monthly mls statistics · sold 16 $21,618,147 $780,073 $1,351,134 67 67 $20,593,147 $772,500...

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Compiled Data from the Santa Barbara Multiple Listing Service as of 6/5/2020 Monthly MLS Statistics MAY 2020 1

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  • Compiled Data from theSanta Barbara Multiple Listing Service

    as of6/5/2020

    Monthly MLS Statistics

    MAY 2020

    1

  • MAY 1 – MAY 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 56 $134,450,000 $1,349,000 $2,400,892 52 85 $121,322,607 $1,261,875 $2,166,475 90.24 88.09

    List/Sold 9 $11,607,000 $819,000 $1,289,666 37 37 $11,073,500 $805,000 $1,230,388 95.40 91.16

    Co-Broker 47 $122,843,000 $1,375,000 $2,613,680 55 94 $110,249,107 $1,380,000 $2,345,725 89.75 87.79

    New 137 $410,170,470 $1,915,000 $2,993,945 17 43

    Pending 102 $240,876,683 $1,499,000 $2,361,536 73 103

    Withdrawn 12 $75,425,000 $3,240,000 $6,285,416 92 170

    Cancelled 13 $36,337,000 $2,095,000 $2,795,153 103 178

    Expired 28 $133,382,900 $2,645,000 $4,763,675 232 263

    Back On Market 21 $70,953,500 $1,650,000 $3,378,738 92 115

    Extended 34 $90,651,900 $1,749,450 $2,666,232 205 266

    Active In Range 473 $2,042,135,452 $2,475,000 $4,317,411 93 119

    Current Active 321 $1,596,153,869 $2,695,000 $4,972,441 120 154

    3

  • MAY 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 56 $134,450,000 $1,349,000 $2,400,892 52 85 $121,322,607 $1,261,875 $2,166,475 90.24 88.09 Pending 102 $240,876,683 $1,499,000 $2,361,536 73 103

    MAY 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 111 $229,889,854 $1,350,000 $2,071,079 51 67 $222,204,698 $1,313,000 $2,001,844 96.66 94.35

    Pending 127 $281,749,498 $1,275,000 $2,218,499 61 77

    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

    56

    $134,450,000

    $1,349,000

    $2,400,892

    52

    85

    $121,322,607

    $1,261,875

    $2,166,475

    90.24

    88.09

    Pending

    102

    $240,876,683

    $1,499,000

    $2,361,536

    73

    103

     

     

     

     

     

    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

    111

    $229,889,854

    $1,350,000

    $2,071,079

    51

    67

    $222,204,698

    $1,313,000

    $2,001,844

    96.66

    94.35

    Pending

    127

    $281,749,498

    $1,275,000

    $2,218,499

    61

    77

     

     

     

     

     

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

    $550,000-$599,999 1 311 311

    $600,000-$649,999 1 5 5

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

    $700,000-$749,999 2 2 2

    $750,000-$799,999 3 42 42

    $800,000-$849,999 4 13 13

    $850,000-$899,999 4 10 10

    $900,000-$949,999 2 112 112

    $950,000-$999,999 2 48 48

    $1,000,000-$1,099,999 3 10 10

    $1,100,000-$1,199,999 3 22 22

    $1,200,000-$1,299,999 2 16 57

    $1,300,000-$1,399,999 1 20 205

  • $1,400,000-$1,499,999 3 30 87

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

    $1,600,000-$1,699,999 3 5 5

    $1,700,000-$1,799,999 1 119 231

    $1,800,000-$1,899,999 2 22 22

    $1,900,000-$1,999,999 1 64 64

    $2,000,000-$2,249,999 3 128 138

    $2,250,000-$2,499,999 1 114 114

    $2,500,000-$2,749,999 2 134 134

    $2,750,000-$2,999,999 1 189 189

    $3,250,000-$3,499,999 1 8 8

    $4,000,000-$4,249,999 1 263 263

    $5,000,000+ 6 56 2976

    List Price Range Number of Listings Average Days To Sold CDOM

  • 7

    The average price for the 56 properties is $2,166,475 The highest price is $11,250,000 The median price is $1,243,750 The lowest price is $556,500 The average Market Time is 52 The average Continuous Market Time is 85

