Santa Barbara RegionSanta Ynez Valley Region

Market Update

Santa Ynez Valley Region

Q3 2024

Residential Property Snapshot

Single Family Homes & Condos | Q3 2024
Med. Sales Price
$1.23m
12% less than in
Q3 2023
Avg. Days On Market
31
24% more than in
Q3 2023
Closed Sales
39
2% fewer than in
Q3 2023
Inventory
86
21% more than in
Q3 2023

Sales Price vs. Closed Sales

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 Last 5 Years
Closed
New
Inventory

Closed Sales by Price

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 2024

Median Sales Price vs. Average Days on Market

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 Last 5 Years
By Year
By Price

Market Data by Year

Single Family Homes & Condos

  • Single Family Homes
  • Condos

 |  Q3 2024

Rotate your device to view as table
'23 - '24
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
21%
New Listings
New Listings represents the number of properties listed during the quarter.
19%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
34%
Closed Sales
-3%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
24%

5 Communities

Communities

Ballard

Median
$3m
DOM
0
Sales
1
Inv
2

Buellton

Median
$1.05m
DOM
31
Sales
11
Inv
14

Los Olivos

Median
$1.23m
DOM
14
Sales
3
Inv
2

Santa Ynez

Median
$1.6m
DOM
39
Sales
9
Inv
19

Solvang

Median
$1.6m
DOM
34
Sales
12
Inv
11

Explore More

Search Santa Ynez Valley Region Properties

SEARCH

Explore Santa Ynez Valley Region

EXPLORE

Data provided by North Santa Barbara County Regional MLS, and Santa Barbara Association of Realtors. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Sep 30, 2024 end of day. This report was last updated Oct 3, 2024.

© 2024 Sotheby’s International Realty. All Rights Reserved. Sotheby’s International Realty® is a registered trademark. Each Sotheby’s International Realty office is independently owned and operated, except those operated by Sotheby’s International Realty, Inc. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Equal Housing Opportunity.