Compiled from Santa Barbara Multiple Listing Service Data on 10/7/2014 Statistics Through September 14
MLS vs CORT for August 14 2 Multi-Family 1 Cancelled in MLS 2 Closed in January 1 Closed in May 2 Closed in June 1 Closed in July 1 Closed in September 1 in Ventura County 1 Land Sale 2 Still Pending in MLS 21 Not in MLS MLS 142 Sales 98 HE/PU 44 CO CORT 162 Sales
September 1-September 30 Home Estate/PUD Districts 05-35
Total Total List Volume Median List Price Average List Price DOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP Sold 108 $179,279,393 $1,225,000 $1,659,994 45 $168,391,627 $1,199,500 $1,559,181 93.93 90.47 List/Sold 24 $56,182,494 $1,252,500 $2,340,937 73 $48,028,295 $1,160,000 $2,001,178 85.49 81.42 Co-Broker 84 $123,096,899 $1,225,000 $1,465,439 37 $120,363,332 $1,199,500 $1,432,896 97.78 94.66 New 132 $347,854,577 $1,137,000 $2,635,261 15 Pending 90 $169,751,500 $1,190,000 $1,886,127 69 Temp Off Market 8 $26,020,100 $2,095,000 $3,252,512 116 Cancelled 13 $16,640,000 $1,125,000 $1,280,000 66 Expired 26 $71,004,900 $2,085,000 $2,730,957 209 Back On Market 31 $61,538,900 $1,235,000 $1,985,125 112 Extended 29 $78,246,300 $1,249,000 $2,698,148 160 Active In Range Current Active 410 $1,570,684,377 $1,693,500 $3,830,937 108 339 $1,241,175,077 $1,995,000 $3,661,283 119
Total HE/PU September 14 Total List Volume Median List Price Average List Price DOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP Sold 108 $179,279,393 $1,225,000 $1,659,994 45 $168,391,627 $1,199,500 $1,559,181 93.93 90.47 Pending 90 $169,751,500 $1,190,000 $1,886,127 69 Total HE/PU September 13 Total List Volume Median List Price Average List Price DOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP Sold 110 $144,217,647 $914,950 $1,311,069 47 $139,730,507 $909,000 $1,270,277 96.89 95.41 Pending 92 $145,075,719 $975,000 $1,576,909 63
Sold Listings List Price Range Number of Listings Average Days to Sold $450,000-$499,999 1 24 $550,000-$599,999 1 7 $600,000-$649,999 1 10 $650,000-$699,999 3 6 $700,000-$749,999 10 46 $750,000-$799,999 3 21 $800,000-$849,999 4 11 $850,000-$899,999 8 34 $900,000-$949,999 7 20 $950,000-$999,999 4 23
Sold Listings List Price Range Number of Listings Average Days to Sold $1,000,000-$1,099,999 5 20 $1,100,000-$1,199,999 7 35 $1,200,000-$1,299,999 5 75 $1,300,000-$1,399,999 8 35 $1,400,000-$1,499,999 1 80 $1,500,000-$1,599,999 7 39 $1,600,000-$1,699,999 5 37 $1,700,000-$1,799,999 2 31 $1,800,000-$1,899,999 4 13 $2,000,000-$2,249,999 3 61 $2,250,000-$2,499,999 5 13 $2,500,000-$2,749,999 2 58 $2,750,000-$2,999,999 3 105 $3,000,000-$3,249,999 3 25 $4,000,000-$4,249,999 2 294 $4,250,000-$4,499,999 2 18 $4,500,000-$4,749,999 1 135 $5,000,000+ 1 614
The average price for the 108 properties is $1,559,181. The highest price is $10,500,000. 1880 E Valley Rd The median price is $1,199,000. The lowest price is $498,400. 6012 Berkeley Rd The average Market Time is 45.
