february 2018 2018... · 2018. 3. 8. · compiled data from the santa barbara multiple listing...

45
Compiled Data from the Santa Barbara Multiple Listing Service as of 3/5/2018 Monthly MLS Statistics FEBRUARY 2018 1

Upload: others

Post on 22-Aug-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

  • Compiled Data from theSanta Barbara Multiple Listing Service

    as of3/5/2018

    Monthly MLS Statistics

    FEBRUARY 2018

    1

  • FEBRUARY 1 – FEBRUARY 28

    Home Estate/PUDDistricts 05-35

    2

  • Total Total List VolumeMedian List Price

    Average List Price DOM CDOM

    Total Sold Volume

    Median Sold Price

    Average Sold Price SP/LP SP/OLP

    Sold 73 $138,487,500 $1,337,000 $1,897,089 52 76 $132,441,793 $1,318,000 $1,814,271 95.63 89.51

    List/Sold 14 $33,127,000 $1,315,000 $2,366,214 96 123 $30,032,455 $1,284,000 $2,145,175 90.66 73.71

    Co-Broker 59 $105,360,500 $1,337,000 $1,785,771 42 64 $102,409,338 $1,318,000 $1,735,751 97.20 95.51

    New 133 $268,564,099 $1,499,000 $2,019,278 15 45

    Pending 93 $207,202,500 $1,300,000 $2,227,983 42 60

    Withdrawn 14 $91,952,000 $2,847,500 $6,568,000 136 1

    Cancelled 15 $73,537,000 $3,250,000 $4,902,466 1 1

    Expired 22 $85,096,500 $2,009,500 $3,868,022 1 1

    Back On Market 20 $64,847,638 $1,434,000 $3,242,381 1 147

    Extended 46 $167,657,038 $2,145,000 $3,644,718 1 1

    Active In Range 336 $1,730,934,436 $2,195,000 $5,151,590 128 161

    Current Active 269 $1,465,396,036 $2,200,000 $5,447,568 148 186

    3

  • FEBRUARY 2018

    Total Total List Volume Median List Price Average List Price DOM CDOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP

    Sold 73 $138,487,500 $1,337,000 $1,897,089 52 76 $132,441,793 $1,318,000 $1,814,271 95.63 89.51 Pending 93 $207,202,500 $1,300,000 $2,227,983 42 60

    FEBRUARY 2017

    Total

    Total List Volume

    Median List Price

    Average List Price

    DOM CDOM Total Sold

    Volume Median Sold

    Price Average Sold

    Price SP/LP SP/OLP

    Sold 71 $122,573,900 $1,199,900 $1,726,392 60 81 $118,706,579 $1,179,000 $1,671,923 92.64 10.04

    Pending 103 $187,795,195 $1,295,000 $1,823,254 66 89

    Total

    Total List Volume

    Median List Price

    Average List Price

    DOM

    CDOM

    Total Sold Volume

    Median Sold Price

    Average Sold Price

    SP/LP

    SP/OLP

    Sold

    73

    $138,487,500

    $1,337,000

    $1,897,089

    52

    76

    $132,441,793

    $1,318,000

    $1,814,271

    95.63

    89.51

    Pending

    93

    $207,202,500

    $1,300,000

    $2,227,983

    42

    60

     

     

     

     

     

    Total

    Total List Volume

    Median List Price

    Average List Price

    DOM

    CDOM

    Total Sold Volume

    Median Sold Price

    Average Sold Price

    SP/LP

    SP/OLP

    Sold

    71

    $122,573,900

    $1,199,900

    $1,726,392

    60

    81

    $118,706,579

    $1,179,000

    $1,671,923

    92.64

    10.04

    Pending

    103

    $187,795,195

    $1,295,000

    $1,823,254

    66

    89

     

     

     

     

  • List Price Range

    Number of Listings

    Average DaysTo Sold

    CDOM

    $650,000-$699,999 1 6 6

    $750,000-$799,999 2 126 126

    $800,000-$849,999 5 16 16

    $850,000-$899,999 4 45 45

    $900,000-$949,999 5 17 17

    $950,000-$999,999 3 15 15

    $1,000,000-$1,099,999 5 71 71

    $1,100,000-$1,199,999 5 39 46

    $1,200,000-$1,299,999 5 18 33

    $1,300,000-$1,399,999 5 9 9

    $1,400,000-$1,499,999 1 4 4

    $1,500,000-$1,599,999 3 16 67

    $1,600,000-$1,699,999 3 44 44

    5

  • $1,700,000-$1,799,999 2 34 34

    $1,800,000-$1,899,999 1 80 80

    $1,900,000-$1,999,999 2 4 70

    $2,000,000-$2,249,999 6 47 47

    $2,250,000-$2,499,999 3 103 113

    $2,500,000-$2,749,999 2 38 38

    $2,750,000-$2,999,999 3 60 145

    $3,000,000-$3,249,999 1 1 208

    $3,500,000-$3,749,999 1 155 316

    $3,750,000-$3,999,999 1 250 250

    $4,250,000-$4,499,999 2 109 235

    $5,000,000+ 2 346 537

    List Price Range

    Number of Listings CDOM

    Average DaysTo Sold

    6

  • 7

    The average price for the 73 properties is $1,814,271 The highest price is $11,500,000 The median price is $1,318,000 The lowest price is $685,000 The average Market Time is 52 The average Continuous Market Time is 76

