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Compiled Data from the Santa Barbara Multiple Listing Service as of 5/5/2020 Monthly MLS Statistics APRIL 2020 1

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  • Compiled Data from theSanta Barbara Multiple Listing Service

    as of5/5/2020

    Monthly MLS Statistics

    APRIL 2020

    1

  • APRIL 1 – APRIL 30

    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 53 $90,437,798 $1,295,000 $1,706,373 53 66 $86,743,526 $1,229,000 $1,636,670 95.92 90.37

    List/Sold 8 $13,444,000 $1,147,000 $1,680,500 71 71 $12,892,650 $1,085,000 $1,611,581 95.90 78.14

    Co-Broker 45 $76,993,798 $1,299,000 $1,710,973 50 65 $73,850,876 $1,250,000 $1,641,130 95.92 92.91

    New 97 $294,368,800 $1,598,000 $3,034,729 15 28

    Pending 50 $86,641,900 $1,159,000 $1,732,838 47 62

    Withdrawn 16 $66,238,900 $2,297,500 $4,139,931 123 175

    Cancelled 27 $124,652,000 $2,950,000 $4,616,740 141 158

    Expired 28 $120,086,999 $2,322,500 $4,288,821 224 251

    Back On Market 18 $40,023,500 $1,682,500 $2,223,527 106 130

    Extended 39 $198,768,000 $2,995,000 $5,096,615 233 276

    Active In Range 418 $1,916,067,283 $2,480,000 $4,583,893 110 141

    Current Active 309 $1,525,746,483 $2,695,000 $4,937,690 132 169

    3

  • APRIL 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 53 $90,437,798 $1,295,000 $1,706,373 53 66 $86,743,526 $1,229,000 $1,636,670 95.92 90.37 Pending 50 $86,641,900 $1,159,000 $1,732,838 47 62

    APRIL 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 94 $202,554,177 $1,437,500 $2,154,831 62 96 $193,731,680 $1,395,000 $2,060,975 95.64 92.65

    Pending 121 $242,432,253 $1,349,000 $2,003,572 65 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

    53

    $90,437,798

    $1,295,000

    $1,706,373

    53

    66

    $86,743,526

    $1,229,000

    $1,636,670

    95.92

    90.37

    Pending

    50

    $86,641,900

    $1,159,000

    $1,732,838

    47

    62

     

     

     

     

     

    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

    94

    $202,554,177

    $1,437,500

    $2,154,831

    62

    96

    $193,731,680

    $1,395,000

    $2,060,975

    95.64

    92.65

    Pending

    121

    $242,432,253

    $1,349,000

    $2,003,572

    65

    89

     

     

     

     

     

  • List Price Range Number of Listings Average Days To Sold CDOM

    $650,000-$699,999 1 15 15

    $750,000-$799,999 4 8 22

    $800,000-$849,999 2 28 28

    $850,000-$899,999 1 24 24

    $900,000-$949,999 4 7 7

    $950,000-$999,999 5 13 30

    $1,000,000-$1,099,999 2 26 26

    $1,100,000-$1,199,999 4 29 29

    $1,200,000-$1,299,999 9 29 58

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

    5

  • $1,400,000-$1,499,999 3 19 34

    $1,500,000-$1,599,999 4 98 98

    $1,600,000-$1,699,999 1 20 137

    $1,700,000-$1,799,999 2 51 51

    $1,800,000-$1,899,999 0 0 0

    $1,900,000-$1,999,999 1 50 50

    $2,000,000-$2,249,999 1 88 88

    $2,750,000-$2,999,999 3 152 152

    $3,750,000-$3,999,999 1 4 4

    $4,000,000-$4,249,999 1 183 286

    $4,250,000-$4,499,999 1 393 393

    $5,000,000+ 2 216 216

    6

    List Price Range Number of Listings Average Days To Sold CDOM

  • 7

    The average price for the 53 properties is $1,636,670 The highest price is $6,650,000 The median price is $1,229,000 The lowest price is $680,000 The average Market Time is 53 The average Continuous Market Time is 66