Home Estate/PUD Number of Sales Median Sales Price Home Estate/PUDs Entering Escrow Number of Listings Median List Price
1200 HE/PU Sales Jan-Sept. 2010-2014 1000 944 995 800 681 711 816 600 400 200 0 2010 2011 2012 2013 2014
$1,400,000 HE/PU Median Sales Price Jan-Sept. 2010-2014 $1,200,000 $1,175,000 $1,000,000 $800,000 $850,000 $815,000 $795,000 $930,000 $600,000 $400,000 $200,000 $0 2010 2011 2012 2013 2014
HE/PU Pending Listings Jan-Sept. 2010-2014 1,200 1,000 1,004 998 800 690 751 835 600 400 200 0 2010 2011 2012 2013 2014
90 HE/PU Fall Throughs Jan-Sept. 2010-2014 80 77 70 60 62 53 57 53 50 40 30 20 10 0 2010 2011 2012 2013 2014
10.0% 9.0% 9.0% HE/PU Fall Through Percentages Jan-Sept. 2010-2014 8.0% 7.0% 6.0% 7.1% 7.7% 5.7% 6.3% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% 2010 2011 2012 2013 2014
1,550 HE/PU New Listings Jan-Sept. 2010-2014 1,500 1,450 1,485 1,444 1,400 1,350 1,344 1,361 1,300 1,250 1,249 1,200 1,150 1,100 2010 2011 2012 2013 2014
$1,400,000 $1,200,000 $1,000,000 HE/PU Median List Price Jan-Sept. 2010-2014 $999,000 $995,000 $986,000 $1,149,000 $1,259,000 $800,000 $600,000 $400,000 $200,000 $0 2010 2011 2012 2013 2014
Last Year vs. This Year January-September for Home Estate/PUDs Districts 05-35
Active and Pending Listings 13 vs. 14 Jan-Sept Total Active Listings 13 1,778, 14 1,588 DOWN -10.7% New Listings 13 1,361, 14 1,249 DOWN -8.2% New Listings Median List Price 13 $1,149,000, 14 $1,259,000, UP +9.6% Properties that went into Escrow 13 998, 14 835, DOWN -16.3%
Sold HE/PU 13 vs. 14 Jan-Sept Number of Sold Properties 13 995, 14 816 DOWN -18.0% Median Sales Prices 13 $930,000, 14 $1,175,000 UP +26.3% Median Sales Prices w/o Hope Ranch/Montecito 13 $849,000, 14 $950,000 UP +11.9% Average Sold Price 13 $1,423,753, 14 $1,783,168 UP +25.2% Average Sold Price w/o Hope Ranch/Montecito 13 $1,038,456, 14 $1,279,458 UP +23.2% Sold Volume 13 $1,416,634,680, 14 $1,455,065,493 UP +2.7%
Sept. 13 to Sept. 14 Month by Month for Home Estate/PUDs Districts 05-35
120 100 110 92 102 100 113 103 90 100 108 80 81 73 72 60 57 40 20 Numbers of HE/PU Sales Month by Month 0 September October November December January February March April May June July August September
$1,600,000 $1,400,000 $1,377,500 $1,200,000 $1,250,000 $1,175,000 $1,186,500 $1,173,500 $1,110,500 $1,199,500 $1,000,000 $909,000 $943,999 $990,000 $986,000 $970,700 $983,700 $800,000 $600,000 HE/PU Median Sales Price Month by Month $400,000 $200,000 $0 September October November December January February March April May June July August September
HE/PU District Stats
500 450 400 350 300 250 200 150 100 50 164/138-15% 164 138 456 410 456/410-10% 429 400 429/400-6% Number of Home/Estate Properties Listed Since the 1 st of the Year via Districts 319 271 319/271-15% 66/75 +13% 66 75 106/88-16% 106 88 238/206-13% 238 206 0 Crp-Smmrlnd Mont Est-Stte Wst-Stte Hpe Rnch Gol Sth Gol Nrth
300 HE Sales via Districts 250 200 150 100 50 81/57-29% 81 57 184 173 184/173-5% 247 229 247/229-7% 216 178 216/178-17% 26/27 26 27 +3% 95/65-31% 95 65 167/123-26% 167 123 0 Crp-Smmrlnd Mont Est-Stte Wst-Stte Hpe Rnch Gol Sth Gol Nrth
HE Average Sales Price $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,424,103 $3,636,051 $3,066,198 $3.63M +18% $3.14M +26% $3,145,370 $2,484,903 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 $1,384,888 $2.4M +75% $1,420,229 $1,172,436 $1.42M +21% $1,146,418 $973,920 $1.14M +17% $876 +8% $997,940 $1,064,980 $808,786 $876,927 $1.06M +6% Crp-Smmrlnd Mont Est-Stte Wst-Stte Hpe Rnch Gol Sth Gol Nrth
400 350 319 319 319 315 330 339 300 297 273 297 250 243 247 216 200 150 100 HE/PU Active Listings For the Last 12 Months 50 0 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept.
