Is the Greatest Real Estate Market Finally Coming to an End?

Get your free Real Estate Market Report where we dive into the specifics and learn how you can prepare for the increasing demand. The greatest real estate market ever to hit the Santa Ynez Valley continues with no end in sight.

In 2020, the total # of homes sold in the Santa Ynez Valley increased 15%, average sales prices increased 44% and median sales prices increased 21% over 2019. The Santa Ynez Valley real estate market continues an upward trajectory in Q1 with 2021 YTD average sales prices increasing 28% and median prices increasing 28% over YTD Apr, 2020

The market is characterized by a large competitive buyer-pool comprised mostly of buyers from Los Angeles County who see substantial value in our local area when compared to their local LA market. Due to this intense buyer demand inventory levels remain low with the # of homes sold YTD through Apr, 2021 increasing 31% over YTD Apr, 2020.

Stay tuned for next month's market report!

Cheers,
Joe