MARKET REPORT santa ynez valley real estate · through june 2019
1833 Fletcher Way
Lic #01206734
1833 FLETCHER WAY 5 Bedrooms | 6 Bathrooms | Offered at but $12,250,000 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 June 2019. View the property >
REVIEW IN NUMBERS june 2019 ytd · santa ynez valley
TOTAL SALES
129
SINGLE FAMILY RESIDENCE SALES
108
(-18% change from 2018)
CONDOMINIUM SALES
21
(+133% 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.
475 PHEASANT CANYON COURT 4 Bedrooms | 3.5 All Bathrooms | Offered at $789,000 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. View the property >
SINGLE FAMILY santa ynez valley · june 2019 ytd
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$1,118,212
$819,875
-5% change from 2018
-3% change from 2018
CONDOMINIUM santa ynez valley · june 2019 ytd
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$510,264
$488,000
+5% change from 2018
+12% 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.
1241 HAGER LANE 3 Bedrooms | 3 Bathrooms | Offered at $1,150,000 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. View the property >
BUELLTON
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
17
12
average sales price · YTD
average sales price · YTD
$667,672
$484,086
median sales price · YTD
median sales price · YTD
$627,500
$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 June 2019.
SOLVANG / BALLARD SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
50
9
average sales price · YTD
average sales price · YTD
$1,145,700
$484,086
median sales price · YTD
median sales price · YTD
$867,000
$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 June 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 June 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 June 2019. View the property >
LOS OLIVOS
SINGLE FAMILY RESIDENCES total sales · YTD
10 average sales price · YTD
$1,222,625 median sales price · YTD
$963,125
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 June 2019.
SANTA YNEZ
SINGLE FAMILY RESIDENCES total sales · YTD
31 average sales price · YTD
$1,287,264 median sales price · YTD
$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 through June 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 June 2019.
1340 LADAN DRIVE 3 Bedrooms | 3 Bathrooms | Offered at $2,150,000 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 June 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