700 600 568 580 590 628 557 500 400 371 337 339 300 200 HE/PU Active Listings September 07-14 100 0 Sept. '07 Sept. '08 Sept. '09 Sept. '10 Sept. '11 Sept. '12 Sept. '13 Sept. '14
Perspective for Home Estates 2000-2013
1,200 1,000 800 1,026 864 919 909 948 861 684 726 601 590 681 711 944 995 816 600 400 200 0 Number of HE/PU Sales from 05-35 Jan.-Sept. 00 to 14 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
$1,400,000 $1,200,000 $1,000,000 $800,000 $750,000 $858,700 $1,000,000 $1,262,500 $1,257,125 $1,200,000 $1,075,000 $841,250 $850,000 $815,000 $795,000 $1,175,000 $930,000 $600,000 $648,000 $579,000 $400,000 $200,000 Median Sales Price of HE/PU 05-35 from Jan.-Sept. 00 to 14 $0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
September 1-September 30 Condos Districts 05-35
Total Total List Volume Median List Price Average List Price DOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP Sold 29 $22,615,850 $619,000 $779,856 32 $22,788,107 $615,000 $785,796 100.76 100.15 List/Sold 6 $5,900,000 $916,000 $983,333 12 $6,142,447 $998,284 $1,023,741 104.11 103.92 Co-Broker 23 $16,715,850 $589,000 $726,776 37 $16,645,660 $580,000 $723,724 99.58 98.83 New 52 $39,913,500 $599,000 $767,567 13 Pending 42 $32,799,500 $584,000 $780,940 44 Temp Off Market 3 $2,129,000 $599,000 $709,666 55 Cancelled 8 $5,268,500 $626,500 $658,562 97 Expired 10 $7,913,400 $542,000 $791,340 226 Back On Market 4 $4,124,000 $987,000 $1,031,000 87 Extended 18 $15,618,000 $587,000 $867,666 141 Active In Range Current Active 162 $148,220,652 $669,500 $914,942 101 125 $114,662,402 $670,000 $917,299 103
Total CO September 14 Total List Volume Median List Price Average List Price DOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP Sold 29 $22,615,850 $619,000 $779,856 32 $22,788,107 $615,000 $785,796 100.76 100.15 Pending 42 $32,799,500 $584,000 $780,940 44 September 13 Total Total List Volume Median List Price Average List Price DOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP Sold 35 $26,238,800 $539,000 $749,680 23 $25,539,900 $539,000 $729,711 97.34 94.81 Pending 27 $15,389,605 $529,000 $569,985 18
Sold Listings List Price Range Number of Listings Average Days to Sold $250,000-$299,999 2 53 $300,000-$349,999 2 47 $350,000-$399,999 1 1 $450,000-$499,999 3 107 $500,000-$549,999 4 24 $550,000-$599,999 1 165 $600,000-$649,999 3 28 $650,000-$699,999 1 16 $700,000-$749,999 1 11 $800,000-$849,999 1 1 $850,000-$899,999 1 1 $900,000-$949,999 1 1 $950,000-$999,999 1 4 $1,000,000-$1,099,999 3 1 $1,100,000-$1,199,999 1 1 $1,800,000-$1,899,999 1 18 $1,900,000-$1,999,999 1 11 $2,250,000-$2,499,999 1 1
The average price for the 29 properties is $785,796. The highest price is $2,250,000. 401 Chapala St #301 The median price is $615,000. The lowest price is $260,000. 37 Dearborn Pl #83 The average Market Time is 32.
