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Santa Barbara Real Estate for the 1st, 7 Months of ’15 for Carpinteria/Summerland

Submitted by Gary Woods on Mon, 08/03/2015 - 12:30

For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 7 months of ’15 the sales are to 60 compared to 38 last year and the median sales price has gone down to $927,000 from $962,500 last year. The average sales price is also down from $2,701,270 last year to $2,042,051 this year and the pending sales went from 43 last year to 70 this year with the median list price on those pended sales falling to $942,000 in ’15 from $1,155,000 in ‘14. Right now there are 28 Home Estate/PUDs available for purchase in Carpinteria/Summerland with a median list price of about $1.545 million and an average list price of $3.606 million.

For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 7 months of ’15 in the condominium market there have 59 sales compared to 27 last year and the median sales price is down from $505,000 last year to $499,000 this year with the average down from $547,972 last year to $522,347 this year. The numbers of escrow are up from 26 to 62 with a median list price on those escrows rising from $504,500 last year to $519,000 this year. Right now there are 9 condos available for purchase in Carpinteria/Summerland with a median list price of $629,000 and an average list price of about $667,322.