monthly mls statistics...monthly mls statistics july 2020 1 july 1 – july 31 home estate/pud...

46
Compiled Data from the Santa Barbara Multiple Listing Service as of 8/5/2020 Monthly MLS Statistics JULY 2020 1

Upload: others

Post on 05-Sep-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

  • Compiled Data from theSanta Barbara Multiple Listing Service

    as of8/5/2020

    Monthly MLS Statistics

    JULY 2020

    1

  • JULY 1 – JULY 31

    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 121 $290,461,000 $1,760,000 $2,400,504 59 88 $281,756,104 $1,733,000 $2,328,562 97.00 94.08

    List/Sold 18 $49,601,000 $2,447,000 $2,755,611 63 126 $47,234,000 $2,362,500 $2,624,111 95.23 94.60

    Co-Broker 103 $240,860,000 $1,650,000 $2,338,446 59 82 $234,522,104 $1,610,000 $2,276,913 97.37 93.98

    New 162 $417,310,250 $1,835,000 $2,575,989 12 25

    Pending 178 $403,865,649 $1,637,000 $2,268,908 57 70

    Withdrawn 15 $43,795,000 $2,475,000 $2,919,666 101 101

    Cancelled 20 $63,321,000 $2,887,500 $3,166,050 82 144

    Expired 28 $119,587,790 $2,345,000 $4,270,992 200 202

    Back On Market 33 $111,364,900 $2,245,000 $3,374,693 70 103

    Extended 38 $132,227,000 $2,685,000 $3,479,657 164 190

    Active In Range 494 $2,130,899,447 $2,459,500 $4,313,561 73 94

    Current Active 257 $1,531,826,798 $2,950,000 $5,960,415 128 166

    3

  • JULY 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 121 $290,461,000 $1,760,000 $2,400,504 59 88 $281,756,104 $1,733,000 $2,328,562 97.00 94.08 Pending 178 $403,865,649 $1,637,000 $2,268,908 57 70

    JULY 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 104 $223,228,626 $1,337,000 $2,146,429 44 61 $215,469,071 $1,322,495 $2,071,817 96.52 93.75

    Pending 123 $290,881,126 $1,399,000 $2,364,887 58 68

    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

    121

    $290,461,000

    $1,760,000

    $2,400,504

    59

    88

    $281,756,104

    $1,733,000

    $2,328,562

    97.00

    94.08

    Pending

    178

    $403,865,649

    $1,637,000

    $2,268,908

    57

    70

     

     

     

     

     

    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

    104

    $223,228,626

    $1,337,000

    $2,146,429

    44

    61

    $215,469,071

    $1,322,495

    $2,071,817

    96.52

    93.75

    Pending

    123

    $290,881,126

    $1,399,000

    $2,364,887

    58

    68

     

     

     

     

     

  • List Price Range Number of Listings Average Days To Sold CDOM$600,000-$649,999 1 27 27

    $650,000-$699,999 2 4 4

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

    $800,000-$849,999 5 48 48

    $850,000-$899,999 3 27 27

    $900,000-$949,999 7 27 35

    $950,000-$999,999 2 17 17

    $1,000,000-$1,099,999 4 32 32

    $1,100,000-$1,199,999 6 37 45

    $1,200,000-$1,299,999 5 6 6

    $1,300,000-$1,399,999 2 4 4

    $1,400,000-$1,499,999 8 63 117

    $1,500,000-$1,599,999 8 25 41

    $1,600,000-$1,699,999 4 10 109

    $1,700,000-$1,799,999 4 18 18 5

  • $1,800,000-$1,899,999 5 116 116

    $1,900,000-$1,999,999 3 142 142

    $2,000,000-$2,249,999 5 38 96

    $2,250,000-$2,499,999 5 80 112

    $2,500,000-$2,749,999 9 57 103

    $2,750,000-$2,999,999 4 118 118

    $3,000,000-$3,249,999 2 37 241

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

    $3,500,000-$3,749,999 2 308 308

    $3,750,000-$3,999,999 2 171 239

    $4,000,000-$4,249,999 3 203 203

    $4,250,000-$4,499,999 3 46 245

    $4,500,000-$4,749,999 2 8 133

    $4,750,000-$4,999,999 2 187 187

    $5,000,000+ 11 71 99 6

    List Price Range Number of Listings Average Days To Sold CDOM

  • 7

    The average price for the 123 properties is $2,357,517 The highest price is $8,350,000 The median price is $1,750,000 The lowest price is $629,000 The average Market Time is 59 The average Continuous Market Time is 89

