Post on 16-Oct-2021
transcript
Compiled fromSanta Barbara Multiple Listing Service Data
on 7/7/2010
Statistics Through June ‘10
MLS vs CORT for May ‘10
• 4 Residential Income
• 1 Reported Closed in January
• 4 Actually Closed in April
• 1 Reported Closed in June
• 1 Cancelled in MLS
• 2 Still Pending in MLS
• 18 Not in MLS
MLS 121 Sales 85 HE/PU – 36 CO
CORT 98 Sales
June 1-June 30
Home Estate/PUD
Districts 05-35
Total Total List Volume
Median List Price
Average List Price
DOM Total Sold
Volume Median Sold
Price Average
Sold Price SP/LP SP/OLP
Sold 81 $106,570,972 $942,000 $1,315,691 73 $100,012,795 $914,755 $1,234,725 93.85 88.85
List/Sold 18 $30,152,985 $1,185,000 $1,675,165 91 $27,792,151 $1,107,500 $1,544,008 92.17 85.62
Co-Broker 63 $76,417,987 $899,000 $1,212,983 68 $72,220,644 $855,000 $1,146,359 94.51 90.16
New 212 $529,316,099 $995,000 $2,496,774 18
Pending 103 $144,665,972 $885,000 $1,404,524 77
Withdrawn 20 $58,786,000 $1,795,000 $2,939,300 161
Cancelled 44 $75,820,900 $949,900 $1,723,202 133
Expired 48 $222,017,000 $1,995,000 $4,625,354 252
Back On Market
45 $87,004,875 $939,000 $1,933,441 154
Extended 69 $166,358,600 $1,200,000 $2,410,994 198
Active In Range
754 $2,314,254,508 $1,595,000 $3,069,303 126
Current Active
647 $1,999,840,913 $1,599,000 $3,090,944 130
HE/PU June ‘10
HE/PU June ‘09
Total Total List
Volume Median List
Price Average List
Price DOM
Total Sold Volume
Median Sold Price
Average Sold Price
SP/LP SP/OLP
Sold 81 $106,570,972 $942,000 $1,315,691 73 $100,012,795 $914,755 $1,234,725 93.85 88.85
Pending 103 $144,665,972 $885,000 $1,404,524 77
Total
Total List Volume
Median List Price
Average List Price
DOM Total Sold Volume
Median Sold Price
Average Sold Price
SP/LP SP/OLP
Sold 85 $110,183,919 $819,000 $1,296,281 71 $103,274,150 $794,000 $1,214,990 93.73 89.88
Pending 84 $104,800,195 $829,000 $1,247,621 81
Sold Listings
List Price Range Number of Listings Average Days to Sold
$200,000-$249,999 1 142
$250,000-$299,999 1 80
$450,000-$499,999 1 35
$500,000-$549,999 1 30
$550,000-$599,999 5 22
$600,000-$649,999 6 36
$650,000-$699,999 10 50
$700,000-$749,999 1 6
$750,000-$799,999 5 69
$800,000-$849,999 2 17
$850,000-$899,999 6 61
$900,000-$949,999 6 71
$950,000-$999,999 7 88
Sold Listings
List Price Range Number of Listings Average Days to Sold
$1,000,000-$1,099,999 2 17
$1,100,000-$1,199,999 3 23
$1,200,000-$1,299,999 3 52
$1,300,000-$1,399,999 4 300
$1,400,000-$1,499,999 2 33
$1,600,000-$1,699,999 2 60
$2,000,000-$2,249,999 1 25
$2,250,000-$2,499,999 3 106
$2,500,000-$2,749,999 2 61
$2,750,000-$2,999,999 2 14
$3,000,000-$3,249,999 1 221
$3,250,000-$3,499,999 1 117
$4,000,000-$4,249,999 2 207
$5,000,000+ 1 152
The average price for the 81 properties is $1,234,725.
The highest price is $5,704,896.
The median price is $914,755.
The lowest price is $219,900.
