City:
Buellton is a city in the state of california with a population of roughly 6,200. It is in Santa Barbara County, California the Santa Maria-Santa Barbara, CA core-based statistical areas (CBSA), Its Zip codes include 93427 .
Buellton is a small town located in Santa Barbara County, California. The population was 10,898 at the 2010 census. Buellton is known for its wine country and its many wineries. It is also known for its real estate market, which has seen a significant increase in prices over the past few years.
The history of Buellton dates back to 1881 when the railroad came through the area. A small town began to form and by 1884 it had a post office and a population of about 100 people. In 1906, the first vineyard was planted in Buellton and by 1910 there were 11 wineries in operation. The town continued to grow as more vineyards were established and by 1940 there were 25 wineries in operation. The wine industry took a hit during World War II but by 1950 there were 33 wineries in operation and the town had reached its peak population of 1,500 people.
Since then, the wine industry has slowly been declining while other businesses have started to take root in Buellton. Today, there are 17 wineries still operating in Buellton with a total production of about 7 million cases annually. The average price per bottle of wine sold has increased from $7 to $25 over the past few years which has led to an increase in property values throughout Buellton.
The real estate market in Buellton has seen significant growth over the past few years due to both demand from buyers and sellers alike. Prices for single family homes have increased by an average of 20% while prices for condos have increased by an average of 30%. There are currently no restrictions on who can purchase or sell property within Buellton so anyone with enough money can buy or sell property here regardless of their background or credit score. This high demand coupled with low supply has caused prices for properties within Buellton to rise significantly faster than anywhere else within Santa Barbara County.
Price Index: Santa Maria-Santa Barbara, CA