The local Santa Barbara South Coast real estate market is outperforming 2018 in sales volume, price and marketing time. Year-to-date average sales prices for single-family homes are up 6% over last year as of the end of September and the median now stands at $1,250,000. The sweet spot in our market continues to be at $1MM to $1.4MM. There is a 5.05 month supply of homes from Goleta to Carpinteria if inventory remains steady. We are currently in a balanced sales market for homes. Trends vary from neighborhood to neighborhood, of course, and the luxury areas of our market favor buyers on the whole.