Santa Barbara Area Market Report
SANTA BARBARA AREA REAL ESTATE THROUGH FEBRUARY 2024
featured property 1104 CHANNEL DRIVE DRE #01206734
Exclusive Member of
•
1104 CHANNEL DRIVE
click to view
Review in Numbers
SOUTH SANTA BARBARA COUNTY FEBRUARY 2024 YTD
TOTAL SALES
174 (+23% over 2023)
SINGLE FAMILY RESIDENCE SALES
116 (+15% over 2023)
CONDOMINIUM SALES
58 (+41% over 2023)
S ingle Family
SOUTH SANTA BARBARA COUNTY
FEBRUARY 2024 YTD
AVERAGE SALES PRICE • YTD
$3,704,584 +16% change from 2023
MEDIAN SALES PRICE • YTD $2,300,000 +18% change from 2023
1104 CHANNEL DRIVE
SOUTH SANTA BARBARA COUNTY
FEBRUARY 2024 YTD
AVERAGE SALES PRICE • YTD
$990,621 -8% change from 2023
MEDIAN SALES PRICE • YTD
$902,500 -2% change from 2023
ondominium
C
DRIVE • click to view
Number of Sales v Median Price over the past 5 years
SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS
Exclusive Member of
1104 CHANNEL DRIVE • click to view
Exclusive Member of Carpinteria
3599 PADARO LANE • click to view
TOTAL
TOTAL
2
TOTAL
Median Price v Sales over the
past 5 years
·
SALES
YEAR TO DATE
AVERAGE SALES PRICE · YTD $2,447,500
SALES PRICE · YTD $2,447,500
MEDIAN
15 AVERAGE SALES PRICE · YTD $816,633
SALES
·
$800,000 SINGLE FAMILY RESIDENCES • YTD CONDOMINIUMS • YTD
SALES · YEAR TO DATE
MEDIAN
PRICE
YTD
SALES 11 AVERAGE SALES PRICE $867,727 -60% change
SALES PRICE $825,000 -28%
FEBRUARY 2024
from 2023 MEDIAN
change from 2023
Exclusive Member of Summerland
LILLIE AVENUE • recently sold
2574
Median Price v Sales over the past 5 years
SALES · YEAR TO DATE 1 AVERAGE SALES PRICE · YTD $3,700,000 MEDIAN SALES PRICE · YTD $3,700,000
SALES · YEAR TO DATE 0 AVERAGE SALES PRICE · YTD n/a MEDIAN SALES PRICE · YTD n/a SINGLE FAMILY RESIDENCES • YTD CONDOMINIUMS • YTD TOTAL SALES 0 AVERAGE SALES PRICE n/a n/a change from 2023 MEDIAN SALES PRICE n/a n/a change from 2023 FEBRUARY 2024
TOTAL
TOTAL
Exclusive Member of Montecito
2815 E VALLEY ROAD • click to view
Median Price v Sales over the past 5 years
FEBRUARY 2024
TOTAL
MEDIAN SALES PRICE $5,950,000
change from 2023
TOTAL SALES · YEAR TO DATE 28 AVERAGE SALES PRICE · YTD $7,176,946
MEDIAN SALES PRICE · YTD $4,957,500
TOTAL SALES · YEAR TO DATE 0 AVERAGE SALES PRICE · YTD n/a MEDIAN SALES PRICE · YTD
SINGLE FAMILY RESIDENCES •
CONDOMINIUMS •
n/a
YTD
YTD
SALES 13 AVERAGE SALES PRICE $11,424,192 +19% change from 2023
+11%
Exclusive Member of
& 823 EAST PEDREGOSA STREET • click to view
Santa Barbara 821
Median Price v Sales over the past 5 years
FEBRUARY 2024
TOTAL SALES 41 AVERAGE SALES PRICE $1,961,387 +1% change from 2023
TOTAL SALES · YEAR TO DATE
57 AVERAGE SALES PRICE · YTD
$2,894,305
MEDIAN SALES PRICE · YTD $2,150,000
MEDIAN SALES PRICE $1,657,525 -3% change from 2023
TOTAL SALES · YEAR TO DATE 25 AVERAGE SALES PRICE · YTD $1,152,041
MEDIAN SALES PRICE · YTD $1,010,000
FAMILY RESIDENCES •
SINGLE
YTD CONDOMINIUMS • YTD
Exclusive Member of Hope Ranch 929 CANON ROAD • click to view
Median Price v Sales over the past 5 years
FEBRUARY 2024
TOTAL SALES 0
