santa barbara market update | q2 2014
DESCRIPTION
Known as the American Riviera, Santa Barbara is truly one of California’s most vibrant and beautiful cities. This Market Report includes data pulled from the Santa Barbara MLS from Carpinteria to Goleta North.TRANSCRIPT
Santa Barbara Market UpdateSecond Quarter 2014
Santa BarBara BrokerageS
Montecito Coast Village Road Brokerage | t. 805.969.9993
Montecito Upper Village Brokerage | t. 805.969.5005
Santa Barbara Brokerage | t. 805.963.1391
Santa Ynez Valley Brokerage | t. 805.688.4200
sothebyshomes.com
Montecito, CA | web: 0113818
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
single family homes | Q2 2010 2011 2012 2013 2014 % Change(2014 v 2013)
average liSt Price $1,110,270 $921,719 $850,393 $999,346 $1,195,462 20%
average Sold Price $1,044,798 $870,662 $821,714 $983,431 $1,171,269 19%
total SfH Sold 175 157 238 264 229 -13%
diScount ratio 94% 94% 97% 98% 98%
Santa BarBaraknown 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
Mountains and the majestic palm trees.
average Sale Price | total SfH Sold | q2
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$0
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2010 2011 2012 2013 2014
Montecito Santa Barbara Carpinteria | Summerland Hope Ranch Goleta
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2010 2011 2012 2013 2014
Average Sale Price Total SFH Sold
carPinteria / SuMMerlandthe 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.
MONteCItO | SANtA BARBARA | CARpINteRIA - SUMMeRLANd | hOpe RANCh | GOLetA
HoPe rancHthe 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.
single family homes | Q2 2010 2011 2012 2013 2014 % Change(2014 v 2013)
average liSt Price $1,057,744 $872,648 $1,256,377 $647,626 $1,631,904 152%
average Sold Price $892,658 $790,411 $1,114,040 $639,227 $1,525,136 139%
total SfH Sold 43 57 47 73 50 -32%
diScount ratio 84% 91% 89% 99% 93%
single family homes | Q2 2010 2011 2012 2013 2014 % Change(2014 v 2013)
average liSt Price $4,778,750 $3,090,111 $2,338,000 $2,967,143 $2,698,667 -9%
average Sold Price $4,347,500 $2,839,444 $2,113,150 $2,869,030 $2,554,722 -11%
total SfH Sold 4 9 5 7 9 29%
diScount ratio 91% 92% 90% 97% 95%
average Sale Price | total SfH Sold | q2
average Sale Price | total SfH Sold | q2
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2010 2011 2012 2013 2014
Average Sale Price Total SFH Sold
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2010 2011 2012 2013 2014
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Montecitothe 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.
goletagoleta 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.
sothebyshomes.com/santabarbara
single family homes | Q2 2010 2011 2012 2013 2014 % Change(2014 v 2013)
average liSt Price $4,174,731 $2,951,821 $3,356,208 $2,995,087 $4,083,912 36%
average Sold Price $3,740,524 $2,708,644 $3,078,335 $2,852,497 $3,742,004 31%
total SfH Sold 45 56 88 79 68 -14%
diScount ratio 90% 92% 92% 95% 92%
single family homes | Q2 2010 2011 2012 2013 2014 % Change(2014 v 2013)
average liSt Price $676,231 $620,833 $618,823 $755,439 $766,440 1%
average Sold Price $650,053 $592,892 $596,954 $749,917 $756,908 1%
total SfH Sold 134 86 164 166 140 -16%
diScount ratio 96% 95% 96% 99% 99%
average Sale Price | total SfH Sold | q2
average Sale Price | total SfH Sold | q2
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2010 2011 2012 2013 2014
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2010 2011 2012 2013 2014
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left to right from top to bottom:
MetroPolitan MarketS
hOUStON, tX | Web: 1240193 | $3,349,000
NeW YORk, NY | Web: 0137209 | $3,300,000
LOS ANGeLeS, CA | Web: 0355159 | $3,695,000
reSort MarketS
eASt hAMptON, NY | Web: 0046319 | $3,185,000
OSteRVILLe, MA | Web: 0402843 | $2,395,000
SANtA Fe, NM | Web: 0574992 | $3,995,000
foreign MarketS
tURkS & CAICOS | Web: Rh2hZL | $3,850,000
SpAIN | Web: VWMSeG | $3,651,914
CANAdA | Web: kJpXGZ | $2,947,737
sothebysrealty.com
On the market arOund the glObe
santa barbara area sIgnIFICant sales | Q2 2014
monteCito | fernald Point Showcase | Offered at $28,000,000Montecito coast village road | Suzanne Perkins 805.895.2138Suzanne Perkins represented the buyer.
summerland | Jewel on the Pacific | Offered at $8,950,000Santa Barbara Brokerage | adam Mckaig 805.452.6884Adam McKaig represented the seller.
