JANUARY 2020 - sbaor.org · Compiled Data from the Santa Barbara Multiple Listing Service as of...
Transcript of JANUARY 2020 - sbaor.org · Compiled Data from the Santa Barbara Multiple Listing Service as of...
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Compiled Data from theSanta Barbara Multiple Listing Service
as of2/5/2020
Monthly MLS Statistics
JANUARY 2020
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JANUARY 1 – JANUARY 31
Home Estate/PUDDistricts 05-35
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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 75 $137,189,390 $1,365,000 $1,829,191 87 97 $129,587,553 $1,365,000 $1,727,834 94.46 89.76
List/Sold 9 $14,736,950 $1,549,000 $1,637,438 92 104 $13,992,000 $1,427,000 $1,554,666 94.95 93.12
Co-Broker 66 $122,452,440 $1,357,500 $1,855,340 87 96 $115,595,553 $1,347,500 $1,751,447 94.40 89.37
New 140 $379,860,500 $1,585,000 $2,713,289 15 49
Pending 91 $176,638,898 $1,375,000 $1,941,086 90 104
Withdrawn 11 $30,300,000 $1,850,000 $2,754,545 182 182
Cancelled 13 $28,018,500 $1,995,000 $2,155,269 159 182
Expired 56 $238,930,100 $3,222,500 $4,266,608 328 348
Back On Market 27 $173,824,700 $1,695,000 $6,437,951 222 230
Extended 43 $236,714,299 $2,695,000 $5,504,983 216 228
Active In Range 420 $1,912,859,397 $2,390,000 $4,554,427 112 136
Current Active 291 $1,585,632,599 $2,995,000 $5,448,909 144 177
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JANUARY 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 75 $137,189,390 $1,365,000 $1,829,191 87 97 $129,587,553 $1,365,000 $1,727,834 94.46 89.76 Pending 91 $176,638,898 $1,375,000 $1,941,086 90 104
JANUARY 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 65 $179,294,423 $1,539,000 $2,758,375 70 91 $166,064,604 $1,495,000 $2,554,840 92.62 90.63
Pending 86 $203,570,499 $1,299,500 $2,367,098 56 82
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
75
$137,189,390
$1,365,000
$1,829,191
87
97
$129,587,553
$1,365,000
$1,727,834
94.46
89.76
Pending
91
$176,638,898
$1,375,000
$1,941,086
90
104
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
65
$179,294,423
$1,539,000
$2,758,375
70
91
$166,064,604
$1,495,000
$2,554,840
92.62
90.63
Pending
86
$203,570,499
$1,299,500
$2,367,098
56
82
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List Price Range Number of Listings Average Days To Sold CDOM
$500,000-$549,999 2 27 27
$650,000-$699,999 2 8 8
$700,000-$749,999 4 58 84
$750,000-$799,999 2 109 150
$800,000-$849,999 3 129 129
$850,000-$899,999 2 91 91
$900,000-$949,999 3 16 16
$950,000-$999,999 1 147 147
$1,000,000-$1,099,999 4 26 26
$1,100,000-$1,199,999 7 40 40
$1,200,000-$1,299,999 6 69 69
$1,300,000-$1,399,999 4 59 59
$1,400,000-$1,499,999 6 16 16
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$1,500,000-$1,599,999 1 1 1
$1,600,000-$1,699,999 4 49 49
$1,700,000-$1,799,999 3 102 102
$1,800,000-$1,899,999 2 219 219
$1,900,000-$1,999,999 3 51 138
$2,000,000-$2,249,999 4 86 136
$2,250,000-$2,499,999 1 11 11
$2,500,000-$2,749,999 2 139 139
$2,750,000-$2,999,999 1 233 233
$3,500,000-$3,749,999 1 208 208
$3,750,000-$3,999,999 1 94 94
$4,000,000-$4,249,999 1 246 246
$4,250,000-$4,499,999 1 65 65
$5,000,000+ 4 395 411
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List Price Range Number of Listings Average Days To Sold CDOM
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7
The average price for the 75 properties is $1,727,834 The highest price is $6,400,000 The median price is $1,365,000 The lowest price is $525,000 The average Market Time is 87 The average Continuous Market Time is 97
4581 Avenue Del Mar
727 N Alisos St
The average price for the 75 properties is $1,727,834
The highest price is $6,400,000
The median price is $1,365,000
The lowest price is $525,000
The average Market Time is 87
The average Continuous Market Time is 97
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HOME ESTATES / PUD Number of Sales
Median Sales Price
Home Estate/PUDs Entering Escrow
Number of Listings
Median List Price8
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7181
73 69 74
0
200
2012 2013 2014 2015 2016
9
7470
54
65
75
0
20
40
60
80
100
2016 2017 2018 2019 2020
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$1,394,000
$1,020,500
$1,477,499 $1,495,000$1,365,000
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2016 2017 2018 2019 202010
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754
91 9286
91
0
20