AVERAGE SALES PRICE
n/a change from 2023
TOTAL SALES · YEAR TO DATE
2 AVERAGE SALES PRICE · YTD
$5,935,350
MEDIAN SALES PRICE · YTD
$5,935,350
MEDIAN SALES PRICE
n/a change from 2023
TOTAL SALES · YEAR TO DATE n/a AVERAGE SALES PRICE · YTD
MEDIAN SALES PRICE · YTD
n/a
RESIDENCES
n/a SINGLE FAMILY
• YTD CONDOMINIUMS • YTD
n/a
n/a
Exclusive Member of Goleta 172 ORANGE AVENUE • click to view
Median Price v Sales over the past 5 years
FEBRUARY 2024
TOTAL SALES 24
AVERAGE SALES PRICE
$1,466,798 +13% change from 2023
TOTAL SALES · YEAR TO DATE
26
AVERAGE SALES PRICE · YTD
$1,666,775
MEDIAN SALES PRICE $1,358,000 +7% change from 2023
TOTAL SALES · YEAR TO DATE 18 AVERAGE SALES PRICE · YTD $911,417
MEDIAN SALES PRICE · YTD $878,000 SINGLE
MEDIAN SALES PRICE · YTD $2,270,000
FAMILY RESIDENCES •
YTD CONDOMINIUMS • YTD
Exclusive Member of
1270 POPPY VALLEY ROAD • click to view
Santa Ynez Valley Review in Numbers
SANTA YNEZ VALLEY
FEBRUARY 2024 YTD
TOTAL SALES
27
SINGLE FAMILY RESIDENCE SALES
19 (+26.7% over 2023)
CONDOMINIUM SALES
8 (+400% over 2023)
S ingle Family
SANTA YNEZ VALLEY
FEBRUARY 2024 YTD
AVERAGE SALES PRICE • YTD
$2,472,947 +5% change from 2023
MEDIAN SALES PRICE • YTD $1,550,000 +1.4% change from 2023
1270 POPPY VALLEY
C ondominium
SANTA YNEZ VALLEY
FEBRUARY 2024 YTD
AVERAGE SALES PRICE • YTD
$623,195 +11.4% change from 2023
MEDIAN SALES PRICE • YTD
$682,500 +22% change from 2023
VALLEY ROAD • click to view
Exclusive Member of Buellton, Solvang & Ballard 1540 LAUREL AVENUE • click to view
SINGLE FAMILY RESIDENCES
TOTAL SALES · YEAR TO DATE
4 AVERAGE SALES PRICE · YTD $1,330,250
MEDIAN SALES PRICE · YTD $1,064,500
Solvang
and Ballard
• YTD
SINGLE FAMILY RESIDENCES
TOTAL SALES · YEAR TO DATE
7 AVERAGE SALES PRICE · YTD
$1,813,571
CONDOMINIUMS • YTD
• YTD CONDOMINIUMS • YTD
MEDIAN SALES PRICE · YTD $1,550,000
Buellton
TOTAL SALES · YEAR TO DATE
3 AVERAGE SALES PRICE · YTD $775,000
MEDIAN SALES PRICE · YTD $830,000
TOTAL SALES · YEAR TO DATE
5 AVERAGE SALES PRICE · YTD $644,000
MEDIAN SALES PRICE · YTD $555,000
Exclusive Member of
Los Olivos & Santa Ynez
3595 WEST OAK TRAIL ROAD • click to view
Santa Ynez
SINGLE FAMILY RESIDENCES • YTD
TOTAL SALES · YEAR TO DATE
6 AVERAGE SALES PRICE · YTD $4,185,000
MEDIAN SALES PRICE · YTD $1,855,000
SINGLE FAMILY RESIDENCES • YTD
TOTAL SALES · YEAR TO DATE
2 AVERAGE SALES PRICE · YTD $1,930,000
MEDIAN SALES PRICE · YTD $1,930,000
Los Olivos
Exclusive Member of
• click to
847 DEERPATH ROAD, MONTECITO
view
“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.
Data Source: Fidelity National Title & Chicago Title: INdata Market Reporting MONTECITO 1250 Coast Village Road, Montecito, CA 93108 | 805.969.8900 SANTA BARBARA 1436 State Street, Santa Barbara, CA 93101 | 805.681.8800 SANTA YNEZ 3615 Sagunto Street, Santa Ynez, CA 93460 | 805.688.1620 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 Source: Fidelity National Title & Chicago Title: INdata Market Reporting through February 2024. Global Connections Exclusive Member of