    1930 Jelinda Dr

    51 Deerhurst Dr

    The average price for the 53 properties is $1,636,670

    The highest price is $6,650,000

    The median price is $1,229,000

    The lowest price is $680,000

    The average Market Time is 53

    The average Continuous Market Time is 66

  • 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

    323 330305 321 288

    0

    50

    100

    150

    200

    250

    300

    350

    400

    2016 2017 2018 2019 2020

  • $1,250,000 $1,200,000$1,290,000 $1,300,000 $1,300,000

    $0

    $200,000

    $400,000

    $600,000

    $800,000

    $1,000,000

    $1,200,000

    $1,400,000

    2016 2017 2018 2019 202010

  • 281 391364

    384

    276

    0

    100

    200

    300

    400

    500

    2016 2017 2018 2019 2020

  • 724759

    703

    789

    585

    100

    300

    500

    700

    900

    2016 2017 2018 2019 2020

  • 13

    $1,495,000 $1,595,000

    $1,299,000$1,375,000 $1,340,000

    $0

    $400,000

    $800,000

    $1,200,000

    $1,600,000

    2016 2017 2018 2019 2020

  • Last Year vs. This YearAPRIL

    for Home Estate/PUDsDistricts 05-35

    14

  • Total Active Listings2019 ~ 789 2020 ~ 585

    DOWN -25.9%New Listings2019 ~ 589 2020 ~ 479

    DOWN -18.7%

    Median List Price2019 ~ $1,375,000 2020 ~ $1,340,000

    DOWN -2.5%

    Properties that went into Escrow2019 ~ 384 2020 ~ 276

    DOWN -28.1%15

  • Sold Properties2019 ~ 321 2020 ~ 288

    DOWN -10.3%Median Sales Price2019 ~ $1,300,000 2020 ~ $1,300,000

    NO CHANGEMedian Sales Prices w/o Hope Ranch/Montecito2019 ~ $ 1,190,000 2020 ~ $1,164,000

    DOWN -2.2%Average Sold Price2019 ~ $2,069,445 2020 ~ $1,795,139

    DOWN -13.3%Average Sold Price w/o Hope Ranch/Montecito2019 ~ $1,537,428 2020 ~ $1,425,368

    DOWN -7.3%Sold Volume

    2019 ~ $664,291,920 2020 ~ $517,000,255DOWN 22.2-%

    16

  • April 2019 to April 2020Month by Month

    Home Estate/PUDsDistricts 05-35

    17

  • 94

    111118

    104 107101

    92

    81

    123

    75 78 79

    53

    0

    20

    40

    60

    80

    100

    120

    140

    160

    April May June July Aug Sept Oct Nov Dec Jan Feb Mar April

    18

  • $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

    $1,380,000

    $1,229,000

    $400,000

    $600,000

    $800,000

    $1,000,000

    $1,200,000

    $1,400,000

    $1,600,000

    Apri May June July Aug Sept Oct Nov Dec Jan Feb Mar Apri19

  • HE/PU Active Listings For the Last 6 Months

    410

    442460 466

    473

    441414

    343 347

    382 379352

    309

    0

    100

    200

    300

    400

    500

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

    HE/PU Active Listings for the Last 12 Months

  • Perspectivefor Home Estates

    2002-2020

    21

  • 410

    334

    395

    313287

    322

    243

    212

    267249

    341

    395

    302

    340323 330

    305321

    288

    0

    50

    100

    150

    200

    250

    300

    350

    400

    450

    500

    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

  • $717,500

    $807,000

    $981,000

    $1,200,000$1,195,000

    $1,200,000$1,180,000

    $827,500$840,000

    $810,000$775,000

    $895,000

    $1,079,500$1,050,750

    $1,250,000$1,200,000

    $1,290,000$1,300,000

    $1,300,000

    $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

  • CondosDistricts 05-35

    APRIL 1 – APRIL 30

    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 12 $12,971,000 $954,500 $1,080,916 32 49 $12,468,000 $905,500 $1,039,000 96.12 96.46

    List/Sold 3 $2,484,000 $799,000 $828,000 55 55 $2,345,000 $775,000 $781,666 94.40 94.40

    Co-Broker 9 $10,487,000 $1,250,000 $1,165,222 24 47 $10,123,000 $1,160,000 $1,124,777 96.53 96.94

    New 28 $28,692,025 $793,350 $1,024,715 15 32

    Pending 16 $14,732,500 $694,500 $920,781 38 42

    Withdrawn 10 $12,866,900 $1,367,450 $1,286,690 140 140

    Cancelled 13 $25,581,000 $999,000 $1,967,769 92 128

    Expired 3 $3,986,000 $617,000 $1,328,666 300 319

    Back On Market 1 $698,000 $698,000 $698,000 36 36

    Extended 7 $5,676,500 $599,000 $810,928 228 228

    Active In Range 126 $155,217,765 $846,200 $1,231,887 78 96

    Current Active 81 $93,316,365 $899,500 $1,152,053 109 137

    25

  • 26

    April 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 12 $12,971,000 $954,500 $1,080,916 32 49 $12,468,000 $905,500 $1,039,000 96.12 96.46 Pending 16 $14,732,500 $694,500 $920,781 38 42

    April 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 36 $26,040,357 $644,995 $723,343 49 75 $25,700,203 $638,742 $713,894 98.69 98.57 Pending 57 $42,578,104 $655,000 $746,984 35 41

    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

    12

    $12,971,000

    $954,500

    $1,080,916

    32

    49

    $12,468,000

    $905,500

    $1,039,000

    96.12

    96.46

    Pending

    16

    $14,732,500

    $694,500

    $920,781

    38

    42

     

     

     

     

     

    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

    36

    $26,040,357

    $644,995

    $723,343

    49

    75

    $25,700,203

    $638,742

    $713,894

    98.69

    98.57

    Pending

    57

    $42,578,104

    $655,000

    $746,984

    35

    41

     

     

     

     

     

