Santa Barbara Area Market Report
SANTA BARBARA AREA REAL ESTATE THROUGH OCTOBER 2022
featured property 1530 WILLINA LANE DRE #01206734
$2 Million in 20 years!
TEACHER’S FUND HITS A HUGE MILESTONE
Thank you to all who supported this year’s School Supplies Drive and who have been supporting the Teacher’s Fund since our founding 20 years ago. With your help the Teach er’s Fund has raised over $2 Million for our local schools in it’s lifetime!
For futher information on the Teacher’s Fund, please visit: TEACHERSFUND.ORG
Exclusive Member of 1530 WILLINA LANE • click to view
Review in Numbers
SOUTH SANTA BARBARA COUNTY OCTOBER 2022 YTD
TOTAL SALES 1,282 (-33% over 2021) SINGLE FAMILY RESIDENCE SALES 900 (-33% over 2021) CONDOMINIUM SALES 382 (-33% over 2021)
S ingle Family SOUTH SANTA BARBARA COUNTY OCTOBER 2022 YTD AVERAGE SALES PRICE • YTD $3,338,469 +10% change from 2021 MEDIAN SALES PRICE • YTD $2,165,000 +15% change from 2021 1530 WILLINA LANE
C ondominium SOUTH SANTA BARBARA COUNTY OCTOBER 2022 YTD AVERAGE SALES PRICE • YTD $1,192,992 +15% change from 2021 MEDIAN SALES PRICE • YTD $955,500 +14% change from 2021 LANE • click to view
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
Exclusive Member of
1116 LINDEN AVE • click to view
Median Price over the past 5 years TOTAL SALES · YEAR TO DATE 60 AVERAGE SALES PRICE · YTD $3,405,971 MEDIAN SALES PRICE · YTD $1,658,388 TOTAL SALES · YEAR TO DATE 59 AVERAGE SALES PRICE · YTD $867,457 MEDIAN SALES PRICE · YTD $815,000 SINGLE FAMILY RESIDENCES • YTD CONDOMINIUMS • YTD TOTAL SALES 8 AVERAGE SALES PRICE $5,483,375 +139% change from 2021 MEDIAN SALES PRICE $1,107,250 -30% change from 2021 OCTOBER 2022
Summerland
Exclusive Member of
VARLEY STREET • click to view
2540
Median Price over the past 5 years TOTAL SALES · YEAR TO DATE 13 AVERAGE SALES PRICE · YTD $2,755,385 MEDIAN SALES PRICE · YTD $2,050,000 TOTAL SALES · YEAR TO DATE 3 AVERAGE SALES PRICE · YTD $1,306,667 MEDIAN SALES PRICE · YTD $1,075,000 SINGLE FAMILY RESIDENCES • YTD CONDOMINIUMS • YTD TOTAL SALES 1 AVERAGE SALES PRICE $1,515,000 -81% change from 2021 MEDIAN SALES PRICE $1,515,000 -49% change from 2021 OCTOBER 2022
Montecito
Exclusive Member of
303 MEADOWBROOK DRIVE • click to view
Median Price over the past 5 years TOTAL SALES · YEAR TO DATE 160 AVERAGE SALES PRICE · YTD $7,138,247 MEDIAN SALES PRICE · YTD $5,625,000 TOTAL SALES · YEAR TO DATE 29 AVERAGE SALES PRICE · YTD $2,821,621 MEDIAN SALES PRICE · YTD $2,875,000 SINGLE FAMILY RESIDENCES • YTD CONDOMINIUMS • YTD TOTAL SALES 8 AVERAGE SALES PRICE $4,732,978 -6% change from 2021 MEDIAN SALES PRICE $3,874,410 -12% change from 2021 OCTOBER 2022
Santa Barbara
Exclusive Member of
• click to view
315 STANLEY DRIVE
Median Price over the past 5 years TOTAL SALES · YEAR TO DATE 406 AVERAGE SALES PRICE · YTD $2,465,530 MEDIAN SALES PRICE · YTD $2,152,500 TOTAL SALES · YEAR TO DATE 160 AVERAGE SALES PRICE · YTD $1,241,960 MEDIAN SALES PRICE · YTD $1,022,500 SINGLE FAMILY RESIDENCES • YTD CONDOMINIUMS • YTD TOTAL SALES 55 AVERAGE SALES PRICE $2,137,720 +9% change from 2021 MEDIAN SALES PRICE $1,810,000 +13% change from 2021 OCTOBER 2022
