Embed Size (px)
Citation preview
Compiled Data from theSanta Barbara Multiple Listing Service
as of3/5/2020
Monthly MLS Statistics
FEBRUARY 2020
1
FEBRUARY 1 – FEBRUARY 29
Home Estate/PUD
Districts 05-35
2
TotalTotal List
Volume
Median List
Price
Average
List PriceDOM CDOM
Total Sold
Volume
Median
Sold Price
Average
Sold PriceSP/LP SP/OLP
Sold 78 $149,626,499 $1,187,000 $1,918,288 91 109 $143,688,974 $1,189,500 $1,842,166 96.03 88.37
List/Sold 15 $38,855,000 $1,795,000 $2,590,333 77 86 $37,734,500 $1,825,000 $2,515,633 97.12 89.74
Co-Broker 63 $110,771,499 $1,149,000 $1,758,277 95 115 $105,954,474 $1,140,000 $1,681,817 95.65 87.90
New 121 $328,968,597 $1,629,000 $2,718,748 14 50
Pending 87 $180,841,600 $1,350,000 $2,078,639 55 69
Withdrawn 7 $10,622,000 $925,000 $1,517,428 59 59
Cancelled 21 $81,671,499 $3,299,999 $3,889,119 210 216
Expired 17 $103,025,000 $3,895,000 $6,060,294 274 325
Back On Market 16 $62,055,400 $1,444,950 $3,878,462 180 211
Extended 33 $220,381,900 $2,395,000 $6,678,239 234 265
Active In Range 428 $1,955,656,695 $2,495,000 $4,569,291 106 137
Current Active 292 $1,624,750,198 $2,995,000 $5,564,213 142 184
3
FEBRUARY 2020
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 78 $149,626,499 $1,187,000 $1,918,288 91 109 $143,688,974 $1,189,500 $1,842,166 96.03 88.37
Pending 87 $180,841,600 $1,350,000 $2,078,639 55 69
FEBRUARY 2019
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 $164,140,150 $1,375,000 $2,311,833 63 78 $152,742,148 $1,350,000 $2,151,297 93.06 90.20
Pending 77 $144,833,551 $1,335,000 $1,880,955 55 69
List Price Range Number of Listings Average Days To Sold CDOM
$500,000-$549,999 1 24 24
$550,000-$599,999 1 81 81
$650,000-$699,999 2 10 10
$700,000-$749,999 5 57 58
$750,000-$799,999 3 42 42
$800,000-$849,999 4 48 48
$850,000-$899,999 2 6 19
$900,000-$949,999 5 9 19
$950,000-$999,999 2 99 99
$1,000,000-$1,099,999 6 36 90
$1,100,000-$1,199,999 8 56 65
$1,200,000-$1,299,999 4 35 35
$1,300,000-$1,399,999 3 425 425
5
$1,400,000-$1,499,999 1 140 282
$1,500,000-$1,599,999 3 63 63
$1,600,000-$1,699,999 4 13 13
$1,700,000-$1,799,999 1 10 10
$1,800,000-$1,899,999 3 201 201
$1,900,000-$1,999,999 4 143 148
$2,000,000-$2,249,999 2 66 416
$2,250,000-$2,499,999 1 211 211
$2,500,000-$2,749,999 1 7 7
$2,750,000-$2,999,999 3 30 30
$3,750,000-$3,999,999 1 1 1
$4,250,000-$4,499,999 2 66 66
$5,000,000+ 6 322 332
6
List Price Range Number of Listings Average Days To Sold CDOM
7
The average price for the 78 properties is $1,842,166
The highest price is $8,300,000
The median price is $1,179,000
The lowest price is $541,660
The average Market Time is 91
The average Continuous Market Time is 109
3511 Sea Ledge Ln
618 W Mission St
HOME ESTATES / PUD
➢ Number of Sales
➢ Median Sales Price
➢ Home Estate/PUDs Entering Escrow
➢ Number of Listings
➢ Median List Price
8
71
8173
6974
0
200
2012 2013 2014 2015 2016
9
130
142
127137
153
0
20
40
60
80
100
120
140
160
2016 2017 2018 2019 2020
$1,310,000
$1,097,500
$1,394,000$1,413,000
$1,250,700
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2016 2017 2018 2019 202010
754
186181
158
177
0
50
100
150
200
2016 2017 2018 2019 2020
446
506
449
510
469
100
200
300
400