    854 Rockbridge Rd

    715 W Arrellaga

    The average price for the 123 properties is $2,357,517

    The highest price is $8,350,000

    The median price is $1,750,000

    The lowest price is $629,000

    The average Market Time is 59

    The average Continuous Market Time is 89

  • 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

    625675

    617657

    575

    0

    200

    400

    600

    800

    2016 2017 2018 2019 2020

  • $1,200,000 $1,230,000$1,250,000

    $1,291,000$1,389,000

    $0

    $200,000

    $400,000

    $600,000

    $800,000

    $1,000,000

    $1,200,000

    $1,400,000

    2016 2017 2018 2019 202010

  • 281718

    673717

    692

    0

    100

    200

    300

    400

    500

    600

    700

    800

    2016 2017 2018 2019 2020

  • 1,130 1,122 1,1271,183

    949

    100

    300

    500

    700

    900

    1100

    1300

    2016 2017 2018 2019 2020

  • 13

    $1,399,000 $1,495,000

    $1,275,000$1,349,000 $1,395,000

    $0

    $400,000

    $800,000

    $1,200,000

    $1,600,000

    2016 2017 2018 2019 2020

  • Last Year vs. This YearJULY

    for Home Estate/PUDsDistricts 05-35

    14

  • Total Active Listings2019 ~ 1,183 2020 ~ 949

    DOWN -19.8%New Listings2019 ~ 1,069 2020 ~ 951

    DOWN -11%

    Median List Price2019 ~ $ 1,349,000 2020 ~ $1,395,000

    UP +3.4%

    Properties that went into Escrow2019 ~ 717 2020 ~ 692

    DOWN -3.5%15

  • Sold Properties2019 ~ 657 2020 ~ 575

    DOWN -12.5%Median Sales Price2019 ~ $ 1,291,000 2020 ~ $1,389,000

    UP +7.6%

    Median Sales Prices w/o Hope Ranch/Montecito2019 ~ $ 1,160,000 2020 ~ $1,168,500

    UP +0.7%Average Sold Price2019 ~ $ 2,052,293 2020 ~ $1,997,842

    DOWN -2.7%Average Sold Price w/o Hope Ranch/Montecito2019 ~ $ 1,566,468 2020 ~ $1,412,382

    DOWN -9.8%Sold Volume

    2019 ~ $ 1,348,356,593 2020 ~ $1,148,759,555DOWN -14.8% 16

  • July 2019 to July 2020Month by Month

    Home Estate/PUDsDistricts 05-35

    17

  • 104107

    10192

    81

    123

    75 78 79

    53 56

    108

    121

    0

    20

    40

    60

    80

    100

    120

    140

    160

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

    18

  • $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$1,261,865

    $1,245,000

    $1,733,000

    $400,000

    $600,000

    $800,000

    $1,000,000

    $1,200,000

    $1,400,000

    $1,600,000

    $1,800,000

    $2,000,000

    July Aug Sept Oct Nov Dec Jan Feb Mar Apri May June July19

  • HE/PU Active Listings For the Last 6 Months

    466 473

    441414

    343 347

    382 379352

    309 321

    285

    257

    0

    100

    200

    300

    400

    500

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

    HE/PU Active Listings for the Last 12 Months

  • Perspectivefor Home Estates

    2002-2020

    21

  • 716

    653

    734

    655

    508

    590

    454 437

    519 525

    734 764

    608

    708

    625675

    617657

    575

    0

    100

    200

    300

    400

    500

    600

    700

    800

    900

    1000

    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

  • $747,250$822,500

    $1,011,000

    $1,240,000$1,202,350

    $1,250,800

    $1,120,000

    $850,000$860,000

    $839,000$797,000

    $925,000

    $1,123,000$1,122,500

    $1,200,000$1,230,000$1,250,000

    $1,291,000

    $1,389,000

    $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

    JULY 1 – JULY 31

    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 43 $41,305,700 $757,000 $960,597 40 55 $40,738,500 $749,000 $947,406 98.63 97.75

