Santa Barbara Real Estate Statistical Update
Year End 2018 South Coast Snapshot…
Total sales at 1,801 units along the South Coast finished 2018 almost flat at -0.5%. Average price for
single family homes at $1,742,749. finished 2018 +3%. Median sales price for single family homes at
$1,200,000. finished the year -2%. Average sales price for condos at $782,685 finished up 4%. Median
sales price for condos at 680,000. finished up 7%.
There is 4.10 months of supply on the market.
Average number of days on the market for single family homes is 67 days.
Average number of days on the market for condos is 60 days.
The majority of sales are below $3,000,000.
Year over Year Price Report
Santa Barbara Average Price $1,334,863. +3%
Santa Barbara Median Price $1,077,500. -9%
Montecito Average Price $3,222,267. +26%
Montecito Median Price $2,819,000. +24%
Hope Ranch Average Price – no sales in Dec 2018.
Hope Ranch Median Price – no sales in Dec 2018.
Carpinteria Average Price $1,566,846. +51%
Carpinteria Median Price $950,000. +17%
Goleta Average Price $1,021,491. -5%
Goleta Median Price $841,000 -2%
CORT data as of December 31, 2018
For more information call or text Wendy Gragg at 805.453.3371
