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Santa Barbara Real Estate in the Carpinteria/Summerland area for the first 5 Months of ’15

Submitted by Gary Woods on Mon, 06/08/2015 - 12:30

For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for Home Estate/PUDS for the first 5 months there have been 42 sales this year compared to 27 last year and the median sales price has risen from $860,000 in ’14 to $895,000 in ‘15. The average sales price has also risen from $1,962,156 in ’14 to $2,384,672 in ‘15. The escrows have also grown going from 29 last year to 52 this year but the median list price on those escrows went down from $1,000,000 to about $899,000 this year. Right now there are 33 Home Estate/PUDs available for purchase in Carpinteria/Summerland with a median list price of about $1.79 million and an average list price of about $4.149 million.

For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first five months of the year in the condo market there have been 38 sales compared to 18 last year. The average sales price has also fallen from $556,166 in ’14 to $501,052 in ‘15. The median sales price has fallen from last year when it was $516,250 to $489,500 this year. The numbers of escrows are above where it was last year when it was 19 rising to 43 this year and the median list price on those escrows has risen going from $478,500 last year to $499,000 this year. Right now there are 12 condos available for purchase in Carpinteria/Summerland with a median list price of $592,250 and an average list price of $591,041.