  • List Price Range Number of Listings Average Days To Sold CDOM

    $550,000-$599,999 1 13 13

    $650,000-$699,999 1 48 48

    $700,000-$749,999 1 8 8

    $750,000-$799,999 2 5 5

    $800,000-$849,999 1 9 9

    $950,000-$999,999 1 152 152

    $1,100,000-$1,199,999 1 14 14

    $1,200,000-$1,299,999 2 59 162

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

    $1,900,000-$1,999,999 1 16 16

    27

  • The average price for the 12 properties is $1,039,000 The highest price is $1,950,000 The median price is $839,000 The lowest price is $598,000 The average Market Time is 32 The average Continuous Market Time is 49

    1000 Fairway Rd

    28

    35 Dearborn Pl #57

    The average price for the 12 properties is $1,039,000

    The highest price is $1,950,000

    The median price is $839,000

    The lowest price is $598,000

    The average Market Time is 32

    The average Continuous Market Time is 49

  • Number of Sales

    Median Sales Price

    Condos Entering Escrow

    Number of Listings

    Median List Price

    CONDO STATISTICS

    29

  • 115

    130 127 128

    96

    0

    20

    40

    60

    80

    100

    120

    140

    160

    2016 2017 2018 2019 2020 30

  • $690,000

    $585,000$650,000

    $676,995$697,500

    $0

    $150,000

    $300,000

    $450,000

    $600,000

    $750,000

    2016 2017 2018 2019 202031

  • 137 136150

    158

    97

    0

    40

    80

    120

    160

    200

    2016 2017 2018 2019 202032

  • 235 227

    249273

    178

    0

    50

    100

    150

    200

    250

    300

    2016 2017 2018 2019 2020 33

  • $599,250

    $687,000$650,000 $672,500

    $699,497

    $0

    $200,000

    $400,000

    $600,000

    $800,000

    2016 2017 2018 2019 202034

  • Last Year vs. This YearApril

    for CondosDistricts 05-35

    35

  • Total Active Listings2019 ~ 273 2020 ~ 178

    DOWN -34.8%New Listings2019 ~ 210 2020 ~ 151

    DOWN -28.1%Median List Price2019 ~ $672,500 2020 ~ $699,497

    DOWN -4%

    Properties that went into Escrow2019 ~ 158 2020 ~ 97

    DOWN -38.6%36

  • Sold Properties2019 ~ 128 DOWN -25% 2020 ~ 96

    Median Sold Price2019 ~ $676,995 2020 ~ $697,500

    UP +3%Median Sold Price w/o Montecito2019 ~ $652,450 2020 ~ $670,000

    UP +2.7%Average Sold Price2019 ~ $770,510 2020 ~ $883,554

    UP +14.7%Average Sold Price w/o Montecito

    2019 ~ $757,821 2020 ~ $816,733UP +7.8%

    Sold Volume2019 ~ $98,625,335 2020 ~ $84,821,270

    DOWN -14% 37

  • April 2019 to April 2020Month by Month

    for CondosDistricts 05-35

    38

  • 36

    4339

    45

    2933

    39

    29

    37

    21

    3129

    12

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    50

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

    39

  • $638,742$650,000$645,000$620,000

    $675,000$670,000

    $643,500

    $945,000

    $725,000 $723,500

    $629,000$662,000

    $905,500

    $0

    $200,000

    $400,000

    $600,000

    $800,000

    $1,000,000

    $1,200,000

    Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar April40

  • 10898

    108100

    108

    94

    108

    96 98102

    8881

    0

    35

    70

    105

    140

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

    41

    Condo Active Listings for the Last 12 Months

  • Perspectivefor Condos2002-2020

    42

  • 160

    126

    145 144

    106

    128

    82

    61

    98

    70

    103

    127

    116

    171

    115

    130127 128

    96

    0

    20

    40

    60

    80

    100

    120

    140

    160

    180

    200

    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

  • $392,000

    $431,094

    $539,000

    $650,500

    $699,250

    $635,000 $597,950

    $470,000

    $427,000 $399,000

    $400,000

    $459,000

    $550,000 $570,000

    $690,000

    $585,000

    $650,000 $676,995

    $697,500

    $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 April 2020

    All information compiled from theSanta Barbara

    Multiple Listing Service Dataon 5/5/2020

    45

    �Compiled Data from the�Santa Barbara Multiple Listing Service �as of�5/5/2020APRIL 1 – APRIL 30Slide 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�APRIL�for Home Estate/PUDs�Districts 05-35Slide Number 15SOLD Properties�2019 vs. 2020 ~ YTDApril 2019 to April 2020�Month by Month�Home Estate/PUDs�Districts 05-35Slide Number 18Slide Number 19Slide Number 20Perspective�for Home Estates�2002-2020Slide 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�April�for Condos�Districts 05-35Slide Number 36SOLD Properties�2018 vs. 2019 ~ YTDApril 2019 to April 2020�Month by Month�for Condos�Districts 05-35Slide Number 39Slide Number 40Slide Number 41Perspective�for Condos�2002-2020Slide Number 43Slide Number 44Slide Number 45