTA YNEZ
SINGLE FAMILY RESIDENCES total sales · YTD
42 average sales price · YTD
$1,676,759 median sales price · YTD
$1,420,000
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-June 2018.
223 VALHALLA DRIVE 3 Bedrooms | 3 Bathrooms | Offered at $1,195,000 All information provided is deemed reliable, but has not been verified & we do not guarantee it. villagesite.com/property/details/18-836/223-valhalla-dr-solvang We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT Jan-June 2018.
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