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West of State St for the first 6 Months of ’15 for Santa Barbara Real Estate

Submitted by Gary Woods on Thu, 07/09/2015 - 12:30

For the West of State St area of Santa Barbara Real Estate for the first 6 months there have been 126 sales this year compared to 111 last year. The median sales price has gone up from $913,700 in '14 to $987,500 this year with the average sales price also rising from $1,066,667 last year to $1,207,097 this year. The numbers of escrows are up from 108 in '14 to 136 in '15 and the median list price on those escrows has gone up from $895,000 last year to $1,067,000 this year. Right now on the West Side of Santa Barbara there are 31 Home Estate/PUDs available for purchase with a median list price of $1,279,000 and an average list price of approximately $1.418 million.

For the West of State are of Santa Barbara Real Estate for the first six months in the condo market there have been 54 sales compared to 54 in '14 but the median sales price has risen from $607,500 last year to $618,500 this year. The average sales price is down however going from $741,419 last year to $727,407 this year. The numbers of escrows is up from 54 last year with a median list price of about $612,000 compared to this year when there have been 61 opened escrows with a median list price of about $627,000. Right now there are 36 Condos available for purchase on the West Side of Santa Barbara with a median list price of $1,300,000 and average list price of about $1,351,830.