    4145 Creciente Dr

    1902 Bath St

    The average price for the 73 properties is $1,814,271

    The highest price is $11,500,000

    The median price is $1,318,000

    The lowest price is $685,000

    The average Market Time is 52

    The average Continuous Market Time is 76

  • HOME ESTATES / PUD Number of Sales

    Median Sales Price

    Home Estate/PUDs Entering Escrow

    Number of Listings

    Median List Price8

  • 7181

    73 69 74

    0

    200

    2012 2013 2014 2015 2016

    9

    130126 130

    142

    127

    0

    20

    40

    60

    80

    100

    120

    140

    160

    2014 2015 2016 2017 2018

  • $1,087,500 $1,000,000

    $1,310,000

    $1,097,500

    $1,394,000

    $0

    $500,000

    $1,000,000

    $1,500,000

    2014 2015 2016 2017 2018 10

  • 134

    192

    152

    186 181

    0

    25

    50

    75

    100

    125

    150

    175

    200

    2014 2015 2016 2017 2018

  • 557

    446

    506

    449

    100

    200

    300

    400

    500

    600

    2015 2016 2017 2018

  • $1,295,000

    $1,495,000

    $1,344,500

    $1,707,000

    $1,395,000

    $100,000

    $400,000

    $700,000

    $1,000,000

    $1,300,000

    $1,600,000

    $1,900,000

    2014 2015 2016 2017 201813

  • Last Year vs. This YearFEBRUARY

    for Home Estate/PUDsDistricts 05-35

    14

  • Total Active Listings2017 ~ 506 2018 ~ 449

    DOWN -11.3%New Listings2017 ~ 244 2018 ~ 253

    UP +3.7%

    Median List Price2017 ~ $1,707,000 2018 ~ $1,395,000

    DOWN -18.3%

    Properties that went into Escrow2017 ~ 186 2018 ~ 181

    DOWN +2.7%15

  • Sold Properties2017 ~ 142 2018 ~ 127

    DOWN -10.6%Median Sales Price2017 ~ $ 1,097,500 2018 ~ $1,394,000

    UP +27%Median Sales Prices w/o Hope Ranch/Montecito2017 ~ $ 986,795 2018 ~ $1,175,000

    UP +19.1%Average Sold Price2017 ~ $1,633,610 2018 ~ $1,804,125

    UP +10.4%Average Sold Price w/o Hope Ranch/Montecito2017 ~ $1,216,784 2018 ~ $1,388,467

    UP +14.1%Sold Volume2017 ~ $231,972,642 2018 ~ $229,123,981

    DOWN -1.2%

    16

  • February 2017 to February 2018Month by Month

    Home Estate/PUDsDistricts 05-35

    17

  • 54

    85

    104112

    105

    83

    114

    100

    78

    98

    88

    54

    73

    0

    20

    40

    60

    80

    100

    120

    140

    Feb Mar Apr May June Jul Aug Sept Oct Nov Dec Jan Feb

    18

  • $1,267,500$1,225,000

    $1,174,500

    $1,125,000$1,173,000

    $1,210,000

    $1,050,000

    $1,200,000

    $991,250

    $1,069,500

    $1,435,000$1,477,499

    $1,318,000

    $400,000

    $600,000

    $800,000

    $1,000,000

    $1,200,000

    $1,400,000

    $1,600,000

    Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb19

  • HE/PU Active Listings For the Last 6 Months

    320

    359 367391

    418404 409

    388

    357

    326

    262 259 269

    0

    100

    200

    300

    400

    500

    Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb 20

    HE/PU Active Listings for the Last 12 Months

  • Perspectivefor Home Estates

    2001-2018

    21

  • 119

    171

    133

    165

    149

    121130

    96 93

    106

    91

    139

    162

    130 126 130

    142

    127

    0

    100

    200

    2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    Number of HE/PU Sales ~ District 05-35 Jan – YTD ’01 to ‘18