500
600
2016 2017 2018 2019 2020
13
$1,344,500
$1,707,000
$1,395,000 $1,425,000
$1,300,000
$0
$400,000
$800,000
$1,200,000
$1,600,000
2016 2017 2018 2019 2020
Last Year vs. This Year
FEBRUARYfor Home Estate/PUDs
Districts 05-35
14
Total Active Listings
2019 ~ 510 2020 ~ 469
DOWN -8%
New Listings2019 ~ 256 2020 ~ 260
UP +1.6%
Median List Price2019 ~ $1,425,000 2020 ~ $1,300,000
DOWN -8.8%
Properties that went into Escrow2019 ~ 158 2020 ~ 177
UP +12%15
Sold Properties
2019 ~ 137 2020 ~ 153UP +11.7%
Median Sales Price
2019 ~ $1,413,000 2020 ~ $1,250,700DOWN -11.5%
Median Sales Prices w/o Hope Ranch/Montecito
2019 ~ $1,205,750 2020 ~ $1,135,000DOWN -5.9%
Average Sold Price
2019 ~ $2,336,545 2020 ~ $1,786,121DOWN -23.6%
Average Sold Price w/o Hope Ranch/Montecito
2019 ~ $1,695,344 2020 ~ $1,472,776DOWN -13%
Sold Volume
2019 ~ $320,106,752 2020 ~ $273,276,527DOWN -14.6%
16
February 2019 to February 2020
Month by MonthHome Estate/PUDs
Districts 05-35
17
71
8994
111118
104107
101
92
81
123
7578
0
20
40
60
80
100
120
140
160
Feb Mar April May June July Aug Sept Oct Nov Dec Jan Feb
18
$1,350,000
$1,225,000
$1,395,000
$1,313,000
$1,205,000
$1,322,495$1,300,000
$1,270,000$1,289,975
$1,272,700$1,275,000
$1,365,000
$1,189,500
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
Feb Mar Apri May June July Aug Sept Oct Nov Dec Jan Feb
19
HE/PU Active Listings For the Last 6 Months
352 352
410
442460 466 473
441
414
343 347
382 379
0
100
200
300
400
500
Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb20
HE/PU Active Listings for the Last 12 Months
Perspective
for Home Estates
2002-2020
21
171
133
165
149
121130
96 93
106
91
139
162
130 126130
142
127137
153
0
50
100
150
200
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Number of HE/PU Sales ~ District 05-35
YTD ’02 to ‘20
22
$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$1,413,000
$1,250,700
$100,000
$300,000
$500,000
$700,000
$900,000
$1,100,000
$1,300,000
$1,500,000
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Median Sales Price of HE/PUD ~ District 05-35
YTD ’02 to ’20
23
Condos
Districts 05-35
FEBRUARY 1 – FEBRUARY 29
24
TotalTotal List
Volume
Median List
Price
Average List
PriceDOM CDOM
Total Sold
Volume
Median
Sold Price
Average
Sold PriceSP/LP SP/OLP
Sold 31 $27,199,200 $629,000 $877,393 60 83 $26,612,000 $629,000 $858,451 97.84 95.83
List/Sold 5 $5,195,800 $625,000 $1,039,160 53 159 $5,012,800 $615,000 $1,002,560 96.48 94.19
Co-Broker 26 $22,003,400 $637,000 $846,284 61 72 $21,599,200 $635,500 $830,738 98.16 96.21
New 42 $38,912,101 $781,950 $926,478 12 12
Pending 34 $30,384,601 $716,950 $893,664 75 105
Withdrawn 1 $2,050,000 $2,050,000 $2,050,000 1 1
Cancelled 3 $2,440,000 $515,000 $813,333 216 216
Expired 6 $6,268,000 $969,500 $1,044,666 181 200
Back On Market 9 $13,059,000 $999,000 $1,451,000 87 120
Extended 9 $18,428,000 $1,125,000 $2,047,555 182 182
Active In Range 109 $140,899,046 $995,000 $1,292,651 83 99
Current Active 68 $106,221,445 $1,208,500 $1,562,080 129 156
25
26
February 2020
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 31 $27,199,200 $629,000 $877,393 60 83 $26,612,000 $629,000 $858,451 97.84 95.83