Hope Ranch
Exclusive Member of
985 LAS PALMAS DRIVE • recently sold
Median Price over the past 5 years TOTAL SALES · YEAR TO DATE 28 AVERAGE SALES PRICE · YTD $7,964,873 MEDIAN SALES PRICE · YTD $5,412,500 TOTAL SALES · YEAR TO DATE n/a 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 2021 MEDIAN SALES PRICE n/a n/a change from 2021 OCTOBER 2022
Goleta
Exclusive Member of
373 NORTHGATE DRIVE A • click to view
Median Price over the past 5 years TOTAL SALES · YEAR TO DATE 233 AVERAGE SALES PRICE · YTD $1,709,454 MEDIAN SALES PRICE · YTD $1,586,000 TOTAL SALES · YEAR TO DATE 131 AVERAGE SALES PRICE · YTD $916,659 MEDIAN SALES PRICE · YTD $840,000 SINGLE FAMILY RESIDENCES • YTD CONDOMINIUMS • YTD TOTAL SALES 26 AVERAGE SALES PRICE $1,348,663 +8% change from 2021 MEDIAN SALES PRICE $1,251,350 +16% change from 2021 OCTOBER 2022
Exclusive Member of 2111 RANDOM OAKS ROAD • click to view
TOTAL SALES 190 SINGLE FAMILY RESIDENCE SALES 169 CONDOMINIUM SALES 21
YNEZ
2022 YTD
Santa Ynez Valley Review in Numbers SANTA
VALLEY OCTOBER
S ingle Family SANTA YNEZ VALLEY OCTOBER 2022 YTD AVERAGE SALES PRICE • YTD $1,996,657 +28% change from 2021 MEDIAN SALES PRICE • YTD $1,500,000 +21% change from 2021 2111 RANDOM OAKS
C ondominium SANTA YNEZ VALLEY OCTOBER 2022 YTD AVERAGE SALES PRICE • YTD $658,186 +18% change from 2021 MEDIAN SALES PRICE • YTD $650,000 +10% change from 2021 OAKS ROAD • click to view
Exclusive Member of
3125 BOWL PLACE • click to view
Buellton, Solvang & Ballard
TOTAL SALES · YEAR TO DATE 69 AVERAGE SALES PRICE · YTD $1,679,506 MEDIAN SALES PRICE · YTD $1,650,000 TOTAL SALES · YEAR TO DATE 37 AVERAGE SALES PRICE · YTD $1,137,446 MEDIAN SALES PRICE · YTD $919,000 TOTAL SALES · YEAR TO DATE 9 AVERAGE SALES PRICE · YTD $581,000 MEDIAN SALES PRICE · YTD $535,000 TOTAL SALES · YEAR TO DATE 12 AVERAGE SALES PRICE · YTD $716,075 MEDIAN SALES PRICE · YTD $752,500 SINGLE FAMILY RESIDENCES • YTD SINGLE FAMILY RESIDENCES • YTD CONDOMINIUMS • YTD CONDOMINIUMS • YTD Buellton Solvang and Ballard
Los Olivos & Santa Ynez
Exclusive Member of
4300 ROBLAR AVENUE • click to view
TOTAL SALES · YEAR TO DATE 47 AVERAGE SALES PRICE · YTD $3,144,644 MEDIAN SALES PRICE · YTD $2,350,000 TOTAL SALES · YEAR TO DATE 16 AVERAGE SALES PRICE · YTD $1,979,089 MEDIAN SALES PRICE · YTD $1,605,000 SINGLE FAMILY RESIDENCES • YTD SINGLE FAMILY RESIDENCES • YTD Los Olivos Santa Ynez
Exclusive Member of 4599 CAMINO
• click to view
DEL MIRASOL, SANTA BARBARA
Global Connections
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 re lationships 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 guaran tee it. We recommend that buyers make their own inquiries. DRE #01206734. Data Source: Fidelity National Title & Chicago Title: INdata Market Reporting through September 2022.
“Our global partners ensure your home is seen by in terested buyers across the world.”
Exclusive Member of