MARKET REPORT santa barbara real estate · through september 2019
2110 ALISOS DRIVE
Lic #01206734
2110 ALISOS DRIVE 4 Bedrooms | 5 Bathroom | Offered $4,675,000 All information provided is deemedat 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 September 2019. View the property >
REVIEW IN NUMBERS september 2019 ytd · south santa barbara county
TOTAL SALES
1,482
(+8% change from 2018)
SINGLE FAMILY RESIDENCE SALES
987
(+8% change from 2018)
CONDOMINIUM SALES
495
(+9% 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 Sept 2019.
Dear Friends, Fall in Santa Barbara is certainly a beautiful season. Bright, sunny blue skies with warm daytime temperatures cooling down to crisp, clear evenings are the norm in our town during this time of year. The real estate selling season typically slows during the fall, but sellers who are realistic, understand the market and how to price and prepare their homes for sale, will have no trouble selling their homes. We are thankful that the Santa Barbara, Ventura and Santa Ynez Valley real estate markets are still robust. The median home price continues to stay steady with a 2% annual increase over the past 5 years. We are confident that buyers can act with confidence and that the Santa Barbara and Ventura County markets are safe places to invest in. Our Village Properties agents are well-trained to understand the seasonal market nuances and how to ensure that homes are ready to sell in all markets. Our clients know this and we were honored once again to be voted the Best Real Estate Com-
pany in Santa Barbara for the 9th year in a row in the Independent Best Of Santa Barbara Competition. Our sincere thanks goes out to our community for recognizing our excellence and our ongoing commitment to them. We love to give back to our community while having fun. We had our first-ever Back-to-School Supplies Drive benefiting our non-profit, Teacher’s Fund. We were joined by over 200 guests for a grade school inspired Pizza Party and Ice Cream Social at our Santa Barbara office courtyard. Together we were able to raise over $51,000 for our local teachers and we sincerely thank all of our sponsors who helped to make this such a success. Fun Fact: Although 50% of buyers found their home through an Internet search, 90% used a real estate agent to navigate through the transaction (a share that has steadily increased from 69% in 2001). We hope you will dress up and come by our Montecito office at 1250 Coast Village Road on October 31, from 3:00 - 6:00pm for “Ghost” Village Halloween Celebrations. We will have plenty of candy for all. Wishing you a happy, successful October and a very happy Halloween. 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 September 2019.
4533 HOLLISTER AVENUE 4 Bedrooms | 3 Bathrooms | Offered at $1,350,000 View the property >
216 SANTA BARBARA STREET C 2 Bedrooms | 2.5 Bathrooms | Offered at $1,195,000 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 September 2019.
SINGLE FAMILY south santa barbara county · september 2019 ytd
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$1,916,078
$1,250,000
+9% change from 2018
+4% change from 2018
CONDOMINIUM south santa barbara county · september 2019 ytd
AVERAGE SALES PRICE
MEDIAN SALES PRICE
$777,003
$695,000
-2% change from 2018
+2% 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 September 2019.
1347 TRIESTE LANE 4 Bedrooms | 4 Bathrooms | isOffered atbut$1,395,000 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 September 2019. View the property >
CARPINTERIA
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
70
58
average sales price · YTD
average sales price · YTD
$2,675,250
$549,121
median sales price · YTD
median sales price · YTD
$1,050,000
$537,500
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 September 2019.
SUMMERLAND
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
13
3
average sales price · YTD
average sales price · YTD
$1,453,077
$894,667
median sales price · YTD
median sales price · YTD
$1,375,000
$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 September 2019.
25192173 EMERSON LILLIE AVENUE STREET 3 Bedrooms - Bedrooms| |2 Bathrooms - Bathrooms| |Offered Offeredatat$1,175,000 $---,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 September 2019.
618 HOT SPRINGS ROAD 5 Bedrooms | 7.5 All Bathrooms Offered athas$5,495,000 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 September 2019. View the property >
MONTECITO
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
135
20
average sales price · YTD
average sales price · YTD
$4,095,837
$1,775,225
median sales price · YTD
median sales price · YTD
$2,855,500
$1,411,250
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 September 2019.
SANTA BARBARA
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
461
196
average sales price · YTD
average sales price · YTD
$1,445,649
$845,553
median sales price · YTD
median sales price · YTD
$1,240,000
$747,500
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 September 2019.
913 W VICTORIA STREET 2 Bedrooms | 1 Bathroom | Offered at $850,000 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 September 2019.
4161 CRECIENTE DRIVE 4 Bedrooms | 4.5 AllBathrooms | deemed Offered athas$7,850,000 information provided is 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 September 2019. View the property >
HOPE RANCH
SINGLE FAMILY RESIDENCES total sales · YTD
31 average sales price · YTD
$4,634,065 median sales price · YTD
$3,000,000
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 September 2019.
GOLETA
SINGLE FAMILY RESIDENCES
CONDOMINIUM HOMES
total sales · YTD
total sales · YTD
278
218
average sales price · YTD
average sales price · YTD
$1,168,968
$682,800
median sales price · YTD
median sales price · YTD
$995,000
$696,250
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 September 2019.
551 DORSET COURT 3 Bedrooms | 2 Bathrooms | Offered at $869,000 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 September 2019.
43 HUMPHREY ROAD 3 Bedrooms | 3 Bathrooms | isOffered atbut$2,795,000 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 September 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 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 Sept 2019.