April 2020 Market Update
In this month’s Santa Barbara real estate report, we are taking a closer look at the impact Coronavirus is having on our local market. Due to the depth of this topic, we felt a video discussion would be more helpful than our typical written commentary. Pour yourself a cup of coffee and enjoy this discussion with Daniel Zia, the Founder of Zia Group.
Home Values Are Up
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South Santa Barbara County Single Family Homes for April 2020
Including year over year change | See definition of terms
113 New Listings
25% Decrease
79 Sold Listings
11% Decrease
440 Homes for sale
17% Decrease
$1,159,000 Avg Sales Price
1% Decrease
44 Avg Days on market
14% Decrease
3.22 Months of Inventory
30% Decrease
South Santa Barbara County Condos for April 2020
Including year over year change | See definition of terms
47 New Listings
13% Decrease
29 Sold Listings
29% Decrease
124 Condos for sale
26% Decrease
$651,000 Avg Sales Price
6% Decrease
61 Avg Days on market
16% Decrease
3.22 Months of Inventory
30% Decrease