Condo Statistics Number of Sales Median Sales Price Condos Entering Escrow Number of Listings Median List Price
CO Sales Jan-Sept. 2010-2014 400 350 313 346 310 300 250 200 238 219 150 100 50 0 2010 2011 2012 2013 2014
$600,000 $500,000 CO Median Sales Price Jan-Sept. 2010-2014 $508,500 $561,250 $400,000 $437,000 $425,000 $399,990 $300,000 $200,000 $100,000 $0 2010 2011 2012 2013 2014
400 350 CO Pending Listings Jan-Sept. 2010-2014 368 339 329 300 250 250 238 200 150 100 50 0 2010 2011 2012 2013 2014
35 30 32 CO Fall Throughs Jan-Sept. 2010-2014 29 25 20 19 15 14 10 8 5 0 2010 2011 2012 2013 2014
14.0% 12.8% CO Fall Through Percentages Jan-Sept. 2010-2014 12.0% 10.0% 8.0% 8.0% 8.8% 6.0% 4.0% 3.8% 2.4% 2.0% 0.0% 2010 2011 2012 2013 2014
500 CO New Listings Jan-Sept. 2010-2014 480 475 460 440 454 434 436 420 406 400 380 360 2010 2011 2012 2013 2014
$700,000 CO Median List Price Jan-Sept. 2010-2014 $600,000 $559,500 $589,000 $500,000 $488,250 $449,000 $449,250 $400,000 $300,000 $200,000 $100,000 $0 2010 2011 2012 2013 2014
Last Year vs. This Year January-September for Condos Districts 05-35
Active and Pending Listings 13 vs. 14 Jan-Sept Total Active Listings 13 529, 14 614, UP +16.1% New Listings 13 436, 14 475, UP +8.9% New Listings Median List Price 13 $559,500, 14 $589,000, UP +5.3% Properties that went into Escrow 13 339, 14 329, DOWN -2.9%
Sold CO 13 vs. 14 Jan-Sept Number of Sold Properties 13 346, 14 310 DOWN -10.4% Median Sales Prices 13 $508,500, 14 $561,250 UP +10.5% Median Sales Prices w/o Montecito 13 $490,000, 14 $550,000 UP +12.2% Average Sold Price 13 $589,926, 14 $694,921 UP +17.8% Average Sold Price w/o Montecito 13 $540,354, 14 $657,831 UP +21.7% Sold Volume 13 $204,114,456, 14 $215,425,814 UP +5.5%
Sept. 13 to Sept. 14 Month by Month for Condos Districts 05-35
50 45 42 44 43 44 40 35 35 37 34 30 30 29 29 26 29 25 20 19 15 10 5 Numbers of CO Sales Month by Month 0 September October November December January February March April May June July August September
$800,000 $700,000 $717,000 $600,000 $500,000 $539,000 $530,000 $512,000 $475,000 $599,000 $540,000 $539,500 $602,000 $550,000 $489,500 $565,000 $615,000 $400,000 $300,000 $200,000 CO Median Sales Price Month by Month $100,000 $0 September October November December January February March April May June July August September
Condo District Stats
200 Number of Condos Listed Since the 1st of the Year via Districts 180 160 178 164 140 120 100 80 60 40 20 82 66 82/66-19% 49 49/28-42% 28 142 142/178 +25% 133 133/164 +23% 71/105 +47% 105 71 52 73 52/73 +40% 0 Crp-Smmrlnd Mont Est-Stte Wst-Stte Gol Sth Gol Nrth
100 90 Condo Sales via Districts 88 86 80 70 60 50 71 71/30-57% 79 75 79/75-5% 88/86-2% 52 73 44/52 +18% 44 52 40 30 20 10 30 25 25/11-56% 11 52/73 +40% 0 Crp-Smmrlnd Mont Est-Stte Wst-Stte Gol Sth Gol Nrth
$1,800,000 Condo Average Sales Price $1,685,636 $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $546,509 $467,248 $546 +16% $1,274,600 $1.685 +32% $827,931 $814,606 $655,750 $827 +26% $814 +33% $609,865 $590,142 $448,792 $448,382 $466,120 $590 +31% $466 +3% $0 Crp-Smmrlnd Mont Est-Stte Wst-Stte Gol Sth Gol Nrth
140 133 120 111 117 111 118 124 125 102 100 102 100 88 94 80 60 40 CO Active Listings For the Last 12 Months 20 0 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept.
250 219 224 200 150 144 156 137 125 100 CO Active Listings June 06-08 98 58 50 CO Active Listings September 07-14 0 Sept. '07 Sept. '08 Sept. '09 Sept. '10 Sept. '11 Sept. '12 Sept. '13 Sept. '14
Perspective for Condos 2000-2014
450 400 350 300 384 340 367 359 347 361 301 313 346 310 250 200 244 204 226 238 219 150 100 50 0 Number of CO Sales from 05-35 Jan.-Sept. 00 to 14 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
$800,000 $700,000 $672,000 $672,000 $630,000 $600,000 $570,000 $572,500 $561,250 $500,000 $400,000 $300,000 $200,000 $100,000 $295,000 $335,000 $405,000 $463,000 $467,000 $437,000 $425,000 $399,990 Median Sales Price of COs from 05-35 Jan.-Sept. 00 to 14 $508,500 $0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Compiled from Santa Barbara Multiple Listing Service Data on 10/7/2014 Statistics Through September 14