Santa Barbara Market Update Second Quarter JOY BEAN Santa Barbara Brokerage CalBRE#: joybean.

Size: px

Start display at page:

Download "Santa Barbara Market Update Second Quarter JOY BEAN Santa Barbara Brokerage CalBRE#: joybean."

Evangeline Alexander
5 years ago
Views:

Montecito, CA web: 113923 Santa Barbara Market Update Second Quarter 215 JOY

bean@sothebyshomes.com joybean.com sothebyshomes.

1 Montecito, CA web: Santa Barbara Market Update Second Quarter 215 JOY BEAN Santa Barbara Brokerage CalBRE#: joybean.com sothebyshomes.com All data within this document is pulled from the Santa Barbara MLS. Areas include from Carpinteria - Goleta North.

FIVE YEARS OF AVERAGE SELLING PRICES Q2 $4,5, $4,, $3,5, $3,, $2,5, $2,, $1,5, $1,, $5, 211 212 213 214 215 Montecito Santa Barbara Carpinteria Summerland Hope Ranch Goleta AVERAGE SALE PRICE TOTAL

2 FIVE YEARS OF AVERAGE SELLING PRICES Q2 $4,5, $4,, $3,5, $3,, $2,5, $2,, $1,5, $1,, $5, Montecito Santa Barbara Carpinteria Summerland Hope Ranch Goleta AVERAGE SALE PRICE TOTAL SFH SOLD Q2 $4,, 1 MONTECITO The community of Montecito offers a serene retreat and boasts tree-lined streets with lavish estates, many of which are architecturally significant, including English-style manor houses and elegant contemporary homes that stretch from the beach up into the foothills. Elegance is exuded in every detail of its stunning surroundings and relaxed atmosphere. $3,5, $3,, $2,5, $2,, $1,5, $1,, $5, SINGLE FAMILY HOMES Q (215 v 214) AVERAGE LIST PRICE $2,951,821 $3,356,28 $2,995,87 $4,83,912 $3,963,71-3% AVERAGE SOLD PRICE $2,78,644 $3,78,335 $2,852,497 $3,742,4 $3,718,629-1% TOTAL SFH SOLD % DISCOUNT RATIO 92% 92% 95% 92% 94% Sotheby s International Realty and the Sotheby s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby s International Realty, Inc. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Real estate agents affiliated with Sotheby s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby s International Realty, Inc.

AVERAGE SALE PRICE TOTAL SFH SOLD Q2 $1,4, $1,8, 25 8 CARPINTERIA / SUMMERLAND The oceanside city of Carpinteria has its own special character and is known as a residential and agricultural gem with

$1,2, $1,6, $1,4, $1,, $1,2, $1,, $8, $8, $6, $4, $4, $2, $2, 211 212 213 214 215 21 211 212 213 214 7 2 6 5 15 4 3 1 2 1 5 SINGLE FAMILY HOMES Q2 211 212 213 214 215 (215 v 214) AVERAGE LIST PRICE

3 AVERAGE SALE PRICE TOTAL SFH SOLD Q2 $1,4, $1,8, 25 8 CARPINTERIA / SUMMERLAND The oceanside city of Carpinteria has its own special character and is known as a residential and agricultural gem with gorgeous bluffs overlooking the ocean and beautiful beaches. $1,2, $1,6, $1,4, $1,, $1,2, $1,, $8, $8, $6, $4, $4, $2, $2, SINGLE FAMILY HOMES Q (215 v 214) AVERAGE LIST PRICE $872,648 $1,256,377 $647,626 $1,631,94 $886,37-46% AVERAGE SOLD PRICE $79,411 $1,114,4 $639,227 $1,525,136 $865,616-43% TOTAL SFH SOLD % DISCOUNT RATIO 91% 89% 99% 93% 98% AVERAGE SALE PRICE TOTAL SFH SOLD Q2 $4,5, 12 $4,, $3,5, 1 HOPE RANCH The palm-lined community of Hope Ranch is a world of its own. Hope Ranch properties have spectacular views of both the mountains and the ocean. A wonderful blend of fine estates, Hope Ranch remains one of the great gems of gracious living in the Santa Barbara area. $3,, $2,5, $2,, $1,5, $1,, $5, SINGLE FAMILY HOMES Q (215 v 214) AVERAGE LIST PRICE $3,9,111 $2,338, $2,967,143 $2,698,667 $4,314,99 6% AVERAGE SOLD PRICE $2,839,444 $2,113,15 $2,869,3 $2,554,722 $4,16,5 57% TOTAL SFH SOLD % DISCOUNT RATIO 92% 9% 97% 95% 93% CARPINTERIA - SUMMERLAND SANTA BARBARA HOPE RANCH MONTECITO GOLETA

AVERAGE SALE PRICE TOTAL SFH SOLD Q2 SANTA BARBARA Known as the American Riviera, Santa Barbara is truly one of California s most vibrant and beautiful cities.