    List/Sold 7 $4,893,700 $665,000 $699,100 24 24 $4,846,000 $660,000 $692,285 99.03 98.52

    Co-Broker 36 $36,412,000 $798,000 $1,011,444 43 61 $35,892,500 $799,500 $997,013 98.57 97.65

    New 60 $68,115,148 $710,000 $1,135,252 13 28

    Pending 64 $55,134,487 $699,500 $861,476 44 57

    Withdrawn 5 $9,204,000 $1,495,000 $1,840,800 15 15

    Cancelled 4 $4,030,000 $1,147,500 $1,007,500 68 173

    Expired 8 $8,170,840 $782,122 $1,021,355 253 275

    Back On Market 11 $8,626,140 $799,000 $784,194 89 96

    Extended 11 $13,178,791 $895,000 $1,198,071 144 165

    Active In Range 178 $202,393,823 $809,048 $1,137,043 54 75

    Current Active 91 $121,247,736 $985,000 $1,332,392 86 125

    25

  • 26

    July 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 43 $41,305,700 $757,000 $960,597 40 55 $40,738,500 $749,000 $947,406 98.63 97.75

    Pending 64 $55,134,487 $699,500 $861,476 44 57

    July 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 45 $36,962,855 $639,000 $821,396 41 41 $36,240,390 $620,000 $805,342 98.05 96.50 Pending 31 $25,548,657 $677,777 $824,150 46 63

    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

    43

    $41,305,700

    $757,000

    $960,597

    40

    55

    $40,738,500

    $749,000

    $947,406

    98.63

    97.75

    Pending

    64

    $55,134,487

    $699,500

    $861,476

    44

    57

     

     

     

     

     

    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

    45

    $36,962,855

    $639,000

    $821,396

    41

    41

    $36,240,390

    $620,000

    $805,342

    98.05

    96.50

    Pending

    31

    $25,548,657

    $677,777

    $824,150

    46

    63

     

     

     

     

     

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

    $400,000-$449,999 1 8 8

    $500,000-$549,999 6 44 148

    $550,000-$599,999 3 20 20

    $600,000-$649,999 5 38 38

    $650,000-$699,999 4 9 9

    $700,000-$749,999 3 41 41

    $750,000-$799,999 2 24 24

    $800,000-$849,999 4 83 83

    $850,000-$899,999 2 19 19

    $900,000-$949,999 1 44 44

    27

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

    $1,000,000-$1,099,999 2 45 45

    $1,100,000-$1,199,999 1 130 130

    $1,200,000-$1,299,999 1 97 97

    $1,300,000-$1,399,999 2 29 29

    $1,400,000-$1,499,999 1 7 7

    $1,500,000-$1,599,999 1 110 110

    $1,800,000-$1,899,999 1 55 55

    $1,900,000-$1,999,999 1 8 8

    $2,500,000-$2,749,999 1 34 34

    $3,250,000-$3,499,999 1 1 1

    28

  • The average price for the 43 properties is $947,406 The highest price is $3,400,000 The median price is $749,000 The lowest price is $444,000 The average Market Time is 40 The average Continuous Market Time is 55