1043 Plum St
1270 Pepper Ln
Home Estate/PUD
•Number of Sales
•Median Sales Price
•Home Estate/PUDs Entering Escrow
•Number of Listings
•Median List Price
439
499
388355
434
0
100
200
300
400
500
600
2006 2007 2008 2009 2010
HE/PU SalesJan-June 2006-2010
$1,210,000 $1,262,500
$1,150,000
$830,000 $857,500
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2006 2007 2008 2009 2010
HE/PU Median Sales Price Jan-June 2006-2010
463
540
414 418
497
0
100
200
300
400
500
600
2006 2007 2008 2009 2010
HE/PU Pending Listings Jan-June 2006-2010
60
44
39 40
71
0
10
20
30
40
50
60
70
80
2006 2007 2008 2009 2010
HE/PU Fall Throughs Jan-June 2006-2010
13.0%
8.1%
9.4% 9.6%
14.3%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
2006 2007 2008 2009 2010
HE/PU Fall Through Percentages Jan-June 2006-2010
9951,004
946 943
1,051
880
900
920
940
960
980
1,000
1,020
1,040
1,060
2006 2007 2008 2009 2010
HE/PU New Listings Jan-June 2006-2010
$1,295,000 $1,295,000 $1,289,000
$1,245,000
$1,095,000
$950,000
$1,000,000
$1,050,000
$1,100,000
$1,150,000
$1,200,000
$1,250,000
$1,300,000
$1,350,000
2006 2007 2008 2009 2010
HE/PU Median List Price Jan-June 2006-2010
Last Year vs. This Year
January-June
for Home Estate/PUDs
Districts 05-35
• Total Active Listings
’09 1,584 , ’10 1,649 UP +4.1%
• New Listings
’09 943, ’10 1,051, UP +11.5%
• New Listings Median List Price’09 $1,245,000, ’10 $1,095,000, DOWN -12.0%
• Properties that went into Escrow
’09 418, ’10 497, UP +18.9%
Active and Pending Listings
’09 vs. ’10 January-June
Sold HE/PU ’09 vs. ’10 Jan.-June• Number of Sold Properties
’09 355, ’10 434 UP +22.3%
• Median Sales Prices’09 $830,100 ’10 $857,500 UP +3.3%
• Median Sales Prices w/o Hope Ranch/Montecito
’09 $736,000, ’10 $799,000 UP +8.6%
• Average Sold Price’09 $1,311,649, ’10 $1,464,177 UP +11.6%
• Average Sold Price w/o Hope Ranch/Montecito
’09 $954,065, ’10 $1,104,736 UP +6.4%
• Sold Volume’09 $465,607,214 ’10 $635,453,219 UP +36.5%
June ‘09 to June ’10
Month by Month
for Home Estate/PUDs
Districts 05-35
8582
68
8581
72
96
62
45
71
8986
81
0
20
40
60
80
100
120
June July August September October November December January February March April May June
Numbers of HE/PU Sales Month by Month
$794,000
$882,500$828,750
$750,000
$965,000
$750,000
$845,000
$763,500$795,000
$880,000$865,000$902,500$906,000
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
June July August September October November December January February March April May June
HE/PU Median Sales Price Month by Month
HE/PU
District Stats
171
417
390
250
53
126
177172
421
392
265
51
115
233
0
50
100
150
200
250
300
350
400
450
Crp-Smmrlnd Mont Est/Stte Wst/Stte Hpe Rnch Gol Sth Gol Nth
171/172
+0%
417/421
+0%
390/392
+0%
250/265
+6%
53/51
-3%
126/115
-8%
177/233
+31%
Number of Home/Estate Properties Listed
Since the 1st of the Year via Districts
29
56
8580
7
43
71
34
63
121
90
10
53
83
0
20
40
60
80
100
120
140
Crp-Smmrlnd Mont Est/Stte Wst/Stte Hpe Rnch Gol Sth Gol Nth
29/34
+17%
56/63
+12%
85/121
+42%
80/90
+12%
7/10
+42%
43/53
