Santa Barbara Area Market Report
SANTA BARBARA AREA REAL ESTATE THROUGH MAY 2024
Review in Numbers
SOUTH SANTA BARBARA COUNTY MAY 2024 YTD
TOTAL SALES
504 (+14% over 2023)
SINGLE FAMILY RESIDENCE SALES
365 (+19% over 2023)
CONDOMINIUM SALES
139 (+4% over 2023)
S ingle Family
SOUTH SANTA BARBARA COUNTY
MAY 2024 YTD
AVERAGE SALES PRICE • YTD
$3,455,415
+6% change from 2023
MEDIAN SALES PRICE • YTD
$2,265,000
+8% change from 2023
SOUTH SANTA BARBARA COUNTY MAY 2024 YTD
AVERAGE SALES PRICE • YTD
$1,093,981 -8% change from 2023
MEDIAN SALES PRICE • YTD
$925,000 -1% change from 2023
Number of Sales v Median Price over the past 5 years
SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS
$1,450,000 +62% change from 2023 MAY 2024
$3,744,667 +213% change from 2023
· YEAR TO DATE
22 AVERAGE SALES PRICE · YTD
$3,603,727
29
SALES PRICE · YTD $1,812,500 TOTAL SALES · YEAR TO DATE
SALES PRICE · YTD
$979,569
SALES PRICE · YTD $825,000
Median Price v Sales over the past 5 years
n/a n/a change from 2023 MAY 2024
n/a n/a change from 2023
TOTAL SALES · YEAR TO DATE
2 AVERAGE SALES PRICE · YTD
$3,200,000 MEDIAN SALES PRICE · YTD $3,200,000 TOTAL SALES · YEAR TO DATE 0
SALES PRICE · YTD n/a
$4,845,000 -3% change from 2023 MAY 2024
$6,658,717 +18% change from 2023
$7,832,181
3
SALES PRICE · YTD $5,057,500 TOTAL SALES · YEAR TO DATE
SALES PRICE · YTD
$3,116,667
Santa Barbara
$2,277,500 +75% change from 2023 MAY 2024
56
$2,505,533 +40% change from 2023
TOTAL SALES · YEAR TO DATE
183 AVERAGE SALES PRICE · YTD
$2,546,651
55
SALES PRICE · YTD
$1,141,191
PRICE · YTD $1,010,000
SALES PRICE · YTD $2,235,000 TOTAL SALES · YEAR TO DATE
Hope Ranch
$6,053,000 n/a change from 2023 MAY 2024
3
$6,216,000 n/a change from 2023
· YEAR TO DATE
8
SALES PRICE · YTD
$6,259,275
SALES PRICE · YTD $6,335,500
SALES · YEAR TO DATE n/a
SALES PRICE · YTD n/a
$1,340,000 0% change from 2023 MAY 2024
38
92
$1,444,801 -2% change from 2023
$1,862,380
SALES PRICE · YTD $1,600,000
SALES · YEAR TO DATE 52
SALES PRICE · YTD
$991,160
Santa Ynez Valley Review in Numbers
SANTA YNEZ VALLEY MAY 2024 YTD
TOTAL SALES
63
SINGLE FAMILY RESIDENCE SALES
49 (-18% over 2023)
CONDOMINIUM SALES
14 (+75% over 2023)
S ingle Family
SANTA YNEZ VALLEY
MAY 2024 YTD
AVERAGE SALES PRICE • YTD
$2,205,715 +11% change from 2023
MEDIAN SALES PRICE • YTD
$1,525,000
+12% change from 2023
SANTA YNEZ VALLEY MAY 2024 YTD
AVERAGE SALES PRICE • YTD
$748,821 +21% change from 2023
MEDIAN SALES PRICE • YTD
$682,500 +9% change from 2023
10 AVERAGE SALES PRICE · YTD
Solvang and Ballard
TOTAL SALES · YEAR TO DATE
19 AVERAGE SALES PRICE · YTD
$1,572,763 MEDIAN SALES PRICE · YTD $1,525,000 TOTAL SALES · YEAR TO DATE
3 AVERAGE SALES PRICE · YTD $775,000 MEDIAN SALES PRICE · YTD $830,000
$1,373,100 MEDIAN SALES PRICE · YTD $1,147,500 TOTAL SALES · YEAR TO DATE
11 AVERAGE SALES PRICE · YTD
$744,821 MEDIAN SALES PRICE · YTD $682,500 TOTAL SALES · YEAR TO DATE
Los Olivos & Santa Ynez
Santa Ynez
TOTAL SALES · YEAR TO DATE
16
YTD
AVERAGE SALES PRICE · YTD
$3,496,033
MEDIAN SALES PRICE · YTD
$1,855,000
SINGLE
TOTAL SALES · YEAR TO DATE
4 AVERAGE SALES PRICE · YTD $2,132,500
MEDIAN SALES PRICE · YTD $2,187,000
Global Connections
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