Sotheby’s International Realty – Q1 2022 Market Update |

Posted on: April 18, 2022

Q1 2022 Market Report

AVERAGE SELLING PRICE - SANTA BARBARA
$2.3m

Santa Barbara’s average sales price rose 35% from $1.7M in Q1 2021 to $2.3M in Q1 2022.

AVERAGE SELLING PRICE - MONTECITO
$7m

In the first quarter of 2022, Montecito saw 64 sold properties compared to 101 properties sold in Q1 2021, a decrease of 37%.

AVERAGE SELLING PRICE - SANTA YNEZ
$3.8m

The average selling price in Santa Ynez increased 82%, from $2M in Q1 2021 to $3.8m in Q1 2022.

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Brandon Veltri

(805) 448-7433 [email protected]

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8 W Victoria Street
Santa Barbara, CA 93101

CA DRE# 2070796