+23%
71/83
+16%
HE Sales via Districts
$1,618,862
$3,022,954
$1,100,608
$843,747
$3,457,500
$840,687 $866,586
$1,361,932
$3,944,059
$1,251,308
$961,412
$3,839,250
$710,268$822,083
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
$4,000,000
$4,500,000
Crp-Smmrlnd Mont Est/Stte Wst/Stte Hpe Rnch Gol Sth Gol Nth
HE Average Sales Price
$1.36M
-15%
$3.94M
+30%
$1.25M
+13%
$961
+13%
$3.83M
+10%
$710
-15%
$822
-5%
639613
590
544509
428
472
530 540
580613
647
0
100
200
300
400
500
600
700
July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June
HE/PU Active Listings For the Last 12 Months
570566
625619
647
520
540
560
580
600
620
640
660
June '06 June '07 June '08 June '09 June '10
HE/PU Active Listings June 06-010
Perspective
for Home Estates
2001-2010
548
619
531
626
563
439
499
388355
434
0
100
200
300
400
500
600
700
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Number of HE/PU Sales
from 05-35
Jan.-June ’01 to ‘10
$630,000
$740,000
$822,000
$1,000,500
$1,228,000 $1,210,000 $1,262,500
$1,150,000
$830,000 $857,500
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Median Sales Price of
HE/PU 05-35 from
Jan.-June ’01 to ‘10
June 1-June 30
Condos
Districts 05-35
Total Total List Volume
Median List Price
Average List Price
DOM Total Sold Volume
Median Sold Price
Average Sold Price
SP/LP SP/OLP
Sold 33 $17,282,450 $459,000 $523,710 77 $16,481,500 $439,000 $499,439 95.37 90.37
List/Sold 9 $4,171,500 $420,000 $463,500 81 $3,981,000 $395,000 $442,333 95.43 92.97
Co-Broker 24 $13,110,950 $459,000 $546,289 76 $12,500,500 $450,000 $520,854 95.34 89.57
New 55 $38,592,140 $479,800 $701,675 15
Pending 33 $15,908,172 $439,000 $482,065 50
Withdrawn 4 $4,423,000 $639,000 $1,105,750 91
Cancelled 11 $8,296,700 $525,300 $754,245 169
Expired 11 $7,724,800 $695,000 $702,254 255
Back On Market
11 $6,538,000 $649,000 $594,363 216
Extended 21 $14,708,250 $540,000 $700,392 208
Active In Range
181 $154,223,289 $629,000 $852,062 145
Current Active
147 $127,989,290 $649,000 $870,675 161
CO June ‘10
CO June ‘09
Total Total List Volume
Median List Price
Average List Price
DOM Total Sold Volume
Median Sold Price
Average Sold Price
SP/LP SP/OLP
Sold 33 $17,282,450 $459,000 $523,710 77 $16,481,500 $439,000 $499,439 95.37 90.37
Pending 33 $15,908,172 $439,000 $482,065 50
Total Total List Volume
Median List Price
Average List Price
DOM Total Sold Volume
Median Sold Price
Average Sold Price
SP/LP SP/OLP
Sold 43 $23,368,200 $459,000 $543,446 86 $22,528,600 $455,000 $523,920 96.41 86.90
Pending 37 $20,509,300 $460,900 $554,305 69
Sold Listings
List Price Range Number of Listings Average Days to Sold
$250,000-$299,999 1 8
$300,000-$349,999 3 43
$350,000-$399,999 6 71
$400,000-$449,999 7 82
$450,000-$499,999 3 186
$500,000-$549,999 7 26
$600,000-$649,999 2 108
$850,000-$899,999 1 102
$900,000-$949,999 1 68
$950,000-$999,999 2 142
The average price for the 33 properties is $499,439.
The highest price is $985,000.
The median price is $439,000.
The lowest price is $250,000.
The average Market Time is 77.
