Santa Barbara Area Market Report SANTA BARBARA AREA REAL ESTATE THROUGH JUNE 2022
featured property 3165 PADARO LANE
DRE #01206734
$20 BILLIO
ON
Major Milestone in our history $20 BILLION IN CLOSED SALES SINCE 1996
Village Properties is proud to announce that we have crossed the $20 billion mark in closed sales since we founded the business back in 1996, signaling a major milestone in our company’s history. We are so thankful to all of our clients who have given us the opportunity to represent them and demonstrate the added value we provide. We could not be more proud of our Agents, Brokers, and team members for their uncompromising standards in service and dedication to the local community.
Number of Sales by Quarter over the past 5 years SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS
Median Price by Quarter over the past 5 years SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS
3165 PADARO LANE • click to view Exclusive Member of
Review in Numbers SOUTH SANTA BARBARA COUNTY JUNE 2022 YTD
TOTAL SALES
832 (-28% over 2021)
SINGLE FAMILY RESIDENCE SALES
570 (-30% over 2021)
CONDOMINIUM SALES
253 (-24% over 2021)
Single Family SOUTH SANTA BARBARA COUNTY JUNE 2022 YTD
AVERAGE SALES PRICE • YTD
$3,488,234 +12% change from 2021
MEDIAN SALES PRICE • YTD
$2,272,000 +18% change from 2021
3165 PADARO LA
ANE • click to view
Condominium SOUTH SANTA BARBARA COUNTY JUNE 2022 YTD
AVERAGE SALES PRICE • YTD
$1,193,513 +15% change from 2021
MEDIAN SALES PRICE • YTD
$931,777 +13% change from 2021
Number of Sales over the past 5 years SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS
Median Price over the past 5 years SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS
Carpinteria
3599 PADARO LANE • click to view
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Median Price over the past 5 years
JUNE 2022 TOTAL SALES
AVERAGE SALES PRICE
12 $2,244,000
$1,287,500 +83% change from 2021
TOTAL SALES · YEAR TO DATE
TOTAL SALES · YEAR TO DATE
38
39
AVERAGE SALES PRICE · YTD
$2,510,723 MEDIAN SALES PRICE · YTD
$1,607,500
CONDOMINIUMS • YTD
SINGLE FAMILY RESIDENCES • YTD
+124% change from 2021
MEDIAN SALES PRICE
AVERAGE SALES PRICE · YTD
$845,936 MEDIAN SALES PRICE · YTD
$815,500
Summerland
2340 VARLEY STREET • click to view
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Median Price over the past 5 years
JUNE 2022 TOTAL SALES
AVERAGE SALES PRICE
MEDIAN SALES PRICE
1 $10,200,000 $10,200,000 +316% change from 2021
TOTAL SALES · YEAR TO DATE
TOTAL SALES · YEAR TO DATE
8
3
AVERAGE SALES PRICE · YTD
$3,424,375 MEDIAN SALES PRICE · YTD
$2,475,000
CONDOMINIUMS • YTD
SINGLE FAMILY RESIDENCES • YTD
+350% change from 2021
AVERAGE SALES PRICE · YTD
$1,306,667 MEDIAN SALES PRICE · YTD
$1,075,000
Montecito
560 TORO CANYON PARK • click to view
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Median Price over the past 5 years
JUNE 2022 TOTAL SALES
AVERAGE SALES PRICE
23 $4,947,837
$4,485,200 +30% change from 2021
TOTAL SALES · YEAR TO DATE
TOTAL SALES · YEAR TO DATE
116
22
AVERAGE SALES PRICE · YTD
$7,170,519 MEDIAN SALES PRICE · YTD
$5,362,500
CONDOMINIUMS • YTD
SINGLE FAMILY RESIDENCES • YTD
+12% change from 2021
MEDIAN SALES PRICE
AVERAGE SALES PRICE · YTD
$2,773,500 MEDIAN SALES PRICE · YTD
$2,875,000
Santa Barbara
3047 PASEO TRANQUILLO • click to view
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Median Price over the past 5 years