15 15 $6, $6, $4, 1 1 $4, $2, 5 5 $2, Mountains and the majestic palm trees.

4 AVERAGE SALE PRICE TOTAL SFH SOLD Q2 SANTA BARBARA Known as the American Riviera, Santa Barbara is truly one of California s most vibrant and beautiful cities. The alluring landscape is enhanced by the red-tiled roofs of homes, the foliage of its Spanish heritage, the striking backdrop of the Santa Ynez $1,4, 3 $1,4, 25 $1,2, 25 $1,2, $1,, 2 $1,, 2 $8, $8, $6, $6, $4, 1 1 $4, $2, 5 5 $2, Mountains and the majestic palm trees Average 211 Sale Price 212 Total SFH 213 Sold 214 SINGLE FAMILY HOMES Q (215 v 214) AVERAGE LIST PRICE $921,719 $85,393 $999,346 $1,195,462 $1,28,63 1% AVERAGE SOLD PRICE $87,662 $821,714 $983,431 $1,171,269 $1,175,359 % TOTAL SFH SOLD % DISCOUNT RATIO 94% 97% 98% 98% 97% AVERAGE SALE PRICE TOTAL SFH SOLD Q2 $8, 18 $7, 16 GOLETA Goleta lies approximately 15 miles west of Santa Barbara. Formerly home to acres of avocados, lemons and oranges, Goleta real estate is built among the few remaining productive groves. Goleta enjoys fabulous communities, beaches, schools, and outdoor living. Views abound throughout the area of the Santa Ynez Mountains and the Channel Islands. $6, $5, $4, $3, $2, $1, SINGLE FAMILY HOMES Q (215 v 214) AVERAGE LIST PRICE $62,833 $618,823 $755,439 $766,44 $756,3-1% AVERAGE SOLD PRICE $592,892 $596,954 $749,917 $757,87 $753, % TOTAL SFH SOLD % DISCOUNT RATIO 95% 96% 99% 99% 1% sothebyshomes.com/santabarbara

5 ON THE MARKET left to right from top to bottom: METROPOLITAN MARKETS NEW YORK, NY Web: 1126 $3,25, HOUSTON, TX Web: $2,999, LOS ANGELES, CA Web: $3,298, RESORT MARKETS MALIBU, CA Web: $3,2, EAST HAMPTON, NY Web: $2,995, SANTA BARBARA, CA Web: $3,195, FOREIGN MARKETS GERMANY Web: S76NQ3 $3,59,261 ITALY Web: MEQC8Z $3,926,848 ISRAEL Web: 3DWFN3 $3,94,42 sothebysrealty.com

Verner Panton, VIII square, wool carpet and Pierre Paulin set of armchairs and Mushroom stools from NOW! PARIS 1 JULY 215 AUCTION CALENDAR JULY 215 Now!

6 Verner Panton, VIII square, wool carpet and Pierre Paulin set of armchairs and Mushroom stools from NOW! PARIS 1 JULY 215 AUCTION CALENDAR JULY 215 Now! Paris 1 July Old Master & British Paintings Evening Sale London 8 July Contemporary Art Evening Auction London 1 July Old Master & British Paintings Day Sale London 9 July Contemporary Art Day Auction London 2 July Old Master Sculpture And Works Of Art London 9 July Medieval And Renaissance Manuscripts London 7 July English Literature, History, Children s Books & Illustrations London 14 July Treasures London 8 July Finest and Rarest Wines London 15 July Old Master & British Drawings London 8 July Victorian, Pre-Raphaelite & British Impressionist Art London 15 July Rencontres Couture À Paris De La Collection Didier Ludot Paris 8 July Modern Life: Post-War Photographs, Prints & Design New York 22 July We invite you to explore our real estate listings at and view the worldwide auction schedule at sothebys.com Enquiries Sotheby s 72 & York Register now at sothebys.com SOTHEBY S, INC. LICENSE NO SOTHEBY S, INC. 215

Santa Barbara Market Update Third Quarter sothebyshomes.com. Montecito, CA web:

Montecito, CA web: 632494 Santa Barbara Market Update Third Quarter 216 SANTA BARBARA BROKERAGES Montecito - Coast Village Road Brokerage t. 85.969.9993 Montecito - Upper Village Brokerage t. 85.969.55