MARCH real estate market report | 2018
3200 - 3201 CABALLO ROAD
3200 - 3201 CABALLO ROAD 5 Bedrooms | 5 Bathrooms | Offered at $3,290,000 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 March 2018. villagesite.com/property/details/17-3891/3200-3201-caballo-rd-santa-ynez
IN SUMMARY santa ynez valley · year to date
TOTAL SALES
62
(+3.3% change from 2017)
SINGLE FAMILY RESIDENCE SALES
59
(+7.2% change from 2017)
CONDOMINIUM SALES
3
(-40% 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 March 2018.
IN SUMMARY santa ynez valley ¡ year to date
The end of the first quarter of 2018 finds the Santa Ynez Valley real estate market looking up. The year to date numbers indicate a 3.3% increase in number of sales over this time last year. The majority of sales have occured in the Solvang area with 25 single family residences and 1 condominium sold year to date. The number of single family home sales for the first quarter is up from 55 in 2017 to 59 in 2018. The average sales price, compared to 2017, is up 11.5%
and the median sales price is up 4%. The condominium market is down from 5 sales in 2017 to 3 this year. The average sales price over 2017, and the median are both up, despite a drop of 40% in the number of condo sales. Overall, the real estate market is looking strong in the Valley as we wrap up the first quarter sales numbers. Continue through the following pages to view the numbers in-depth by area.
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 March 2018.
1994 WINDMILL LANE 4 Bedrooms | 3 Bathrooms | Offered at $895,000 villagesite.com/property/details/18-1061/1994-windmill-ln-solvang
673 HILLSIDE DRIVE 2 Bedrooms | 2.5 Bathrooms | Offered at $575,000 villagesite.com/property/details/17-2402/673-hillside-dr-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 March 2018.
SINGLE FAMILY santa ynez valley · year to date
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$1,088,674
$825,000
+11.5% change from 2016
+4% change from 2016
CONDOMINIUM santa ynez valley · year to date
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$552,667
$450,000
+6.3% change from 2016
+14% change from 2016
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 March 2018.
552 TAMARIND LANE 4 Bedrooms | 3 Bathrooms | Offered at but $740,000 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 March 2018. villagesite.com/property/details/18-726/552-tamarind-ln-buellton
BUELLTON
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
11
2
average sales price · YTD
average sales price · YTD
$618,218
$435,000
median sales price · YTD
median sales price · YTD
$579,500
$435,000
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 March 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 March 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 March 2018.
2930 BRAMADERO ROAD 4 Bedrooms | 4 Bathrooms | Offered at but $2,475,000 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 March 2018. villagesite.com/property/details/18-302/2930-bramadero-rd-los-olivos
LOS OLIVOS
SINGLE FAMILY RESIDENCES total sales · YTD
1 average sales price · YTD
$633,000 median sales price · YTD
$633,000
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 March 2018.
SOLVANG
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
25
1
average sales price · YTD
average sales price · YTD
$1,021,919
$785,000
median sales price · YTD
median sales price · YTD
$897,500
$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 March 2018.
856 ADOBE CREEK ROAD 3 Bedrooms | 2 Bathrooms | Offered at $1,675,000 villagesite.com/property/details/17-3893/856-adobe-creek-rd-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 March 2018.
2701 PEPPER TREE RANCH ROAD 2 Bedrooms | 2 Bathrooms | Offered at $1,295,000 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 March 2018. villagesite.com/property/details/18-830/2701-pepper-tree-ranch-rd-santa-ynez
SANTA YNEZ
SINGLE FAMILY RESIDENCES total sales · YTD
20 average sales price · YTD
$1,447,675 median sales price · YTD
$859,000
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 March 2018.
3060 CALLE BONITA 4 Bedrooms | 6 Bathrooms | Offered at $3,995,000 All information provided is deemed reliable, but has not been verified & we do not guarantee it. villagesite.com/property/details/18-1175/3060-calle-bonita-santa-ynez We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT March 2018.
WRAPPING UP santa ynez valley
Are you ready to take advantage of this market? The Santa Ynez Valley real estate market has opportunities for both buyers and sellers. 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