40
60
80
100
2016 2017 2018 2019 2020
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317
424
351
423
382
100
200
300
400
500
2016 2017 2018 2019 2020
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13
$1,444,350
$1,599,000$1,512,000 $1,539,000
$1,365,000
$0
$400,000
$800,000
$1,200,000
$1,600,000
2016 2017 2018 2019 2020
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Last Year vs. This YearJANUARY
for Home Estate/PUDsDistricts 05-35
14
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Total Active Listings2019 ~ 423 2020 ~ 382
DOWN -9.7%New Listings2019 ~ 124 2020 ~ 140
UP +12.9%
Median List Price2019 ~ $1,539,000 2020 ~ $1,365,000
DOWN -11.3%
Properties that went into Escrow2019 ~ 92 2020 ~ 91
DOWN -1%15
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Sold Properties2019 ~ 65 2020 ~ 75
UP +15.4%Median Sales Price2019 ~ $1,495,000 2020 ~ $1,365,000
DOWN -8.7%Median Sales Prices w/o Hope Ranch/Montecito2019 ~ $1,175,000 2020 ~ $1,159,000
DOWN -1.4%Average Sold Price2019 ~ $2,554,840 2020 ~ $1,727,834
DOWN -32.4%Average Sold Price w/o Hope Ranch/Montecito2019 ~ $1,502,511 2020 ~ $1,329,123
DOWN -11.5%Sold Volume2019 ~ $166,064,604 2020 ~ $129,587,553
DOWN -22%
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January 2019 to January 2020Month by Month
Home Estate/PUDsDistricts 05-35
17
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6571
8994
111118
104 107 10192
81
123
75
0
20
40
60
80
100
120
140
160
Jan Feb Mar April May June July Aug Sept Oct Nov Dec Jan
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$1,495,000
$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
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
Jan Feb Mar Apri May June July Aug Sept Oct Nov Dec Jan19
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HE/PU Active Listings For the Last 6 Months
337352 352
410
442460 466
473
441414
343 347
382
0
100
200
300
400
500
Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan 20
HE/PU Active Listings for the Last 12 Months
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Perspectivefor Home Estates
2002-2020
21
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92
55
77 77
6460
43 44
62
42
71
81
73 6974
70
54
65
75
0
20
40
60
80
100
120
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
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$637,500
$831,000
$952,500
$1,170,000$1,142,500
$1,200,000 $1,195,000
$906,000
$763,500$819,650
$810,000$842,490
$1,250,000
$1,000,000
$1,394,000
$1,020,500
$1,477,499$1,495,000
$1,365,000
$100,000
$300,000
$500,000
$700,000
$900,000
$1,100,000
$1,300,000
$1,500,000
$1,700,000
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
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CondosDistricts 05-35
JANUARY 1 – JANUARY 31
24
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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 21 $19,973,560 $723,500 $951,121 76 99 $19,289,969 $723,500 $918,569 96.58 93.14
List/Sold 4 $2,163,000 $514,500 $540,750 24 24 $2,166,250 $508,125 $541,562 100.15 97.36
Co-Broker 17 $17,810,560 $744,565 $1,047,680 88 116 $17,123,719 $825,000 $1,007,277 96.14 92.64
New 30 $36,388,065 $698,500 $1,212,935 15 64
Pending 37 $31,812,565 $640,000 $859,799 49 70
Withdrawn 1 $595,000 $595,000 $595,000 39 39
Cancelled 0 $0 $0 $0 0 0
Expired 11 $16,727,490 $1,350,000 $1,520,680 332 409
Back On Market 7 $6,526,000 $599,000 $932,285 113 113
Extended 15 $21,873,000 $1,295,000 $1,458,200 182 216
Active In Range 104 $138,457,010 $982,500 $1,331,317 99 125
Current Active 61 $94,820,445 $1,125,000 $1,554,433 147 192
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January 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 21 $19,973,560 $723,500 $951,121 76 99 $19,289,969 $723,500 $918,569 96.58 93.14 Pending 37 $31,812,565 $640,000 $859,799 49 70
January 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 21 $19,136,650 $729,900 $911,269 61 66 $18,474,911 $742,161 $879,757 96.54 94.30 Pending 34 $27,128,671 $678,495 $797,902 93 145
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
21
$19,973,560
$723,500
$951,121
76
99
$19,289,969
$723,500
$918,569
96.58
93.14
Pending
37
$31,812,565
$640,000
$859,799
49
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
21
$19,136,650
$729,900
$911,269
61
66
$18,474,911
$742,161
$879,757
96.54
94.30
Pending
34
$27,128,671
$678,495
$797,902
93
145
