2011 Santa Barbara Real Estate :: Year-End Market Statistics

Home/Estate Market - Last Year vs. This Year

Total Active Listings
2010: 2,419
2011: 2,406
DOWN -0.5%

New Listings
2010: 1,756
2011: 1,762
UP +0.3%

Median List Price (of New Listings)
2010: $999,000
2011: $967,000
DOWN -3.2%

Number of Properties That Went Into Escrow
2010: 894
2011: 1,051
UP +17.6%

Number of Sold Properties
2010: 904
2011: 950
UP +5.1%

Median Sales Price
2010: $850,000
2011: $790,000
DOWN -7.1%

Median Sales Price (Without Montecito & Hope Ranch)
2010: $775,000
2011; $701,500
DOWN -9.5%

Average Sold Price
2010: $1,459,457
2011: $1,185,013
DOWN -18.8%

Average Sold Price (Without Hope Ranch/Montecito)
2010: $1,104,995
2011: $860,127
DOWN -22.2%

Sold Volume
2010: $1,319,349,511
2011: $1,125,762,394
DOWN -14.7%