Santa Barbara Area Market Report
SANTA BARBARA AREA REAL ESTATE THROUGH DECEMBER 2022
featured property 3599 PADARO LANE DRE #01206734
Exclusive Member of 3599 PADARO LANE • click to view
Review in Numbers
SOUTH SANTA BARBARA COUNTY DECEMBER 2022 YTD
TOTAL SALES 1,443 (-35% over 2021)
SINGLE FAMILY RESIDENCE SALES 1,015 (-34% over 2021) CONDOMINIUM SALES 428 (-37% over 2021)
S ingle Family SOUTH SANTA BARBARA COUNTY DECEMBER 2022 YTD AVERAGE SALES PRICE • YTD $3,370,912 +12% change from 2021 MEDIAN SALES PRICE • YTD $2,104,000 +12% change from 2021 3599 PADARO LANE
C ondominium SOUTH SANTA BARBARA COUNTY DECEMBER 2022 YTD AVERAGE SALES PRICE • YTD $1,196,194 +15% change from 2021 MEDIAN SALES PRICE • YTD $958,000 +14% change from 2021 LANE • click to view
Number of Sales v Median Price over the past 5 years
SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS
3599 PADARO LANE • click to view Exclusive Member of
Carpinteria
Exclusive Member of
5926 HICKORY STREET 3 • click to view
Median Price over the past 5 years TOTAL SALES · YEAR TO DATE 70 AVERAGE SALES PRICE · YTD $4,503,375 MEDIAN SALES PRICE · YTD $1,855,000 TOTAL SALES · YEAR TO DATE 68 AVERAGE SALES PRICE · YTD $870,316 MEDIAN SALES PRICE · YTD $807,500 SINGLE FAMILY RESIDENCES • YTD CONDOMINIUMS • YTD TOTAL SALES 9 AVERAGE SALES PRICE $11,784,222 +1,193% change from 2021 MEDIAN SALES PRICE $1,304,000 +84% change from 2021 DECEMBER 2022
Summerland
Exclusive Member of
AVENUE • click to view
108 PIERPONT
Median Price over the past 5 years TOTAL SALES · YEAR TO DATE 17 AVERAGE SALES PRICE · YTD $2,850,473 MEDIAN SALES PRICE · YTD $2,475,000 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 2 AVERAGE SALES PRICE $2,768,785 n/a change from 2021 MEDIAN SALES PRICE $2,768,785 n/a change from 2021 DECEMBER 2022
Montecito
Exclusive Member of
• click to view
751 BUENA VISTA DRIVE
Median Price over the past 5 years TOTAL SALES · YEAR TO DATE 177 AVERAGE SALES PRICE · YTD $7,179,783 MEDIAN SALES PRICE · YTD $5,450,000 TOTAL SALES · YEAR TO DATE 33 AVERAGE SALES PRICE · YTD $2,836,576 MEDIAN SALES PRICE · YTD $3,050,000 SINGLE FAMILY RESIDENCES • YTD CONDOMINIUMS • YTD TOTAL SALES 15 AVERAGE SALES PRICE $7,338,800 +14% change from 2021 MEDIAN SALES PRICE $5,825,000 +42% change from 2021 DECEMBER 2022
Santa Barbara
Exclusive Member of
2921 SERENA ROAD • click to view
Median Price over the past 5 years TOTAL SALES · YEAR TO DATE 456 AVERAGE SALES PRICE · YTD $2,444,205 MEDIAN SALES PRICE · YTD $2,120,000 TOTAL SALES · YEAR TO DATE 176 AVERAGE SALES PRICE · YTD $1,253,026 MEDIAN SALES PRICE · YTD $1,045,000 SINGLE FAMILY RESIDENCES • YTD CONDOMINIUMS • YTD TOTAL SALES 29 AVERAGE SALES PRICE $2,024,115 +24% change from 2021 MEDIAN SALES PRICE $1,530,000 +4% change from 2021 DECEMBER 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 $5,625,000 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 DECEMBER 2022
Goleta
Exclusive Member of
373 NORTHGATE DRIVE A • click to view
Median Price over the past 5 years TOTAL SALES · YEAR TO DATE 268 AVERAGE SALES PRICE · YTD $1,687,450 MEDIAN SALES PRICE · YTD $1,557,500 TOTAL SALES · YEAR TO DATE 148 AVERAGE SALES PRICE · YTD $910,338 MEDIAN SALES PRICE · YTD $835,000 SINGLE FAMILY RESIDENCES • YTD CONDOMINIUMS • YTD TOTAL SALES 21 AVERAGE SALES PRICE $1,241,869 -8% change from 2021 MEDIAN SALES PRICE $1,100,000 -9% change from 2021 DECEMBER 2022
Exclusive Member of 2995 CALLE BONITA • click to view
TOTAL SALES 221 SINGLE FAMILY RESIDENCE SALES 195 CONDOMINIUM SALES 26
SANTA YNEZ VALLEY DECEMBER 2022 YTD
Santa Ynez Valley Review in Numbers
S ingle Family SANTA YNEZ VALLEY DECEMBER 2022 YTD AVERAGE SALES PRICE • YTD $2,015,041 +25% change from 2021 MEDIAN SALES PRICE • YTD $1,500,000 +21% change from 2021 2995 CALLE BONITA
C ondominium SANTA YNEZ VALLEY DECEMBER 2022 YTD AVERAGE SALES PRICE • YTD $658,779 +15% change from 2021 MEDIAN SALES PRICE • YTD $670,000 +12% change from 2021 BONITA • click to view
Buellton, Solvang & Ballard
Exclusive Member of
636 HINDFELL WAY • click to view
TOTAL SALES · YEAR TO DATE 79 AVERAGE SALES PRICE · YTD $1,695,215 MEDIAN SALES PRICE · YTD $1,700,000 TOTAL SALES · YEAR TO DATE 42 AVERAGE SALES PRICE · YTD $1,126,262 MEDIAN SALES PRICE · YTD $928,750 TOTAL SALES · YEAR TO DATE 13 AVERAGE SALES PRICE · YTD $602,335 MEDIAN SALES PRICE · YTD $570,000 TOTAL SALES · YEAR TO DATE 13 AVERAGE SALES PRICE · YTD $715,223 MEDIAN SALES PRICE · YTD $740,000 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 55 AVERAGE SALES PRICE · YTD $3,112,314 MEDIAN SALES PRICE · YTD $2,335,000 TOTAL SALES · YEAR TO DATE 19 AVERAGE SALES PRICE · YTD $2,133,192 MEDIAN SALES PRICE · YTD $1,650,000 SINGLE FAMILY RESIDENCES • YTD SINGLE FAMILY RESIDENCES • YTD Los Olivos Santa Ynez
Exclusive Member of
4431 SHADOW HILLS BLVD, SANTA BARBARA • click to view
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 December 2022.
Exclusive Member of