    22

  • $580,000$634,500

    $775,000

    $952,500

    $1,170,000$1,160,000

    $1,057,500

    $1,250,000

    $842,500$775,000

    $829,300$761,000

    $877,250

    $1,087,500

    $1,000,000

    $1,310,000

    $1,097,500

    $1,394,000

    $0

    $200,000

    $400,000

    $600,000

    $800,000

    $1,000,000

    $1,200,000

    $1,400,000

    $1,600,000

    2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    Median Sales Price of HE/PUD ~ District 05-35 Jan – YTD ’01 to ’18

    23

  • CondosDistricts 05-35

    FEBRUARY 1 – FEBRUARY 28

    24

  • Total Total List VolumeMedian List Price

    Average List Price DOM CDOM

    Total Sold Volume

    Median Sold Price

    Average Sold Price

    SP/LP SP/OLP

    Sold 29 $22,317,500 $675,000 $769,568 51 58 $22,050,538 $670,000 $760,363 98.80 96.10

    List/Sold 6 $4,102,800 $715,000 $683,800 23 40 $4,108,338 $715,000 $684,723 100.13 99.07

    Co-Broker 23 $18,214,700 $650,000 $791,943 58 62 $17,942,200 $637,500 $780,095 98.50 95.45

    New 61 $47,843,710 $677,500 $784,323 17 32

    Pending 34 $31,916,151 $796,950 $938,710 74 85

    Withdrawn 1 $895,000 $895,000 $895,000 13 1

    Cancelled 4 $3,563,900 $909,950 $890,975 1 1

    Expired 2 $991,500 $495,750 $495,750 1 1

    Back On Market 9 $6,626,400 $699,000 $736,266 1 89

    Extended 12 $13,679,903 $682,000 $1,139,991 1 1

    Active In Range 120 $140,750,336 $821,500 $1,172,919 79 103

    Current Active 102 $126,200,336 $837,105 $1,237,258 89 118

    25

  • 26

    February 2018

    Total Total List Volume Median List Price Average List Price DOM CDOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP

    Sold 29 $22,317,500 $675,000 $769,568 51 58 $22,050,538 $670,000 $760,363 98.80 96.10 Pending 34 $31,916,151 $796,950 $938,710 74 85

    February 2017

    Total Total List Volume Median List Price Average List Price DOM CDOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP

    Sold 30 $19,772,000 $569,500 $659,066 52 56 $19,334,000 $560,000 $644,466 97.78 95.48 Pending 31 $21,269,690 $579,000 $686,119 57 94

    Total

    Total List Volume

    Median List Price

    Average List Price

    DOM

    CDOM

    Total Sold Volume

    Median Sold Price

    Average Sold Price

    SP/LP

    SP/OLP

    Sold

    29

    $22,317,500

    $675,000

    $769,568

    51

    58

    $22,050,538

    $670,000

    $760,363

    98.80

    96.10

    Pending

    34

    $31,916,151

    $796,950

    $938,710

    74

    85

     

     

     

     

     

    Total

    Total List Volume

    Median List Price

    Average List Price

    DOM

    CDOM

    Total Sold Volume

    Median Sold Price

    Average Sold Price

    SP/LP

    SP/OLP

    Sold

    30

    $19,772,000

    $569,500

    $659,066

    52

    56

    $19,334,000

    $560,000

    $644,466

    97.78

    95.48

    Pending

    31

    $21,269,690

    $579,000

    $686,119

    57

    94

     

     

     

     

  • List Price Range

    Number of Listings

    Average DaysTo Sold CDOM

    $200,000-$249,999 1 1 1

    $350,000-$399,999 1 153 153

    $500,000-$549,999 4 41 41

    $550,000-$599,999 4 40 40

    $600,000-$649,999 4 79 79

    $650,000-$699,999 3 10 10

    $700,000-$749,999 3 39 39

    $750,000-$799,999 2 2 48

    $800,000-$849,999 2 20 20

    $850,000-$899,999 1 7 7

    $1,000,000-$1,099,999 1 119 119

    $1,100,000-$1,199,999 1 9 114

    $1,200,000-$1,299,999 1 160 160

    $2,750,000-$2,999,999 1 203 20327

  • The average price for the 29 properties is $760,363 The highest price is $2,862,500 The median price is $670,000 The lowest price is $249,800 The average Market Time is 51 The average Continuous Market Time is 58