Pending 34 $30,384,601 $716,950 $893,664 75 105
February 2019
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 $22,544,580 $595,000 $777,399 76 96 $22,335,099 $590,000 $770,175 99.07 92.79
Pending 37 $27,857,870 $670,000 $752,915 57 65
List Price Range Number of Listings Average Days To Sold CDOM
$450,000-$499,999 4 48 67
$500,000-$549,999 3 24 24
$550,000-$599,999 7 44 44
$600,000-$649,999 3 14 14
$650,000-$699,999 2 137 137
$700,000-$749,999 1 182 182
$750,000-$799,999 1 12 12
$1,100,000-$1,199,999 4 74 74
$1,200,000-$1,299,999 3 70 70
$1,500,000-$1,599,999 1 142 142
$1,800,000-$1,899,999 1 108 314
$2,500,000-$2,749,999 1 22 549
27
The average price for the 31 properties is $858,451
The highest price is $2,570,000
The median price is $629,000
The lowest price is $450,000
The average Market Time is 60 The average Continuous Market Time is 86
128 Anacapa St
28
483 Linfield Pl
➢ Number of Sales
➢ Median Sales Price
➢ Condos Entering Escrow
➢ Number of Listings
➢ Median List Price
CONDO STATISTICS
29
53 53 5250
52
0
10
20
30
40
50
60
2016 2017 2018 2019 202030
$640,000
$563,000$611,450
$722,500
$662,500
$0
$150,000
$300,000
$450,000
$600,000
$750,000
$900,000
2016 2017 2018 2019 2020
31
5861
70 7168
0
20
40
60
80
2016 2017 2018 2019 202032
130
97
172 172
136
0
50
100
150
200
2016 2017 2018 2019 202033
$705,750 $717,000
$614,950
$715,995
$662,500
$0
$200,000
$400,000
$600,000
$800,000
2016 2017 2018 2019 202034
Last Year vs. This Year
Februaryfor Condos
Districts 05-35
35
Total Active Listings
2019 ~ 172 2020 ~ 136DOWN -20.9%
New Listings2019 ~ 92 2020 ~ 72
DOWN -21.7%
Median List Price2019 ~ $715,995 2020 ~ $682,500
DOWN -4.7%
Properties that went into Escrow2019 ~ 71 2020 ~ 68
DOWN -4.2%36
Sold Properties
2019 ~ 50 UP +4% 2020 ~ 52
Median Sold Price
2019 ~ $722,500 2020 ~ $662,500DOWN -8.3%
Median Sold Price w/o Montecito
2019 ~ $717,000 2020 ~ $650,000DOWN -9.3%
Average Sold Price
2019 ~ $816,200 2020 ~ $882,730UP +8.2%
Average Sold Price w/o Montecito
2019 ~ $800,857 2020 ~ $819,427
UP +2.3%
Sold Volume
2019 ~ $40,810,010 2020 ~ $45,901,969UP +12.5% 37
February 2019 to February 2020
Month by Monthfor Condos
Districts 05-35
38
29
41
36
43
39
45
29
33
39
29
37
21
31
0
5
10
15
20
25
30
35
40
45
50
Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb
39
$590,000
$690,000
$638,742$650,000 $645,000
$620,000
$675,000$670,000$643,500
$945,000
$725,000 $723,500
$629,000
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb
40
110115
108
98
108
100
108
94
108
96 98102
0
35
70
105
140
Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb
41
Condo Active Listings for the Last 12 Months
Perspective
for Condos
2002-2020
42
65
57
69
55
50
57
33
22
39
32 32
54
48
52 53 5352
5052
0
10
20
30
40
50
60
70
80
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Number of CO Sales from 05-35YTD ’02 to ‘20
43
$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
$722,500
$662,500
$0
$175,000
$350,000
$525,000
$700,000
$875,000
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Median Sales Price of COs from 05-35YTD ‘02 to ‘20
44
Statistics Through February 2020
All information compiled from theSanta Barbara
Multiple Listing Service Dataon 3/5/2020
45
