MARKET REPORT santa barbara real estate · through may 2020
900 KNOLLWOOD DRIVE
Lic #01206734
900 KNOLLWOOD DRIVE 6 Bedrooms | 7 FullAllBathrooms | deemed 5 Half Bathrooms | Offered $16,250,000 information provided is reliable, but has not been verified & we do not at guarantee it. We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through Mayl 2020. View the property >
REVIEW IN NUMBERS may 2020 ytd · south santa barbara county
TOTAL SALES
564
(-27% change from 2019)
SINGLE FAMILY RESIDENCE SALES
413
(-19% change from 2019)
CONDOMINIUM SALES
151
(-42% change from 2019)
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 May 2020.
Dear Friends and Clients, As we begin Summer of 2020, like so many other businesses in our community, the Real Estate market continues to evolve daily. At the time of this report, Village Properties has conducted 11 weekly company meetings via Zoom. We miss our regular in-person meetings at Chase Palm Park, but are happy we have the technology to communicate and stay current with everything that is happening in the Real Estate market and within our communities. We are excited to announce that on Monday, June 1st, Village Properties officially re-opened our offices, with all the California government, OSHA and County safety requirements in place. It feels so good to be open, even if it is only to perform essential activities that cannot be performed digitally or virtually. In the past few weeks our market has become very active. Some of this is due to listings and sales that were either withdrawn from the market or fell out of escrow due to COVID 19, and have now been re-listed. We are grateful for the activity, especially for our buyers and sellers who need to buy and sell. One of our local escrow companies reported that many of the buyers are from out of town, coming to our communities from more densely populated areas.
We look forward to some upcoming events planned by Village Properties later in the year. We continue to support our local teachers through our Teacher’s Fund. In October, we will be having another fund-raising event, to raise much needed funds for our local teachers to purchase basic supplies for their classrooms. The event may need to be virtual this year and we will be sure to keep you posted. As always, we will be supporting the American Heart Association at the Heart Walk in September. We welcome you to join our team or to donate to the Heart Walk. Click Here to Join! Once again, we say thank you for your loyalty towards all of our hard working agents at Village Properties. We are most appreciative of your support throughout these more challenging past months, and wish you good health and a fun Summer. 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 May 2020.
5143 CATHEDRAL OAKS ROAD 5 Bedrooms | 3.5 Bathrooms | Offered at $2,195,000 View the property >
7386 CALLE REAL #11 2 Bedrooms | 1.5 Bathrooms | Offered at $519,000 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 Mayl 2020.
SINGLE FAMILY south santa barbara county · may 2020 ytd
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$1,761,953
$1,250,000
-9% change from 2019
-3% change from 2019
CONDOMINIUM south santa barbara county · may 2020 ytd
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$863,970
$760,000
+10% change from 2019
+8% change from 2019
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 May 2020.
4643 CARPINTERIA AVENUE 2 Bedrooms | 1 Bathroom | Offered at $725,000 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 Mayl 2020. View the property >
CARPINTERIA
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
22
19
average sales price · YTD
average sales price · YTD
$1,603,500
$578,079
median sales price · YTD
median sales price · YTD
$1,048,000
$565,000
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 May 2020.
SUMMERLAND
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
4
1
average sales price · YTD
average sales price · YTD
$1,307,750
$569,000
median sales price · YTD
median sales price · YTD
$1,326,000
$569,000
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 Mayl 2020.
2525 2173 BANNER LILLIE AVENUE 3 Separate Living Spaces 1 - 2- Bed/1 Bedrooms |2verified - 1Bathrooms Bed/1Bath || Offered Offeredatat $2,250,000 $---,000 All information provided| is deemed reliable, butBath has not & been & we do not guarantee it. We recommend that buyers make their own inquiries. villagesite.com/property/details/18-2445/------DRE #01206734. Data taken from CORT through May 2020. View the property >
2020 CREEKSIDE ROAD 4 Bedrooms | 4 Full Bathrooms | 2reliable, HalfbutBathrooms atit. $4,295,000 All information provided is deemed has not been verified & weOffered do not guarantee We recommend that buyers make their own inquiries. DRE #01206734. Data taken from CORT through Mayl 2020. View the property >
MONTECITO
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
76
10
average sales price · YTD
average sales price · YTD
$3,335,105
$1,851,050
median sales price · YTD
median sales price · YTD
$2,831,500
$1,925,000
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 May 2020.
SANTA BARBARA
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
202
68
average sales price · YTD
average sales price · YTD
$1,363,965
$924,184
median sales price · YTD
median sales price · YTD
$1,190,000
$795,000
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 Mayl 2020.
262 CALLE ESPERANZA 3 Bedrooms | 3 Bathrooms | Offered at $959,000 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 May 2020.
4002 CUERVO AVENUE 5 Bedrooms | 3.5 All Bathrooms Offered athas$4,250,000 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 Mayl 2020. View the property >
HOPE RANCH
SINGLE FAMILY RESIDENCES total sales · YTD
9 average sales price · YTD
$4,428,147 median sales price · YTD
$3,900,000
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 May 2020.
GOLETA
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
100
53
average sales price · YTD
average sales price · YTD
$1,183,361
$708,528
median sales price · YTD
median sales price · YTD
$1,007,500
$760,000
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 Mayl 2020.
895 FORTUNA LANE 3 Bedrooms | 2.5 Bathrooms | Offered at $1,675,000 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 May 2020.
972 CAMINO DEL RIO 4 Bedrooms | 3.5 All Bathrooms Offered athas$1,945,000 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 Mayl 2020. 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 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 May 2020.