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 Santa Barbara Brokerage t. 85.963.1391 Santa Ynez Valley Brokerage t. 85.688.42 sothebyshomes.com All data within this document is pulled from the Santa Barbara MLS. Areas include from Carpinteria - Santa Ynez.
FIVE YEARS OF AVERAGE SELLING PRICES Q3 $4,5, $4,, $3,5, $3,, $2,5, $2,, $1,5, $5, Montecito Santa Barbara Carpinteria Summerland Hope Ranch Goleta Santa Ynez AVERAGE SALE PRICE TOTAL SFH SOLD Q3 $4,5, 9 $4,, 8 MONTECITO $3,5, $3,, 7 6 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. $2,5, $2,, $1,5, $5, 5 4 3 2 1 SINGLE FAMILY HOMES Q3 (216 v 215) AVERAGE LIST PRICE $2,913,549 $2,755,85 $3,956,25 $4,7,193 $3,153,719-23% AVERAGE SALE PRICE $2,756,896 $2,614,217 $3,68,418 $3,847,569 $2,96,166-24% TOTAL SFH SOLD 76 71 77 44 58 32% DISCOUNT RATIO 95% 95% 91% 95% 92% 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 Q3 $1,4, 25 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. $1,6, $1,2, $1,4, $1,2, $8, $4, $2, $4, $2, 21 211 212 213 214 8 7 2 6 5 15 4 3 2 1 1 5 SINGLE FAMILY HOMES Q3 (216 v 215) AVERAGE LIST PRICE $945,31 $852,388 $1,456,13 $1,56,154 $977,132-7% AVERAGE SALE PRICE $917,27 $814,348 $1,335,29 $997,622 $924,583-7% TOTAL SFH SOLD 5 71 4 71 56-21% DISCOUNT RATIO 97% 96% 92% 94% 95% AVERAGE SALE PRICE TOTAL SFH SOLD Q3 $4,5, 14 $4,, 12 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. $3,5, $3,, $2,5, $2,, $1,5, $5, 1 8 6 4 2 SINGLE FAMILY HOMES Q3 (216 v 215) AVERAGE LIST PRICE $4,125,818 $2,29,271 $2,674,615 $4,45, $3,179,957-29% AVERAGE SALE PRICE $3,437,415 $2,23, $2,516,615 $4,241,458 $3,51,429-28% TOTAL SFH SOLD 11 7 13 5 7 4% DISCOUNT RATIO 83% 1% 94% 95% 96% CARPINTERIA - SUMMERLAND SANTA BARBARA HOPE RANCH MONTECITO GOLETA SANTA YNEZ
AVERAGE SALE PRICE TOTAL SFH SOLD Q3 $1,4, $1,4, 24 25 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 $1,2, $1,2, 23 2 22 $8, $8, 21 15 $4, 2 1 $4, $2, 19 5 $2, 18 Mountains and the majestic palm trees. 21 211 212 213 214 SINGLE FAMILY HOMES Q3 (216 v 215) AVERAGE LIST PRICE $989,384 $1,14,38 $1,22,876 $1,111,829 $1,298,444 17% AVERAGE SALE PRICE $944,744 $996,616 $1,192,633 $1,81,175 $1,262,55 17% TOTAL SFH SOLD 23 226 23 235 215-9% DISCOUNT RATIO 95% 98% 98% 97% 97% AVERAGE SALE PRICE TOTAL SFH SOLD Q3 25 $9, GOLETA $8, $7, 2 15 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. $5, $4, $3, $2, $1, 1 5 SINGLE FAMILY HOMES Q3 (216 v 215) AVERAGE LIST PRICE $716,659 $767,888 $76,395 $815,93 $872,963 7% AVERAGE SALE PRICE $669,29 $757,98 $756,287 $89,491 $859,326 6% TOTAL SFH SOLD 163 154 15 195 134-31% DISCOUNT RATIO 93% 99% 99% 99% 98% sothebyshomes.com/santabarbara
AVERAGE SALE PRICE TOTAL SFH SOLD Q3 $1,4, 6 SANTA YNEZ The Santa Ynez Valley is home to many worldrenown vineyards and wineries as well as recognized horse breeding ranches. Other local attractions include the majestic Los Padres National Forest, Old Mission Santa Inez, golf courses, and the historic Carriage House Museum that depicts relics of Santa Ynez s past as a stage coach stop. Santa Ynez Valley real estate includes luxury homes and equestrian properties. $1,2, $8, $4, $2, 5 4 3 2 1 SINGLE FAMILY HOMES Q3 (216 v 215) AVERAGE LIST PRICE $1,392,42 $1,328,846 $1,273,414 $775,346 $983,18 27% AVERAGE SALE PRICE $1,223,995 $1,234,855 $1,139,32 $742,969 $923,493 24% TOTAL SFH SOLD 38 49 46 48 49 2% DISCOUNT RATIO 88% 93% 89% 96% 94% FEATURED LISTINGS THE HAMPTONS IN SANTA BARBARA Carpinteria, CA Web ID: 632516 $26,5, This magnificent Cape Cod-style oceanfront estate features a wondrous home and comfortable, private guest house on nearly 1.5 acres in the prestigious gated Sand Point beach colony near Montecito, CA. Montecito Upper Village Road Brokerage Cristal Clarke 85.886.9378 HISTORIC HACIENDA Montecito, CA Web ID: 63253 $12,5, This sprawling, historic hacienda is the original Oak Creek Canyon Ranch house. It sits atop 6 acres, with sweeping views of the mountains, the ocean and the Channel Islands. Montecito Upper Village Road Brokerage Dave Kent 85.969.2149
ON THE MARKET left to right from top to bottom: METROPOLITAN MARKETS GREENWICH, CT Web: 68155 $5,25, NEW YORK, NY Web: 111133 $4,5, SAN FRANCISCO, CA Web: 88167 $4,995, RESORT MARKETS MALIBU, CA Web: 1318 $4,495, PALM BEACH, FL Web: 76898 $4,985, NAPA VALLEY, CA Web: 244147 $4,25, FOREIGN MARKETS SOUTH AFRICA Web: LDKL3H R 77 ZAR CHINA Web: JVEBHK 31,2, CNY ST. BARTHELEMY Web: GKBQQ6 5.3. EUR sothebysrealty.com
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