    4925 Sandyland

    29

    5446 8th St #29

    The average price for the 43 properties is $947,406

    The highest price is $3,400,000

    The median price is $749,000

    The lowest price is $444,000

    The average Market Time is 40

    The average Continuous Market Time is 55

  • Number of Sales

    Median Sales Price

    Condos Entering Escrow

    Number of Listings

    Median List Price

    CONDO STATISTICS

    30

  • 236 243260 259

    189

    0

    50

    100

    150

    200

    250

    300

    2016 2017 2018 2019 2020 31

  • $635,000 $619,000$652,500 $649,000

    $700,000

    $0

    $150,000

    $300,000

    $450,000

    $600,000

    $750,000

    2016 2017 2018 2019 202032

  • 263 253

    284262

    242

    0

    50

    100

    150

    200

    250

    300

    350

    2016 2017 2018 2019 202033

  • 375354

    409370

    333

    0

    100

    200

    300

    400

    500

    2016 2017 2018 2019 2020 34

  • $662,000 $679,450 $655,000 $655,000$699,000

    $0

    $200,000

    $400,000

    $600,000

    $800,000

    2016 2017 2018 2019 202035

  • Last Year vs. This YearJULY

    for CondosDistricts 05-35

    36

  • Total Active Listings2019 ~ 370 2020 ~ 333

    DOWN -10%New Listings2019 ~ 351 2020 ~ 345

    DOWN -1.7%Median List Price2019 ~ $655,000 2020 ~ $699,000

    UP +6.7%Properties that went into Escrow2019 ~ 262 2020 ~ 242

    DOWN -7.6%37

  • Sold Properties2019 ~ 259 2020 ~ 189

    DOWN -27%Median Sold Price2019 ~ $ 649,000 2020 ~ $700,000

    UP +7.9%Median Sold Price w/o Montecito2019 ~ $ 673,500 2020 ~ $660,000

    DOWN -10.9%Average Sold Price2019 ~ $ 767,255 2020 ~ $933,321

    UP +21.6%Average Sold Price w/o Montecito

    2019 ~ $ 739,219 2020 ~ $798,776UP +8.1%

    Sold Volume2019 ~ $ 198,719,197 2020 ~ $176,397,751

    DOWN -11.2%38

  • July 2019 to July 2020Month by Month

    for CondosDistricts 05-35

    39

  • 45

    29

    33

    39

    29

    37

    21

    3129

    1216

    33

    43

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    50

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

    40

  • $620,000

    $675,000 $670,000$643,500

    $945,000

    $725,000 $723,500

    $629,000$662,000

    $905,500

    $772,500

    $620,000

    $749,000

    $0

    $200,000

    $400,000

    $600,000

    $800,000

    $1,000,000

    $1,200,000

    July Aug Sept Oct Nov Dec Jan Feb Mar April May June July41

  • 100108

    94

    108

    96 98102

    8881

    97 10291

    0

    35

    70

    105

    140

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

    42

    Condo Active Listings for the Last 12 Months

  • Perspectivefor Condos2002-2020

    43

  • 284

    246

    271284

    186

    238

    154 162

    191

    141

    233

    262

    237

    328

    236 243260 259

    189

    0

    50

    100

    150

    200

    250

    300

    350

    400

    450

    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

    44

  • $399,250

    $450,500

    $563,000

    $674,000 $672,500

    $630,000 $598,500

    $471,000 $435,000

    $420,000 $400,000

    $498,750

    $545,000

    $619,000 $635,000

    $619,000 $652,500

    $649,000

    $700,000

    $0

    $100,000

    $200,000

    $300,000

    $400,000

    $500,000

    $600,000

    $700,000

    $800,000

    $900,000

    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

    45

  • Statistics Through July 2020

    All information compiled from theSanta Barbara

    Multiple Listing Service Dataon 8/5/2020

    46

    �Compiled Data from the�Santa Barbara Multiple Listing Service �as of�8/5/2020JULY 1 – JULY 31Slide 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�JULY�for Home Estate/PUDs�Districts 05-35Slide Number 15SOLD Properties�2019 vs. 2020 ~ YTDJuly 2019 to July 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 28Slide Number 29CONDO STATISTICSSlide Number 31Slide Number 32Slide Number 33Slide Number 34Slide Number 35Last Year vs. This Year�JULY�for Condos�Districts 05-35Slide Number 37SOLD Properties�2019 vs. 2020 ~ YTDJuly 2019 to July 2020�Month by Month�for Condos�Districts 05-35Slide Number 40Slide Number 41Slide Number 42Perspective�for Condos�2002-2020Slide Number 44Slide Number 45Slide Number 46