Santa Barbara Area Market Report
SANTA BARBARA AREA REAL ESTATE THROUGH JULY 2024
Review in Numbers
SOUTH SANTA BARBARA COUNTY JULY 2024 YTD
TOTAL SALES
717
(+9% over 2023)
SINGLE FAMILY RESIDENCE SALES
514
(+12% over 2023)
CONDOMINIUM SALES
203
(+3% over 2023)
S ingle Family
SOUTH SANTA BARBARA COUNTY
JULY 2024 YTD
AVERAGE SALES PRICE • YTD
$3,718,258
+15% change from 2023
MEDIAN SALES PRICE • YTD
$2,200,000
+4% change from 2023
150 SANTA ELENA
SOUTH SANTA BARBARA COUNTY JULY 2024 YTD
AVERAGE SALES PRICE • YTD
$1,156,326 -2% change from 2023
MEDIAN SALES PRICE • YTD
$967,500 +6% change from 2023
Number of Sales v Median Price over the past 5 years
SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS
JULY 2024
10 AVERAGE SALES PRICE
$6,814,335 +365% change from 2023
TOTAL SALES · YEAR TO DATE
25 AVERAGE SALES PRICE · YTD
$1,386,175 +32% change from 2023
$8,846,721 MEDIAN SALES PRICE · YTD $2,000,000 TOTAL SALES · YEAR TO DATE
38 AVERAGE SALES PRICE · YTD
$955,568
SALES PRICE · YTD $820,000
JULY 2024
3
$2,841,500 n/a change from 2023
· YEAR TO DATE
6
$2,871,333
SALES PRICE · YTD $2,725,000
$2,841,500 n/a change from 2023
SALES · YEAR TO DATE 0
SALES PRICE · YTD n/a
$4,300,000 -30% change from 2023 JULY 2024
$6,950,000 +9% change from 2023
87
SALES · YEAR TO DATE
8
$8,362,770
SALES PRICE · YTD $5,500,000
$2,945,000
$2,917,500
Santa Barbara
$1,975,000 +1% change from 2023 JULY 2024
34
$2,099,755 +5% change from 2023
TOTAL SALES · YEAR TO DATE
244
$2,525,707
SALES PRICE · YTD $2,183,080 TOTAL SALES · YEAR TO DATE 76
SALES PRICE · YTD
$1,214,196
Hope Ranch
JULY 2024
1
$13,250,000 +169% change from 2023
$13,250,000 +169% change from 2023
$6,615,666
SALES PRICE · YTD $6,053,000
JULY 2024
34
$1,498,597 -1% change from 2023
· YEAR TO DATE
141
$1,816,899
SALES PRICE · YTD $1,600,000
$1,390,000 +3% change from 2023
81
SALES · YEAR TO DATE
SALES PRICE · YTD
$1,019,551
Santa Ynez Valley Review in Numbers
SANTA YNEZ VALLEY
JULY 2024 YTD
TOTAL SALES
100
SINGLE FAMILY RESIDENCE SALES
80
(-1.2% over 2023)
CONDOMINIUM SALES
20 (+54% over 2023)
S ingle Family
SANTA YNEZ VALLEY
JULY 2024 YTD
AVERAGE SALES PRICE • YTD
$2,185,574 +11% change from 2023
MEDIAN SALES PRICE • YTD
$1,591,250 +14% change from 2023
SANTA YNEZ VALLEY JULY 2024 YTD
AVERAGE SALES PRICE • YTD
$744,825 +23% change from 2023
MEDIAN SALES PRICE • YTD
$682,500 +12% change from 2023
13 AVERAGE SALES PRICE · YTD $1,330,154 MEDIAN SALES PRICE · YTD $1,130,000
6
SALES PRICE · YTD $722,167 MEDIAN SALES PRICE · YTD $732,500
14
Los Olivos & Santa Ynez
Santa Ynez
TOTAL SALES · YEAR TO DATE
26
YTD
AVERAGE SALES PRICE · YTD
$3,113,493
MEDIAN SALES PRICE · YTD
$1,927,150
SINGLE
TOTAL SALES · YEAR TO DATE
7
AVERAGE SALES PRICE · YTD $2,287,357
MEDIAN SALES PRICE · YTD $1,975,000
3179 LUCINDA LANE, SANTA BARBARA
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.