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Summerland Market Report

$2,436,472

AVERAGE PRICE OF 25 HOMES

$3,709,850

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$4,149,500

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$4,704,211

AVERAGE PRICE OF 9 HOMES WITH A POOL

$980,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $2,436,472
Avg Bedrooms 2.96 beds
Avg Bathrooms 3 baths

Average Price by Bedrooms

1 bedroom $385,000
2 bedrooms $1,342,863
3 bedrooms $1,264,546
4 bedrooms $3,999,500
5 bedrooms $4,937,500
Summerland Home Price Trends
  3/2023 2/2023 1/2023 12/2022 11/2022
Total Listings 24 22 21 19 22
Average Price $2,385,924 $2,490,698 $2,607,738 $2,736,760 $2,630,886
Avg Price Change -4.39% -4.70% -4.95% +4.02% +4.81%
Median Price $1,079,741 $1,165,222 $1,262,617 $1,234,483 $1,355,172
Med Price Change -7.92% -8.36% +2.28% -9.78% +5.05%
Avg Bedrooms 2.93 beds 2.86 beds 2.89 beds 2.99 beds 3.01 beds
Avg Bathrooms 3.01 baths 3.06 baths 3.06 baths 3.08 baths 3.02 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 25 $2,436,472 153 days
Multi-Million Dollar Homes 14 $3,709,850 167 days
Newly Built Homes 2 $4,149,500 298 days
Homes with a Pool 9 $4,704,211 178 days
Reduced Price Homes 1 $980,000 227 days