2017 – YEAR END STATISTICS….according to Santa Barbara MLS

There is a great deal to be learned from WHERE WE HAVE BEEN, in order to know where YOU ARE GOING!  Take a look below, and see where the world of real estate statistics hits home for you!

There is a full report with even more interesting figures (including condo and 17 yr. historic data). Let me know if you would like to discuss how these figures relate to your situation, or if you would like the full report emailed to you…with no obligation of course!

SANTA BARBARA MULTIPLE LISTING SERVICE STATISTICS as of January 5, 2018 

Year to Year Comparison – 2016 vs. 2017

PROPERTIES “SOLD”  – 2016 = 1,115 vs. 2017=1,179   (+5.7%)

MEDIAN LIST PRICE – 2016=$1,349,000 vs. 2017=$1,295,000   (-4%)

MEDIAN SALES PRICE2016=$1,149,000 vs. 2017=$1,250,000  (+8.8%)

MEDIAN SALES PRICE (excluding Hope Ranch/Montecito) – 2016=$999,000 vs. 2017=$1,100,000   (+10.1)

AVERAGE SOLD PRICE2016=$1,659,917 vs. 2017=$1,761,687   (+6.1%)

AVERAGE SOLD PRICE (excluding Hope Ranch/Montecito) – 2016=$1,260,625 vs. 2017=$1,385,453   (+9.9%)

TOTAL SOLD VOLUME 2016=$1,850,807,601 vs. 2017=$2,077,030,081   (+12.2)

 

 

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