Carpinteria | oceanfront luxury | Offered at $8,650,000Santa Barbara Brokerage | c. o’neill 805.886.7760, t. doré 805.689.1052Cathy O’Neill and Tiffany Doré represented the buyer.
Carpinteria | Beach cottage retreat | Offered at $7,500,000Montecito upper village | c. clarke 805.886.9378, n. copley 805.455.4419Cristal Clarke represented the seller. Nigel Copley represented the buyer.
santa BarBara | Marina drive | Offered at $5,750,000Montecito coast village road | Suzanne Perkins 805.895.2138Suzanne Perkins represented the seller.
Carpinteria | Modernist-style retreat | Offered at $5,390,000Montecito coast village road | Harry kolb 805.452.2500Harry Kolb represented the seller.
Carpinteria | elegant ocean-view Home | Offered at $4,550,000Montecito coast village road | B. lamborn 805.689.6800, M. cook 805.570.3183Bob Lamborn and Michelle Cook represented the seller.
monteCito | relaxed Sophistication | Offered at $4,395,000Montecito upper village | cristal clarke 805.886.9378Cristal Clarke represented the seller.
monteCito | a Montecito gem | Offered at $3,875,000 Montecito upper village | dave kent 805.969.2149Dave Kent represented the seller.
santa BarBara | riviera Spanish-style | Offered at $3,650,000Santa Barbara Brokerage | M. calcagno 805.896.0876, n. Hamilton 805.451.4442, Santa Barbara Brokerage | alex rouffaer 805.963.1391Michael, Nancy and Alex represented the seller.
ojai | Majestic ojai villa | Offered at $3,595,000Montecito upper village | lisa clark 805.698.5986Sunset Strip Brokerage | cameron clark 818.606.4048Lisa Clark and Cameron Clark represented the seller.
gaviota | 117 Hollister ranch road | Offered at $2,795,000Montecito coast village road | dan Johnson 805.895.5150Dan Johnson represented the seller and the buyer.
santa barbara area sIgnIFICant sales | Q2 2014
monteCito | Montecito Beach cottages | Offered at $2,750,000Santa Barbara Brokerage | n. Hamilton 805.451.4442, M. calcagno 805.896.0876Nancy Hamilton and Michael Calcagno represented the seller.
santa BarBara | romantic riviera estate | Offered at $2,695,000Santa Barbara Brokerage | Justin corrado 805.451.9969Justin Corrado represented the seller.
santa BarBara | campanil view Home | Offered at $2,595,000Montecito coast village road | dan Johnson 805.895.5150Dan Johnson represented the seller.
santa BarBara | Spacious luxury residence | Offered at $2,500,000Santa Barbara Brokerage | M.calcagno 805.896.0876 & n. Hamilton 805.451.4442Santa Barbara Brokerage | diane Waterhouse 805.886.2988Michael & Nancy represented the seller. Diane represented the buyer.
santa BarBara | Santa Barbara views | Offered at $2,495,000Santa Barbara Brokerage | larry Martin 805.895.6872Larry Martin represented the buyer.
santa BarBara | 524 via Sinuosa | Offered at $2,450,000Montecito coast village road | dan Johnson 805.895.5150Dan Johnson represented the buyer.
santa BarBara | eucalyptus Hill retreat | Offered at $2,395,000Montecito coast village road | Harry kolb 805.452.2500Harry Kolb represented the seller.
santa BarBara | endless riviera | Offered at $2,370,000Montecito coast village road | nick Svensson 805.895.2957Nick Svensson represented the buyer.
monteCito | Montecito Privacy | Offered at $2,400,000Montecito coast village road | Maureen Mcdermut 805.570.5545Maureen McDermut represented the buyer.
santa BarBara | country in the city | Offered at $2,295,000Santa Barbara Brokerage | Paula goodwin 805.451.5699Montecito upper village | Sandy Stahl 805.689.1602Paula Goodwin represented the seller. Sandy Stahl represented the buyer.
monteCito | classic colonial-style | Offered at $2,129,000Santa Barbara Brokerage | B. green 805.452.9003, P. goodwin 805.451.5699Barbara Green and Paula Goodwin represented the buyer.
santa BarBara | vintage Montecito | Offered at $2,080,000Santa Barbara Brokerage | t. doré 805.689.1052, c. o’neill 805.886.7760Tiffany Doré and Cathy O’Neill represented the buyer.
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