Santa Barbara Monthly Real Estate Report Carpinteria - Goleta | March 2022
DRE# 02117608
MARKET NUMBERS IN REVIEW March 2022 YTD | Carpinteria - Goleta
Total Sales
409 (-23% from 2021) Single Family Residences Sales
280 (-27% from 2021) Condominium Sales
129 (-16% from 2021)
Cash Sales YTD 36%
Single Family Residence March 2022
Average Sale Price - YTD
$3,619,949 (+17% from 2021)
Median Sales Price - YTD
$2,218,000 (+17% from 2021)
*Data is from Fidelity National Title & Chicago Title
Carpinteria to Goleta
Santa Barbara
Total Sales - YTD
116 Average Sales Price - YTD
$2,732,528 Median Sales Price -YTD
$2,200,000
Condominiums
Single Family Residence
Year to date 2022 Total Sales -YTD 56 Average Sales Prices $1,202,533 Median Sales Prices $933,500
March 2022 Total Sales
79 Average Sales Price
$2,321,794 +33% change from Mar. 2021
Median Sales Price
$1,850,000
*Data is from Fidelity National Title & Chicago Title
+32% change from Mar. 2021
Montecito
Total Sales 63 Average Sales Price $7,884,338 Median Sales Price $5,675,000
Condominiums
Single Family Residence
Year to date 2022 Total Sales 12
Average Sales Price $2,831,667 Median Sales Price $2,987,500
March 2022 Total Sales 31 Average Sales Price $8,027,048 +35% change from Mar. 2021
Median Sales Price $5,250,000
*Data is from Fidelity National Title & Chicago Title
+35% change from Mar. 2021
Hope Ranch
Year to date 2022 Single Family Residence
Total Sales 9 Average Sales Price $5,333,889
Median Sales Price $4,650,000
March 2022 Total Sales 2 Average Sales Price $5,462,500 +37% change from Mar. 2021
Median Sales Price $5,462,500
*Data is from Fidelity National Title & Chicago Title
+16% change from Mar. 2021
Goleta
Total Sales 76 Average Sales Price $1,635,731 Median Sales Price $1,442,500
Condominiums
Single Family Residence
Year to date 2022 Total Sales 38 Average Sales Price $831,750 Average Median Price $780,000
March 2022 Total Sales 46 Average Sales Price $1,269,760 +1% change from Mar. 2021
Median Sales Price $1,237,500
*Data is from Fidelity National Title & Chicago Title
+22% change from Mar. 2021
Carpinteria
Total Sales 14 Average Sales Price $1,512,750 Median Sales Price $1,500,000
Condominiums
Single Family Residence
Year to date 2022 Total Sales 22 Average Sales Price $879,591 Median Sales Price $823,750
March 2022 Total Sales 14 Average Sales Price $1,117,192 -36% change from Mar. 2021
Median Sales Price $980,000
*Data is from Fidelity National Title & Chicago Title
+16% change from Mar. 2021
Summerland
Total Sales 2 Average Sales Price $3,200,000 Median Sales Price $3,200,000
Condominiums
Single Family Residence
Year to date 2022 Year To Date 2021 Total Sales 1 Average Sales Price $1,025,000 Median Sales Price $1,025,000
March 2022 Total Sales 1 Average Sales Price $1,025,000 -70% change from Mar. 2021
Median Sales Price $1,025,000
*Data is from Fidelity National Title & Chicago Title
-36% change from Mar. 2021
Some Charts that
The U.S. yield curve has inverted before each recession since 1955, with a recession following between six and 24 months, according to a 2018 report by researchers at the Federal Reserve Bank of San Francisco.
Holidays
caught my eye…
It offered a false signal just once in that time. And we had a brief curve inversion in Aug 2019 – this was due to the trade war with China and then we had the very brief Covid related recession.
March ’22 Santa Barbara Real Estate Market Report
For more information please visit my website below
www.caleboverton.com I have some creative ways to help you get top dollar for your home. Let’s start a conversation!
Santa Barbara Real Estate Agent
Caleb Overton
DRE# 02117608