MARKET REPORT santa barbara real estate · through june 2019
1475 East Mountain Drive
Lic #01206734
1475 EAST MOUNTAIN DRIVE 5 Bedrooms | 9 Bathrooms | Offered at but $14,900,000 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 through June 2019. View the property >
REVIEW IN NUMBERS june 2019 ytd · south santa barbara county
TOTAL SALES
955
(+12% change from 2018)
SINGLE FAMILY RESIDENCE SALES
635
(+5% change from 2018)
CONDOMINIUM SALES
320
(+27% 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 June 2019.
Dear Friends, Happy Summer! Depending where you live in Santa Barbara County two Summertime songs come to mind lately. “Sunny Afternoon” by the Kinks (1969) and “Hot Fun in the Summertime” by Sly & the Family Stone. All of us at Village Properties hope you enjoyed a wonderful July 4th celebration with family and or friends. We are experiencing a healthy market so far this Summer. The appreciation rate in Santa Barbara County has been steady over the last 5 years at an average of 3% per year. We have seen an increase in the inventory in certain areas of the market and lack of inventory in other areas which shows how local the market can be even within Santa Barbara County.The median price being near the peak of 13 years ago, with some homes selling at 20% less than their purchase price at the peak. I invite you to reach out to our Village Properties agents who are exceptionally well equipped when it comes to understanding the market and how to competitively price a home. They are well trained
and know how to take care of even the smallest details that ensure a home stands out in today’s marketplace. We take time to counsel our clients and assist them in making their home shine amongst the competition. ** Fun Fact: Most doorknobs are self-cleaning due to the material they are made from. Brass and copper doorknobs actually impede bacterial growth. It’s called the oligodynamic effect, and it’s the result of metal ions in brass and copper having a toxic effect on molds, spores, viruses, and other living cells. Unvarnished brass doorknobs magically disinfect themselves in about eight hours. ** 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 June 2019.
976 CARRILLO ROAD 4 Bedrooms | 3 Bathrooms | Offered at $1,530,000 View the property >
3756 GREGGORY WAY 2 3 Bedrooms | 3 Bathrooms | Offered at $839,900 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 June 2019.
SINGLE FAMILY south santa barbara county · june 2019 ytd
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$1,930,761
$1,275,000
+10% change from 2018
+6% change from 2018
CONDOMINIUM south santa barbara county · june 2019 ytd
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$784,891
$702,250
-3% change from 2018
+5% 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 June 2019.
3 RINCON POINT LANE 3 Bedrooms | 2.5 All Bathrooms Offered athas$2,195,000 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 through June 2019. View the property >
CARPINTERIA
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
44
39
average sales price · YTD
average sales price · YTD
$2,610,955
$539,551
median sales price · YTD
median sales price · YTD
$1,083,250
$535,000
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 June 2019.
SUMMERLAND
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
7
1
average sales price · YTD
average sales price · YTD
$1,590,000
$799,000
median sales price · YTD
median sales price · YTD
$1,525,000
$799,000
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 June 2019.
22742173 WHITNEY LILLIE AVENUE 5 Bedrooms - Bedrooms | 3| Bathrooms - Bathrooms| Offered | Offered at at $1,395,000 $---,000 villagesite.com/property/details/18-2445/------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 June 2019.
3030 HIDDEN VALLEY LANE 5 Bedrooms | 5 Bathrooms | isOffered atbut$4,825,000 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 through June 2019. View the property >
MONTECITO
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
86
13
average sales price · YTD
average sales price · YTD
$4,053,349
$1,787,346
median sales price · YTD
median sales price · YTD
$2,795,000
$1,397,500
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 June 2019.
SANTA BARBARA
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
298
122
average sales price · YTD
average sales price · YTD
$1,459,127
$877,899
median sales price · YTD
median sales price · YTD
$1,272,500
$785,000
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 June 2019.
3952 STACY LANE 4 Bedrooms | 2.5 Bathrooms | Offered at $1,750,000 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 June 2019.
465 VIA DICHOSA 4 Bedrooms | 4 Bathrooms | isOffered atbut$4,700,000 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 through June 2019. View the property >
HOPE RANCH
SINGLE FAMILY RESIDENCES total sales · YTD
22 average sales price · YTD
$5,057,636 median sales price · YTD
$3,100,000
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 June 2019.
GOLETA
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
178
146
average sales price · YTD
average sales price · YTD
$1,153,628
$679,743
median sales price · YTD
median sales price · YTD
$980,000
$678,750
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 June 2019.
325 SHERWOOD DRIVE 5 Bedrooms | 5 Bathrooms | Offered at $2,195,000 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 June 2019.
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1220 VIA BRIGITTE 6 Bedrooms | 5.5 All Bathrooms Offered athas$3,295,000 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 through June 2019. View the property >
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