    1569 E Valley Rd

    6066 Suellen Ct

    The average price for the 56 properties is $2,166,475

    The highest price is $11,250,000

    The median price is $1,243,750

    The lowest price is $556,500

    The average Market Time is 52

    The average Continuous Market Time is 85

  • 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

    435 446 412 433

    344

    0

    100

    200

    300

    400

    500

    600

    2016 2017 2018 2019 2020

  • $1,200,000 $1,200,000$1,271,000 $1,300,000 $1,295,000

    $0

    $200,000

    $400,000

    $600,000

    $800,000

    $1,000,000

    $1,200,000

    $1,400,000

    2016 2017 2018 2019 202010

  • 281516

    482506

    374

    0

    100

    200

    300

    400

    500

    600

    700

    2016 2017 2018 2019 2020

  • 874 907 881948

    695

    100

    300

    500

    700

    900

    1100

    2016 2017 2018 2019 2020

  • 13

    $1,450,000 $1,499,000

    $1,295,000$1,359,000 $1,342,000

    $0

    $400,000

    $800,000

    $1,200,000

    $1,600,000

    2016 2017 2018 2019 2020

  • Last Year vs. This YearMAY

    for Home Estate/PUDsDistricts 05-35

    14

  • Total Active Listings2019 ~ 948 2020 ~ 695

    DOWN -26.7%New Listings2019 ~ 769 2020 ~ 625

    DOWN -18.7%

    Median List Price2019 ~ $ 1,359,000 2020 ~ $1,342,000

    DOWN -1.3%

    Properties that went into Escrow2019 ~ 506 2020 ~ 374

    DOWN -26.1%15

  • Sold Properties2019 ~ 433 2020 ~ 344

    DOWN 20.6%Median Sales Price2019 ~ $1,300,000 2020 ~ $1,295,000

    DOWN -0.4%

    Median Sales Prices w/o Hope Ranch/Montecito2019 ~ $1,167,500 2020 ~ $1,147,000

    DOWN -1.8%Average Sold Price2019 ~ $2,049,403 2020 ~ $1,855,589

    DOWN -9.5%Average Sold Price w/o Hope Ranch/Montecito2019 ~ $1,488,983 2020 ~ $1,389,564

    DOWN -6.7%Sold Volume

    2019 ~ $887,391,618 2020 ~ $677,403,006DOWN -23.6% 16

  • May 2019 to May 2020Month by Month

    Home Estate/PUDsDistricts 05-35

    17

  • 111118

    104 107101

    9281

    123

    75 78 79

    53 56

    0

    20

    40

    60

    80

    100

    120

    140

    160

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

    18

  • $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$1,261,865

    $400,000

    $600,000

    $800,000

    $1,000,000

    $1,200,000

    $1,400,000

    $1,600,000

    May June July Aug Sept Oct Nov Dec Jan Feb Mar Apri May19

  • HE/PU Active Listings For the Last 6 Months

    442460 466

    473

    441414

    343 347

    382 379

    352

    309 321

    0

    100

    200

    300

    400

    500

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

    HE/PU Active Listings for the Last 12 Months

  • Perspectivefor Home Estates

    2002-2020

    21

  • 518

    421

    509

    437

    360

    406

    315

    270

    353 340

    477

    536

    415

    469435 446

    412 433

    344

    0

    100

    200

    300

    400

    500

    600

    700

    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

  • $730,000

    $819,000

    $999,000

    $1,222,000$1,200,000

    $1,250,000$1,195,000

    $841,250$848,500

    $810,000$785,000

    $892,500

    $1,100,000$1,129,000$1,200,000 $1,200,000

    $1,271,000$1,300,000

    $1,295,000

    $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

    MAY 1 – MAY 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 16 $21,618,147 $780,073 $1,351,134 67 67 $20,593,147 $772,500 $1,287,071 95.26 90.94

    List/Sold 3 $7,273,500 $749,500 $2,424,500 13 13 $6,865,000 $745,000 $2,288,333 94.38 93.87

    Co-Broker 13 $14,344,647 $810,647 $1,103,434 79 79 $13,728,147 $800,000 $1,056,011 95.70 89.55

    New 59 $55,405,937 $735,000 $939,083 15 51

    Pending 34 $34,725,162 $649,500 $1,021,328 69 95

    Withdrawn 4 $3,767,000 $897,000 $941,750 80 80

    Cancelled 8 $7,828,000 $969,500 $978,500 103 103

    Expired 7 $5,537,000 $749,000 $791,000 170 186

    Back On Market 7 $8,312,999 $835,000 $1,187,571 101 117

    Extended 10 $11,861,444 $1,034,500 $1,186,144 174 174

    Active In Range 151 $163,112,006 $810,000 $1,080,211 66 90

    Current Active 97 $110,492,844 $869,000 $1,139,101 90 128

    25

  • 26

    May 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 16 $21,618,147 $780,073 $1,351,134 67 67 $20,593,147 $772,500 $1,287,071 95.26 90.94 Pending 34 $34,725,162 $649,500 $1,021,328 69 95

    May 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 43 $31,932,980 $650,000 $742,627 49 56 $31,577,880 $650,000 $734,369 98.89 95.44 Pending 46 $37,692,037 $685,000 $819,392 40 50

    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

    16

    $21,618,147

    $780,073

    $1,351,134

    67

    67

    $20,593,147

    $772,500

    $1,287,071

    95.26

    90.94

    Pending

    34

    $34,725,162

    $649,500

    $1,021,328

    69

    95

     

     

     

     

     

