Santa Barbara Area Market Report
SANTA BARBARA AREA REAL ESTATE THROUGH OCTOBER 2024
featured property 1682 E VALLEY ROAD
Review in Numbers
SOUTH SANTA BARBARA COUNTY OCTOBER 2024 YTD
TOTAL SALES
1,045 (+10% over 2023)
SINGLE FAMILY RESIDENCE SALES
753 (+13% over 2023)
CONDOMINIUM SALES
292 (+4% over 2023)
S ingle Family
SOUTH SANTA BARBARA COUNTY
OCTOBER 2024 YTD
AVERAGE SALES PRICE • YTD
$3,551,718
+9% change from 2023
MEDIAN SALES PRICE • YTD
$2,209,000
+5% change from 2023
SOUTH SANTA BARBARA COUNTY OCTOBER 2024 YTD
AVERAGE SALES PRICE • YTD
$1,263,693 +2% change from 2023
MEDIAN SALES PRICE • YTD
$998,500 +5% change from 2023
Number of Sales v Median Price over the past 5 years
SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS
OCTOBER 2024
13 AVERAGE SALES PRICE
$1,820,731 +2% change from 2023
TOTAL SALES · YEAR TO DATE
39 AVERAGE SALES PRICE · YTD
$1,695,000 +9% change from 2023
$7,124,787 MEDIAN SALES PRICE · YTD $2,000,000 TOTAL SALES · YEAR TO DATE
57 AVERAGE SALES PRICE · YTD
$1,006,940
SALES PRICE · YTD $830,000
OCTOBER 2024
3
11
$4,280,333 +138% change from 2023
$4,291,000 +138% change from 2023
$3,237,182
OCTOBER 2024
12
$5,755,364 -21% change from 2023
$5,477,683 -14% change from 2023
$3,558,125
Santa Barbara
OCTOBER 2024
44
360
$1,999,000 +11% change from 2023
SALES · YEAR TO DATE
105
$1,271,352
Hope Ranch
OCTOBER 2024
2
$4,947,500 -24% change from 2023
$4,947,500 -24% change from 2023
$6,316,867
SALES PRICE · YTD $6,116,500
OCTOBER 2024
TOTAL SALES
39 AVERAGE SALES PRICE
$1,803,077 0% change from 2023
TOTAL SALES · YEAR TO DATE
207 AVERAGE SALES PRICE · YTD
$1,525,000 +11% change from 2023
114 AVERAGE SALES PRICE · YTD
$1,062,989
$1,845,523 MEDIAN SALES PRICE · YTD $1,620,000 TOTAL SALES · YEAR TO DATE
SALES PRICE · YTD $993,125
Santa Ynez Valley Review in Numbers
SANTA YNEZ VALLEY
OCTOBER 2024 YTD
TOTAL SALES
125
SINGLE FAMILY RESIDENCE SALES
101
(-13% over 2023)
CONDOMINIUM SALES
24 (+20% over 2023)
S ingle Family
SANTA YNEZ VALLEY
OCTOBER 2024 YTD
AVERAGE SALES PRICE • YTD
$2,054,285 -1% change from 2023
MEDIAN SALES PRICE • YTD
$1,550,000
+5% change from 2023
SANTA YNEZ VALLEY OCTOBER 2024 YTD
AVERAGE SALES PRICE • YTD
$733,395 +20% change from 2023
MEDIAN SALES PRICE • YTD
$650,000 -5% change from 2023
7
16
Los Olivos & Santa Ynez
Santa Ynez
TOTAL SALES · YEAR TO DATE
29
YTD
AVERAGE SALES PRICE · YTD
$3,090,028
MEDIAN SALES PRICE · YTD
$1,865,300
SINGLE
TOTAL SALES · YEAR TO DATE
8
AVERAGE SALES PRICE · YTD $2,145,187
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.