Mid-Year Real Estate Market Report

2018 Year to Date Real Estate Market Report

Santa Barbara South County through June 2018

Holy heat wave!! It's a hot one in Santa Barbara, both weather and real estate. From the numbers below we can see that the market is moving considerably, especially in the condo market. Considering that we had quite a stall at the beginning of the year as our community dealt with the aftermath of the Thomas Fire and subsequent debris flow, our sales numbers are looking strong. Average prices are up for both Single Family homes and Condominiums. The large jump in average and median prices in the condo market could be attributed to the many new condo developments popping up around town. We spent our last Saturday touring these developments (and enjoying their air conditioning) with a client. If you're interested in checking any of these out, let us know and we'd be happy to take you through.

Click here to view the comprehensive Market Report


Total Sales: 855

Single Family Homes: 604   (-7.8% over 2017)

Average Price: $1,758,494   (+5% over 2017)

Median Price: $1,202,500   (-0.4% over 2017)

  • Carpinteria: 36 Sales
    • Average Price: $1,210,792
    • Median Price: $952,750
  • Goleta: 155 Sales
    • Average Price: $1,021,797
    • Median Price: $910,000
  • Montecito: 62 Sales
    • Average Price: $4,569,016
    • Median Price: $2,812,500
  • Hope Ranch: 23 Sales
    • Average Price: $4,868,478
    • Median Price: $3,645,000
  • Santa Barbara: 323 Sales
    • Average Price: $1,418,423
    • Median Price: $1,262,000
  • Summerland: 5 Sales
    • Average Price: $1,351,700
    • Median Price: $1,225,000

    Condominiums: 251   (+6% over 2017)

    Average Price: $810,653   (+18% over 2017)

    Median Price: $670,000   (+12% over 2017)

    • Carpinteria: 37 Sales
      • Average Price: $649,405
      • Median Price: $573,000
    • Goleta: 69 Sales
      • Average Price: $650,106
      • Median Price: $585,000
    • Montecito: 9 Sales
      • Average Price: $2,352,167
      • Median Price: $1,675,000
    • Hope Ranch: N/A
    • Santa Barbara: 133 Sales
      • Average Price: $836,677
      • Median Price: $712,500
    • Summerland: 3 Sales
      • Average Price: $713,667
      • Median Price: $775,000

      Numbers provided by Fidelity National Title.

      All information provided is deemed reliable, but has not been verified & we do not guarantee it. We recommend that buyers make their own inquiries. Data collected from CORT courtesy of Fidelity National Title. 


      Dianne and Brianna Johnson

      DRE: 00947199 & 01943572

      +1 (805) 455-6570

      We know how important home is to you. We offer an individualized approach for every on...

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