    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

    $31,932,980

    $650,000

    $742,627

    49

    56

    $31,577,880

    $650,000

    $734,369

    98.89

    95.44

    Pending

    46

    $37,692,037

    $685,000

    $819,392

    40

    50

     

     

     

     

     

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

    $400,000-$449,999 2 16 16

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

    $600,000-$649,999 2 21 21

    $650,000-$699,999 2 19 19

    $700,000-$749,999 1 4 4

    $800,000-$849,999 2 8 8

    $900,000-$949,999 1 14 14

    $1,100,000-$1,199,999 1 26 26

    $1,200,000-$1,299,999 1 14 14

    $2,000,000-$2,249,999 1 610 610

    $3,250,000-$3,499,999 1 276 276

    $5,000,000+ 1 1 1

    27

  • The average price for the 16 properties is $1,287,071 The highest price is $5,500,000 The median price is $745,000 The lowest price is $410,000 The average Market Time is 67 The average Continuous Market Time is 67

    6 Seaview

    28

    7620 Hollister Ave #322

    The average price for the 16 properties is $1,287,071

    The highest price is $5,500,000

    The median price is $745,000

    The lowest price is $410,000

    The average Market Time is 67

    The average Continuous Market Time is 67

  • Number of Sales

    Median Sales Price

    Condos Entering Escrow

    Number of Listings

    Median List Price

    CONDO STATISTICS

    29

  • 156 160168 172

    112

    0

    20

    40

    60

    80

    100

    120

    140

    160

    180

    200

    2016 2017 2018 2019 2020 30

  • $658,500

    $588,300$652,500 $653,450

    $700,000

    $0

    $150,000

    $300,000

    $450,000

    $600,000

    $750,000

    2016 2017 2018 2019 202031

  • 182 177

    201 197

    130

    0

    50

    100

    150

    200

    250

    2016 2017 2018 2019 202032

  • 280267

    322304

    227

    0

    100

    200

    300

    400

    2016 2017 2018 2019 2020 33

  • $694,250 $687,000$652,500 $653,450

    $711,747

    $0

    $200,000

    $400,000

    $600,000

    $800,000

    2016 2017 2018 2019 202034

  • Last Year vs. This YearMay

    for CondosDistricts 05-35

    35

  • Total Active Listings2019 ~ 304 2020 ~ 227

    DOWN -25.3%New Listings2019 ~ 254 2020 ~ 211

    DOWN -17%Median List Price2019 ~ $666,495 2020 ~ $711,747

    UP +6.8%

    Properties that went into Escrow2019 ~ 197 2020 ~ 130

    DOWN -34%36

  • Sold Properties2019 ~ 172 2020 ~ 112

    DOWN -34.9%Median Sold Price2019 ~ $653,450 2020 ~ $700,000

    UP +7.1%Median Sold Price w/o Montecito2019 ~ $650,000 2020 ~ $675,000

    UP +3.8%Average Sold Price2019 ~ $760,271 2020 ~ $941,200

    UP +23.8%Average Sold Price w/o Montecito

    2019 ~ $750,755 2020 ~ $805,979UP +7.4%

    Sold Volume2019 ~ $130,766,715 2020 ~ $105,414,417

    DOWN -19.4%37

  • May 2019 to May 2020Month by Month

    for CondosDistricts 05-35

    38

  • 4339

    45

    2933

    39

    29

    37

    21

    3129

    1216

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    50

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

    39

  • $650,000$645,000$620,000

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

    $945,000

    $725,000 $723,500

    $629,000$662,000

    $905,500

    $772,500

    $0

    $200,000

    $400,000

    $600,000

    $800,000

    $1,000,000

    $1,200,000

    May June July Aug Sept Oct Nov Dec Jan Feb Mar April May40

  • 98108

    100108

    94

    108

    96 98102

    8881

    97

    0

    35

    70

    105

    140

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

    41

    Condo Active Listings for the Last 12 Months

  • Perspectivefor Condos2002-2020

    42

  • 190

    161

    184 189

    130

    172

    10287

    135

    89

    151

    180

    160

    227

    156 160168 172

    112

    0

    50

    100

    150

    200

    250

    300

    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

    $435,000

    $549,000

    $659,000 $684,500

    $640,000

    $589,500

    $472,000 $435,000

    $390,000 $399,000

    $467,500

    $550,000

    $579,000

    $658,500

    $588,300

    $652,500 $653,450

    $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

    44

  • Statistics Through May 2020

    All information compiled from theSanta Barbara

    Multiple Listing Service Dataon 6/5/2020

    45

    �Compiled Data from the�Santa Barbara Multiple Listing Service �as of�6/5/2020MAY 1 – MAY 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�MAY�for Home Estate/PUDs�Districts 05-35Slide Number 15SOLD Properties�2019 vs. 2020 ~ YTDMay 2019 to May 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�May�for Condos�Districts 05-35Slide Number 36SOLD Properties�2018 vs. 2019 ~ YTDMay 2019 to May 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