    130 Anacapa St.

    28

    4525 Oak Glen Dr. Unit B

    The average price for the 29 properties is $760,363

    The highest price is $2,862,500

    The median price is $670,000

    The lowest price is $249,800

    The average Market Time is 51

    The average Continuous Market Time is 58

  • Number of Sales

    Median Sales Price

    Condos Entering Escrow

    Number of Listings

    Median List Price

    CONDO STATISTICS

    29

  • 4852 53 53 52

    0

    10

    20

    30

    40

    50

    60

    2014 2015 2016 2017 2018 30

  • $542,500 $556,000

    $640,000

    $563,000$611,450

    $0

    $150,000

    $300,000

    $450,000

    $600,000

    $750,000

    2014 2015 2016 2017 201831

  • 54

    75

    5861

    70

    0

    10

    20

    30

    40

    50

    60

    70

    80

    2014 2015 2016 2017 201832

  • 215

    130

    97

    172

    0

    50

    100

    150

    200

    250

    2015 2016 2017 201833

  • $564,000 $560,000

    $705,750 $717,000

    $614,950

    $0

    $200,000

    $400,000

    $600,000

    $800,000

    2014 2015 2016 2017 201834

  • Last Year vs. This YearFEBRUARYfor Condos

    Districts 05-35

    35

  • Total Active Listings2017 ~ 97 2018 ~ 172

    UP +77.3%New Listings2017 ~ 90 2018 ~ 116

    UP +28.9%Median List Price2017 ~ $717,000 2018 ~ $614,950

    DOWN -14.2%Properties that went into Escrow2017 ~ 61 2018 ~ 70

    UP +14.8%36

  • Sold Properties2017 ~ 53 2018 ~ 52

    DOWN -1.9%Median Sold Price2017 ~ $563,000 2018 ~ $611,450

    UP +8.6%Median Sales Prices w/o Montecito2017 ~ $560,000 2018 ~ $611,450

    UP +9.2%Average Sold Price2017 ~ $633,732 2018 ~ $747,335

    UP +17.9%Average Sold Price w/o Montecito

    2017 ~ $625,967 2018 ~ $747,335UP +19.4

    Sold Volume2017 ~ $33,587,800 2018 ~ $38,861,428

    UP +15.7% 37

  • February 2017 to February 2018Month by Month

    for CondosDistricts 05-35

    38

  • 25 25

    3640

    47

    33 34

    46

    3127

    33

    23

    29

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    50

    Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb

    39

  • $710,000

    $635,000

    $700,000

    $586,640$620,000

    $599,000$613,500$583,500$590,000$600,000

    $675,000

    $570,000

    $670,000

    $0

    $200,000

    $400,000

    $600,000

    $800,000

    $1,000,000

    Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb

    40

  • 10698 98

    110 112

    126131

    97

    87

    65

    82

    102

    0

    35

    70

    105

    140

    Mar Apr May June Jul Aug Sep Oct Nov Dec Jan Feb

    41

    Condo Active Listings for the Last 12 Months

  • Perspectivefor Condos2001-2018

    42

  • 48

    65

    57

    69

    5550

    57

    33

    22

    39

    32 32

    54

    4852 53 53 52

    0

    10

    20

    30

    40

    50

    60

    70

    80

    90

    2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    Number of CO Sales from 05-35Jan- YTD ’01 to ‘18

    43

  • $327,500

    $375,000

    $419,000

    $549,900

    $639,000

    $694,000

    $640,000 $615,000

    $478,500

    $430,000 $404,250

    $356,500

    $442,691

    $542,500 $556,000

    $640,000

    $563,000

    $611,450

    $0

    $175,000

    $350,000

    $525,000

    $700,000

    $875,000

    2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

    Median Sales Price of COs from 05-35Jan-Dec ‘01 to ‘18

    44

  • Statistics Through February 2018

    All information compiled from theSanta Barbara

    Multiple Listing Service Dataon 3/5/2018

    45

    �Compiled Data from the�Santa Barbara Multiple Listing Service �as of�3/5/2018FEBRUARY 1 – FEBRUARY 28Slide Number 3Slide Number 4Slide Number 5Slide Number 6Slide Number 7HOME ESTATES / PUDSlide Number 9Slide Number 10Slide Number 11Slide Number 12Slide Number 13Last Year vs. This Year�FEBRUARY�for Home Estate/PUDs�Districts 05-35Slide Number 15SOLD Properties�2017 vs. 2018 ~ YTDFebruary 2017 to February 2018�Month by Month�Home Estate/PUDs�Districts 05-35Slide Number 18Slide Number 19Slide Number 20Perspective�for Home Estates�2001-2018Slide Number 22Slide Number 23Slide Number 24Slide Number 25Slide Number 26Slide Number 27Slide Number 28CONDO STATISTICSSlide Number 30Slide Number 31Slide Number 32Slide Number 33Slide Number 34Last Year vs. This Year�FEBRUARY�for Condos�Districts 05-35Slide Number 36SOLD Properties�2017 vs. 2018 ~ YTDFebruary 2017 to February 2018�Month by Month�for Condos�Districts 05-35Slide Number 39Slide Number 40Slide Number 41Perspective�for Condos�2001-2018Slide Number 43Slide Number 44Slide Number 45