JUNE 2022 TOTAL SALES
AVERAGE SALES PRICE
63 $2,108,803
$1,775,000 +15% change from 2021
TOTAL SALES · YEAR TO DATE
TOTAL SALES · YEAR TO DATE
242
101
AVERAGE SALES PRICE · YTD
$2,630,211 MEDIAN SALES PRICE · YTD
$2,200,000
CONDOMINIUMS • YTD
SINGLE FAMILY RESIDENCES • YTD
+19% change from 2021
MEDIAN SALES PRICE
AVERAGE SALES PRICE · YTD
$1,210,094 MEDIAN SALES PRICE · YTD
$950,000
Hope Ranch
801 VIA TRANQUILA • click to view
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Median Price over the past 5 years
JUNE 2022 TOTAL SALES
AVERAGE SALES PRICE
5 $9,050,200
$7,800,000 +24% change from 2021
TOTAL SALES · YEAR TO DATE
TOTAL SALES · YEAR TO DATE
20
n/a
AVERAGE SALES PRICE · YTD
$7,726,073 MEDIAN SALES PRICE · YTD
$5,937,500
CONDOMINIUMS • YTD
SINGLE FAMILY RESIDENCES • YTD
+42% change from 2021
MEDIAN SALES PRICE
AVERAGE SALES PRICE · YTD
n/a MEDIAN SALES PRICE · YTD
n/a
Goleta
6588 PIPELINE PLACE • click to view
Exclusive Member of
Median Price over the past 5 years
JUNE 2022 TOTAL SALES
AVERAGE SALES PRICE
43 $1,578,930
$1,400,000 +14% change from 2021
TOTAL SALES · YEAR TO DATE
TOTAL SALES · YEAR TO DATE
155
88
AVERAGE SALES PRICE · YTD
$1,768,208 MEDIAN SALES PRICE · YTD
$1,600,000
CONDOMINIUMS • YTD
SINGLE FAMILY RESIDENCES • YTD
+19% change from 2021
MEDIAN SALES PRICE
AVERAGE SALES PRICE · YTD
$939,668 MEDIAN SALES PRICE · YTD
$875,000
2111 RANDOM OAKS ROAD • click to view Exclusive Member of
Santa Ynez Valley Review in Numbers SANTA YNEZ VALLEY JUNE 2022 YTD
TOTAL SALES
129 SINGLE FAMILY RESIDENCE SALES
115 CONDOMINIUM SALES
14
Single Family SANTA YNEZ VALLEY JUNE 2022 YTD
AVERAGE SALES PRICE • YTD
$2,148,395 +38% change from 2021
MEDIAN SALES PRICE • YTD
$1,550,000 +29% change from 2021
2111 RANDOM OAKS
S ROAD • click to view
Condominium SANTA YNEZ VALLEY JUNE 2022 YTD
AVERAGE SALES PRICE • YTD
$650,571 +14% change from 2021
MEDIAN SALES PRICE • YTD
$638,000 +4% change from 2021
Buellton, Solvang & Ballard
1253 PISTACHE AVENUE • click to view
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TOTAL SALES · YEAR TO DATE
TOTAL SALES · YEAR TO DATE
26
9
AVERAGE SALES PRICE · YTD
$1,269,423 MEDIAN SALES PRICE · YTD
$932,500
CONDOMINIUMS • YTD
SINGLE FAMILY RESIDENCES • YTD
Buellton
AVERAGE SALES PRICE · YTD
$717,556 MEDIAN SALES PRICE · YTD
$779,000
TOTAL SALES · YEAR TO DATE
TOTAL SALES · YEAR TO DATE
45
5
AVERAGE SALES PRICE · YTD
$1,660,932 MEDIAN SALES PRICE · YTD
$1,650,000
CONDOMINIUMS • YTD
SINGLE FAMILY RESIDENCES • YTD
Solvang and Ballard
AVERAGE SALES PRICE · YTD
$530,000 MEDIAN SALES PRICE · YTD
$535,000
Los Olivos & Santa Ynez
1895 VIEW DRIVE • click to view
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Los Olivos TOTAL SALES · YEAR TO DATE
SINGLE FAMILY RESIDENCES • YTD
10
Santa Ynez TOTAL SALES · YEAR TO DATE
SINGLE FAMILY RESIDENCES • YTD
34 AVERAGE SALES PRICE · YTD
$3,420,390 MEDIAN SALES PRICE · YTD
$2,385,125
AVERAGE SALES PRICE · YTD
$2,302,522 MEDIAN SALES PRICE · YTD
$1,797,500
5300 ORCHARD PARK LANE, SANTA BARBARA • click to view Exclusive Member of
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. Data Source: Fidelity National Title & Chicago Title: INdata Market Reporting
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 Source: Fidelity National Title & Chicago Title: INdata Market Reporting through June 2022.
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