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West of State Street segment of Santa Barbara Real Estate Days on the Market from 1-1-15 to 7-10-15 compared to the previous year

Submitted by Gary Woods on Fri, 07/17/2015 - 12:30

For West of State St in Santa Barbara Real Estate for Home Estate/PUDs for the period of 1-1-15 to 7-10-15 there have been 136 sales compared to 118 last year. The median sales price rose from $911,850 last year to $985,000 this year and the average sales price has gone up from $1,058,644 last year to $1,196,931 this year. Those 136 sales took on average 43 days to get an accepted offer and when you add in another 41 days of escrow time you get an average total marketing time of 84 days.

For Condominiums on the West Side of Santa Barbara Real Estate for the same time period there have been 57 sales compared to 56 last year but the median sales price has risen from $607,500 to $627,000. The average sales price has gone down however from $757,708 to $723,122, Those 57 sales took 67 days on average to get an accepted offer and when you add in another 40 days of escrow time you get a total marketing time of 107 days.