The Santa Barbara Lifestyle Monthly Update

We are in mid October and no one is more excited to announce the newest updates and annual real estate comparisons than we are here at The Santa Barbara Lifestyle. Take a look at our latest statistics regarding the Santa Barbara and Santa Ynez real estate market in our most recent Real Estate Roundup!

roundup

Santa Ynez Real Estate Roundup

(Single family homes, condos and planned developments) 

                                # of Sales          Average       Median       Average     Median                                                                                                                  List Price      List Price    Sold Price  Sold Price

September –  2016        21              $1,002,800   $779,000   $939,949    $750,000

September – 2015       24              $897,920      $739,000   $858,135    $735,000    

 

                               # of Sales           Average        Median      Average     Median                                                                                                                  List Price      List Price    Sold Price  Sold Price

August – 2016              29               $990,034       $789,000   $939,440   $720,000

August – 2015              16               $861,650       $685,000   $828,445   $653,750

 

January 1st –  September 30th   

                                                       2015                     2016                  

# Sold Properties:                       169                       205                    

Average List Price:                      $959,518              $1,011,658

Average Sold Price:                    $910,000              $955,721        

Median Sales Price:                    $725,000              $735,000

Highest priced Property Sold:  $4,690,000           $6,500,000

 

SANTA BARBARA REAL ESTATE UPDATE:

SINGLE FAMILY HOMES         # of Sales       Average        Median         Average          Median                                                                                                          List Price       List Price       Sold Price       Sold Price

September – 2016                    100               $1,693,719    $1,237,000   $1,621,995     $1,200,000

September – 2015                     98                $1,529,444    $1,076,850   $1,470,194     $1,044,500

 

August – 2016                           114               $1,538,586    $1,097,500   $1,470.336    $1,050,000

August – 2015                           100               $1,663,511    $1,199,000   $1,595,612    $1,187,500

 

July – 2016                                 83                $1,912625     $1,249,000    $1,810,035    $1,210,000

July – 2015                                126               $1,596,571    $999,000       $1,553,301    $997,500

          

June – 2016                              105                $1,742,898    $1,197,000    $1,685,757    $1,173,000

June – 2015                              114                $2,039,542    $1,250,000    $1,965,296    $1,252,500

 

May – 2016                               112                $1,730,770    $1,164,350    $1,680,745    $1,125,000

May – 2015                               127                $1,959,030    $1,299,000    $1,869,745    $1,280,000

          

April – 2016                              104                $1,592,940     $1,197,000   $1,538,594    $1,174,500

April – 2015                               94                 $1,551,742     $997,500      $1,482,599    $975,000

March – 2016                            85                 $1,752,501     $1,199,000   $1,675,354    $1,225,000

March – 2015                            117               $2,000,054     $1,295,000   $1,916,432    $1,205,000

January 1st –  September 30th

SINGLE FAMILY HOMES        2015             2016                % Up or Down

# Sold Properties:                 909                842                     Down  -7.3%

Median Sold Price:                $1,113,500   $1,183,500        Up  +6%

Median Sold Price:                $975,000      $1,015,000        Up  +4% w/o Hope Ranch &

Montecito

Average Sold Price:               $1,778,786   $1,700,000        Down  -4.4%

Average Sold Price:               $1,280,535   $1,274,930        Down  -0.5% w/o Hope Ranch &

Montecito

 

RESIDENTIAL:  January  –  September 30th   2012 – 2016

Year     # of Properties Sold        Median Sold Price

2016              842                            $1,183,500      

2015              909                            $1,113,500

2014              816                            $1,175,000

2013              995                            $  930,000

2012              994                            $  795,000

 

CONDOS        

                                  # of Sales     Average     Median      Average      Median                                                                                                                 List Price    List Price   Sold Price   Sold Price

Sept. – 2016             46                $791,617    $589,750   $769,454     $583,500

Sept. – 2015             61                $702,083    $670,762   $706,130     $715,000

 

August – 2016         34                $752,823     $621,500   $613,500     $742,090

August – 2015         46                $737,584     $639,000   $723,453     $637,550

 

July – 2016              33                $699,884     $599,000   $690,085     $599,000

July – 2015              51                $562,869     $525,000   $556,860     $527,500

June – 2016             47                $678,804     $625,000   $654,872     $620,000

June – 2015             47                $693,397     $649,000   $688.626     $636,000

          

May – 2016             40                  $767,861     $594,000   $751,421     $586,640

May – 2015             53                  $724,583     $595,000   $715,338     $591,000

April – 2016            36                  $807,000     $699,000    $788,046    $700,000

April – 2015            64                  $658,214     $564,500    $660,038     $565,500

 

January 1st –  September 30th

CONDOS                           2015                  2016                % Up or down

# Sold Properties:           437                     318                  Down  -27.45%

Median Sold Price:          $585,000          $622,500          Up  +6%

Median Sold Price:          $565,000          $597,000          Up  +5%   w/o Montecito

Average Sold Price:         $690,269          $780,660          Up   +13%

Average Sold Price:         $645,768          $681,766          Up   +5.5%   w/o Montecito

 

CONDOS  January  –  September    2012 – 2016

Year     # of Properties Sold        Median Sold Price

2016              318                           $622,500         

2015              437                           $585,000

2014              310                           $561,250

2013              346                           $508,500

2012              313                           $399,990

We would like to thank the Santa Barbara Association of Realtors, Coldwell Banker and the Central Coast Regional MLS for providing us with our information. As always if you are thinking of buying or selling, or know someone who is, please think of us and make sure you check out our new website at:  www.TheSantaBarbaraLifestyle.com

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