A Brief History Of Median Sales Prices For Santa Barbara South County

Year
Median Price
% of Change
1981
$145,000
baseline
1982
$142,000
-2%
1983
$149,000
5%
1984
$164,000
10%
1985
$185,000
13%
The 1980's saw a 130% Gain
1986
$210,000
14%
1987
$260,769
24%
1988
$295,792
13%
1989
$333,636
13%

1990
$319,741
-4%
1991
$300,000
-6%
1992
$295,000
-2%
1993
$301,250
2%
1994
$320,000
6%
The 1990's saw a 53% Gain
1995
$310,000
-3%
1996
$320,000
3%
1997
$360,000
13%
1998
$420,000
17%
1999
$490,000
17%

2000
$585,000
19%
2001
$650,000
11%
2002
$755,000
16%
2003
$860,000
14%
2004
$1,006,000
17%
2005
$1,250,000
24%
The 2000's saw a 44% Gain
2006
$1,195,000
-4%
2007
$1,250,000c
5%
2008
$1,075,000
-14%
2009
$845,000
-19%
2010
$850,000
.006%
2011
$790,000
-7%

A Brief History Of Median Sales Prices For Montecito

Year
Median Price
% of Change
1981
$285,000
baseline
1982
$276,200
-3%
1983
$257,500
-7%
1984
$330,000
16%
1985
$360,000
9%
1986
$399,250
11%
The 1980's saw a 152% gain
1987
$438,500
10%
1988
$605,000
38%
1989
$717,000
18%

1990
$905,000
26%
1991
$800,000
-12%
1992
$745,000
-7%
1993
$650,000
-13%
1994
$596,500
-8%
1995
$625,000
5%
The 1990's saw a 21% gain
1996
$645,000
3%
The 20 Year gain was 286%
1997
$760,000
18%
1998
$950,000
25%
1999
$1,100,000
16%

2000
$1,497,500
36%
2001
$1,425,000
-4%
2002
$1,600,000
12%
2003
$1,810,000
13%
2004
$2,412,500
33%
2005
$2,403,750
0%
The 2000's saw a 56% gain
2006
$2,682,500
11%
The 30 Year gain was 721%
2007
$2,900,000
8%
2008
$3,300,000
13%
2009
$2,340,000
-29%
2010
$2,375,000
.10%
2011
$2,100,000
-12%