105 W De La Guerra #Q
5936 Hickory St #3
Condo Statistics•Number of Sales
•Median Sales Price
•Condos Entering Escrow
•Number of Listings
•Median List Price
163
205
123130
168
0
50
100
150
200
250
2006 2007 2008 2009 2010
CO Sales Jan-June 2006-2010
$675,000 $640,000
$599,000
$467,500 $437,000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
2006 2007 2008 2009 2010
CO Median Sales Price Jan-June 2006-2010
166
213
132
167
190
0
50
100
150
200
250
2006 2007 2008 2009 2010
CO Pending Listings Jan-June 2006-2010
13
1514
18
23
0
5
10
15
20
25
2006 2007 2008 2009 2010
CO Fall Throughs Jan-June 2006-2010
7.8%7.0%
10.6% 10.8%
12.1%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
2006 2007 2008 2009 2010
CO Fall Through Percentages Jan-June 2006-2010
456
403 394
325295
0
50
100
150
200
250
300
350
400
450
500
2006 2007 2008 2009 2010
CO New Listings Jan-June 2006-2010
$689,000
$629,999 $625,000
$517,000 $499,000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
2006 2007 2008 2009 2010
CO Median List Price Jan-June 2006-2010
Last Year vs. This Year
January-June
for Condos
Districts 05-35
• Total Active Listings
’09 517, ’10 443, DOWN -14.3%
• New Listings
’09 325, ’10 295, DOWN -9.2%
• New Listings Median List Price
’09 $517,000, ’10 $437,000, DOWN -15.5%
• Properties that went into Escrow
’09 167, ’10 190, UP +13.8%
Active and Pending Listings
’09 vs. ’10 January-June
Sold CO ’09 vs. ’10 Jan.-June
• Number of Sold Properties’09 130, ’10 168 UP +29.2%
• Median Sales Prices’09 $467,500 ’10 $437,000 DOWN -6.7%
• Median Sales Prices w/o Montecito ’09 $465,000, ’10 $429,500 DOWN -7.6%
• Average Sold Price’09 $501,379 ’10 $517,535 UP +3.2%
• Average Sold Price w/o Montecito’09 $500,002, ’10 $473,163 DOWN -5.4%
• Sold Volume’09 $65,179,363,’10 $86,945,900 UP +33.4%
June ‘09 to June ’10
Month by Month
for Condos
Districts 05-35
43
32 3133
36
30
27
21
18
27
32
37
33
0
5
10
15
20
25
30
35
40
45
50
June July August September October November December January February March April May June
Numbers of CO Sales Month by Month
$455,000
$488,250
$445,000
$505,000
$460,277$474,500$465,000
$375,000
$457,500
$415,000
$456,000$467,000$439,000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
June July August September October November December January February March April May June
CO Median Sales Price Month by Month
Condo
District Stats
86
43
120125
7469
95
42
96
114
41
55
0
20
40
60
80
100
120
140
Crp-Smmrlnd Mont Est/Stte Wst/Stte Gol Sth Gol Nth
86/95
+10%
43/42
-2%
120/96
-20%
125/114
-8%
74/41
-44%
Number of Condos Listed Since
the 1st of the Year via Districts
69/55
-20%
19
1
3029
33
20
36
10
3941
24
20
0
5
10
15
20
25
30
35
40
45
Crp-Smmrlnd Mont Est/Stte Wst/Stte Gol Sth Gol Nth
19/36
+89%
1/10
+900%
30/39
+30%
29/41
+41%
33/24
-27%
20/20
+0%
Condo Sales
via Districts
$410,237
$679,000 $600,797 $627,993
$440,059 $404,910 $453,672
$1,218,600
$587,295 $509,598
$375,692 $381,905
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
Crp-Smmrlnd Mont Est/Stte Wst/Stte Gol Sth Gol Nth
Condo Average Sales Price
$453
+10%
$1.21M
+79%
$587
-2%
$509
-18%
$375
-14%
$381
-5%
150145 144 145
129
111 111
145140
157
142147
0
20
40
60
80
100
120
140
160
180
July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June
CO Active Listings For the Last 12 Months
268
223
281
173
147
0
50
100
150
200
250
300
June '06 June '07 June '08 June '09 June '10
CO Active Listings June 06-10
Perspective
for Condos
2001-2010
212
242
199
230242
163
205
123130
168
0
50
100
150
200
250
300
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Number of CO Sales
from 05-35
Jan.-June ’01 to ‘10
$327,000
$395,000
$436,000
$558,250
$671,750 $675,000
$640,000
$599,000
$467,500 $437,000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Median Sales Price of
CO 05-35 from
Jan.-June ’01 to ‘10
Compiled fromSanta Barbara Multiple Listing Service Data
on 7/7/2010
Statistics Through June ‘10