Santa Barbara Area Market Report
SANTA BARBARA AREA REAL ESTATE THROUGH AUGUST 2024
featured property
890 PARK LANE
Review in Numbers
SOUTH SANTA BARBARA COUNTY AUGUST 2024 YTD
TOTAL SALES
832 (+9% over 2023)
SINGLE FAMILY RESIDENCE SALES
594 (+12% over 2023)
CONDOMINIUM SALES
238 (+3% over 2023)
S ingle Family
SOUTH SANTA BARBARA COUNTY
AUGUST 2024 YTD
AVERAGE SALES PRICE • YTD
$3,628,300
+15% change from 2023
MEDIAN SALES PRICE • YTD
$2,200,000
+7% change from 2023
SOUTH SANTA BARBARA COUNTY AUGUST 2024 YTD
AVERAGE SALES PRICE • YTD
$1,157,935 -5% change from 2023
MEDIAN SALES PRICE • YTD
$970,750 +2% change from 2023
Number of Sales v Median Price over the past 5 years
SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS
Carpinteria
AUGUST 2024
9
$887,962 -18% change from 2023
27
$8,273,099
SALES PRICE · YTD $1,825,000
$852,000 -7% change from 2023
SALES · YEAR TO DATE 45
SALES PRICE · YTD
$935,502
AUGUST 2024
1
7
$1,465,000 n/a change from 2023
$1,465,000 n/a change from 2023
SALES · YEAR TO DATE 0
$2,670,429
SALES PRICE · YTD $2,700,000
Montecito
AUGUST 2024
15 AVERAGE SALES PRICE
$5,997,558 +20% change from 2023
TOTAL SALES · YEAR TO DATE
100 AVERAGE SALES PRICE · YTD
$5,675,000 +73% change from 2023
$8,136,294 MEDIAN SALES PRICE · YTD $5,612,500 TOTAL SALES · YEAR TO DATE
10 AVERAGE SALES PRICE · YTD
$2,745,500
SALES PRICE · YTD $2,655,000
Santa Barbara
AUGUST 2024
TOTAL SALES
54 AVERAGE SALES PRICE
$2,189,939 -6% change from 2023 MEDIAN SALES PRICE
$1,855,000 0% change from 2023
TOTAL SALES · YEAR TO DATE
286 AVERAGE SALES PRICE · YTD
$2,505,949 MEDIAN SALES PRICE · YTD $2,150,000 TOTAL SALES · YEAR TO DATE
88 AVERAGE SALES PRICE · YTD
$1,251,215
SALES PRICE · YTD $1,050,000
AUGUST 2024
3
14
$6,134,183 +24% change from 2023
· YEAR TO DATE
$6,512,471
SALES PRICE · YTD $6,116,500
$6,180,000 +25% change from 2023
SALES · YEAR TO DATE n/a
AUGUST 2024
33 AVERAGE SALES PRICE
$1,478,799 +1% change from 2023
TOTAL SALES · YEAR TO DATE
160 AVERAGE SALES PRICE · YTD
$1,345,000 +10% change from 2023
95 AVERAGE SALES PRICE · YTD
$1,009,779
$1,822,736 MEDIAN SALES PRICE · YTD $1,600,000 TOTAL SALES · YEAR TO DATE
SALES PRICE · YTD $900,000
Santa Ynez Valley Review in Numbers
SANTA YNEZ VALLEY
AUGUST 2024 YTD
TOTAL SALES
109
SINGLE FAMILY RESIDENCE SALES
88
(-6.4% over 2023)
CONDOMINIUM SALES
21
(+32% over 2023)
S ingle Family
SANTA YNEZ VALLEY
AUGUST 2024 YTD
AVERAGE SALES PRICE • YTD
$2,130,170
+3% change from 2023
MEDIAN SALES PRICE • YTD
$1,591,250
+12% change from 2023
SANTA YNEZ VALLEY AUGUST 2024 YTD
AVERAGE SALES PRICE • YTD
$744,881 +26% change from 2023
MEDIAN SALES PRICE • YTD
$650,000 +14% change from 2023
Buellton, Solvang & Ballard
TOTAL SALES · YEAR TO DATE
37 AVERAGE SALES PRICE · YTD $1,821,395 MEDIAN SALES PRICE · YTD $1,600,000 TOTAL SALES · YEAR TO DATE
· YEAR TO DATE
6 AVERAGE SALES PRICE · YTD $722,167 MEDIAN SALES PRICE · YTD $732,500
16 AVERAGE SALES PRICE · YTD $1,271,938 MEDIAN SALES PRICE · YTD $1,132,500 TOTAL SALES · YEAR TO DATE
15
SALES PRICE · YTD
$738,567 MEDIAN SALES PRICE · YTD $644,500
Los Olivos & Santa Ynez
Santa Ynez
TOTAL SALES · YEAR TO DATE
27
YTD
AVERAGE SALES PRICE · YTD
$3,057,438
MEDIAN SALES PRICE · YTD
$1,865,300
SINGLE
TOTAL SALES · YEAR TO DATE
8
AVERAGE SALES PRICE · YTD $2,145,188
MEDIAN SALES PRICE · YTD $1,940,750
Global Connections
“Our global partners ensure your home is seen by interested buyers across the world.”
RENEÉ GRUBB Founder & CEO
We are fortunate to be in a place that people all over the world desire to be. We cultivate strategic global relationships that ultimately benefit you by putting your home in front of those people.