Wrapping up quarter one- despite all of the volatility of the rates one thing is consistent- lack of inventory.

In South Santa Barbara County this year Q1 160 sold with a median of $2,055,000 compared to last year 262 sold with a median of $2,251,000. This means sales are down 38%.

In North Ventura County Ojai through Camarillo Q1 this year 450 sold with a median of $966,996 compared to 655 sold with a median of $825,000 demonstrating the rapidly rising prices catching up to neighboring coastal counties.

DATA BY CITY

LTS = List to Sold Price Ratio

Santa Barbara 

74 sold

$1,997,000 median list price

$2,010,000 median sold price

26 avg days on market 

98.99% LTS 

Goleta

45 sold

$1,325,000 median list price

$1,400,000 median sold price

17 avg days on market 

101% LTS 

Montecito 

24 sold 

$5,385,000 median list price

$5,100,000 median sold price 

41 avg days on market

96.64% LTS

Carpinteria/Summerland

17 sold

$2,549,000 median list price 

$2,529,150 median sold price 

18 avg days on market

100%. LTS 

Hope Ranch 

7 sold 

$7,750,000 median list price

$7,250,000 median sold price

81 avg days on market 

92.44% LTS

Ventura

123 sold

$831,000 median list price 

$845,000 median sold price 

52 avg days on market

99.23% LTS

Oxnard

130 sold 

$707,500 median list price 

$706,000 median sold price 

43 avg days on market 

99.64% LTS

Camarillo

133 sold 

$759,900 median list price 

$760,000 median sold price 

35 avg days on market

99% LTS 

Ojai 

38 sold 

$1,198,500 median list price

$1,225,000 median sold price 

43 avg days on market 

98.31% LTS 

Santa Paula

18 sold

$634,990 median list price

$629,995 median sold price

70 avg days on market

99.54% LTS