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List Price Range Number of Listings Average Days To Sold CDOM$400,000-$449,999 1 1 1
$450,000-$499,999 1 71 71
$500,000-$549,999 2 16 16
$600,000-$649,999 3 33 33
$650,000-$699,999 3 82 82
$700,000-$749,999 2 2 2
$800,000-$849,999 2 60 298
$850,000-$899,999 1 58 58
$1,000,000-$1,099,999 1 211 211
$1,100,000-$1,199,999 1 48 48
$1,500,000-$1,599,999 1 111 111
$1,800,000-$1,899,999 1 78 78
$1,900,000-$1,999,999 1 119 119
$2,000,000-$2,249,999 1 405 40527
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The average price for the 21 properties is $918,569 The highest price is $2,000,000 The median price is $723,000 The lowest price is $405,000 The average Market Time is 76 The average Continuous Market Time is 99
1355 Plaza Pacifica
28
5935 Birch St #2
The average price for the 21 properties is $918,569
The highest price is $2,000,000
The median price is $723,000
The lowest price is $405,000
The average Market Time is 76
The average Continuous Market Time is 99
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Number of Sales
Median Sales Price
Condos Entering Escrow
Number of Listings
Median List Price
CONDO STATISTICS
29
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27
30
2321 21
0
10
20
30
40
2016 2017 2018 2019 2020 30
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$562,000 $560,000 $570,000
$742,161 $723,500
$0
$150,000
$300,000
$450,000
$600,000
$750,000
$900,000
2016 2017 2018 2019 202031
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26
31
3634
37
0
5
10
15
20
25
30
35
40
2016 2017 2018 2019 202032
-
102
131
118
142
98
0
50
100
150
2016 2017 2018 2019 2020 33
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$667,500
$737,500
$589,900
$729,900 $723,500
$0
$200,000
$400,000
$600,000
$800,000
2016 2017 2018 2019 202034
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Last Year vs. This YearJanuary
for CondosDistricts 05-35
35
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Total Active Listings2019 ~ 142 2020 ~ 98
DOWN -31%New Listings2019 ~ 48 2020 ~ 30
DOWN -38%Median List Price2019 ~ $729,900 2020 ~ $723,500
DOWN -0.8%
Properties that went into Escrow2019 ~ 24 2020 ~ 37
UP +54%36
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Sold Properties2019 ~ 21 2020 ~ 21
NO CHANGE Median Sold Price2019 ~ $742,161 2020 ~ $723,500
DOWN -2.5%Median Sold Price w/o Montecito2019 ~ $742,161 2020 ~ $681,692
DOWN -8.1%Average Sold Price2019 ~ $879,757 2020 ~ $918,569
UP +4.4%Average Sold Price w/o Montecito
2019 ~ $879,757 2020 ~ $809,998DOWN -7.9%
Sold Volume2019 ~ $18,474,911 2020 ~ $19,289,969
UP +4.4% 37
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January 2019 to January 2020Month by Month
for CondosDistricts 05-35
38
-
21
29
41
36
4339
45
2933
39
29
37
21
0
5
10
15
20
25
30
35
40
45
50
Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan
39
-
$742,161
$590,000
$690,000
$638,742$650,000$645,000
$620,000$675,000$670,000$643,500
$945,000
$725,000$723,500
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan
40
-
101110
115108
98108
100108
94
108
96 98
0
35
70
105
140
Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan
41
Condo Active Listings for the Last 12 Months
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Perspectivefor Condos2002-2020
42
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3836
40
29 2829
19
12
21
16
13
26
19
24
27
30
2321 21
0
10
20
30
40
50
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
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$372,000
$420,500
$547,450
$627,000
$687,000 $662,000
$589,000
$478,500
$375,000 $382,000
$353,000
$410,750
$599,000 $565,000
$562,000 $560,000 $570,000
$742,161 $723,500
$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
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Statistics Through January 2020
All information compiled from theSanta Barbara
Multiple Listing Service Dataon 2/5/2020
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�Compiled Data from the�Santa Barbara Multiple Listing Service �as of�2/5/2020JANUARY 1 – JANUARY 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�JANUARY�for Home Estate/PUDs�Districts 05-35Slide Number 15SOLD Properties�2019 vs. 2020 ~ YTDJanuary 2019 to January 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�January�for Condos�Districts 05-35Slide Number 36SOLD Properties�2018 vs. 2019 ~ YTDJanuary 2019 to January 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