Is Santa Ynez, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Santa Ynez has remained a Buyer's Market.
Housing Prices in Santa Ynez, CA
How much do homes in Santa Ynez, CA cost?
Median Sold Price
$2,050,000
$795/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Santa Ynez was $2,050,000 in April 2024, up 36.7% from last year, and the median price per square foot was $795.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.0M | - | N/A |
2 Bedrooms | $1.2M | $1.5M | +28.1% |
3 Bedrooms | $1.3M | $1.5M | +11.9% |
4 Bedrooms | $3.5M | $2.3M | -33.1% |
5+ Bedrooms | $7.4M | $8.5M | +15.0% |
Summary: Santa Ynez housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.1%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 33.1%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Cities
Santa Ynez | $1.5M | $2.0M | +36.7% |
Solvang-Santa Ynez | $1.2M | $1.3M | +10.2% |
Solvang | $1.4M | $1.3M | -3.0% |
Housing Supply in Santa Ynez, CA
How many homes are available in Santa Ynez, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 41 | +2.5% |
Summary: The Santa Ynez real estate market had 41 homes for sale in April 2024, a 2.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 19 | 20 | +5.3% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Santa Ynez housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Santa Ynez in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Santa Ynez, CA
How long does it take to sell a home in Santa Ynez, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 101 Days | +359.1% |
Summary: Homes in Santa Ynez had an average of 101 days on market in Apr 2024, up by 359.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Santa Ynez; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.