September 18, 2014

Santa Barbara Real Estate for Goleta South and the Gap between Median Sales and Median List Prices for 1-1-2014 to 9-12-14

For Santa Barbara Real Goleta Real Estate South area for the Home Estate/PUD through 7/18/14 there have been 57 sales compared to 99 last year for a 42.4% drop but the median sales price went up from $705,500 last year to $765,000 for a 8.4% rise.

The median list price this year for $737,250 when compared to the median sold price of $765,000 gives us a +3.8% positive gap. Last year there was a $796,000 median list price and when compared to the median sold price of $705,500 gave us a -11.4% gap.

For the condo market in Goleta Real Estate South through 9/12/14 there were 63 sales this year compared to 47 last year for a 34.0% rise and the median sales price rose from $440,000 last year to $550,000 this year for a 25.0% rise.

This year the median list price of $519,000 compared to the median sold price of $550,000 gives us a positive gap of +6.0%. Last year the median list price of $719,000 and the median sold price of $440,000 gave us gap of -38.8%.


Posted by gandlwoods at 07:59 AM

September 17, 2014

Hope Ranch Gap between Median Sales and Median List Prices for 1-1-2014 to 9-12-14 for Santa Barbara Real Estate

For Santa Barbara Real Estate area of Hope Ranch Real Estate area for the Home Estate/PUD market through 7/18/14 there have been 24 sales compared to 22 last year for a 9.1% rise and the median sales price went up from $1,914,375 to $2,970,250 for a 55.2% rise.

The median list price of $4,072,500 this year and the median sold price of $2,970,250 gives us a gap of -27.1% gap and last year the median list price of $3,995,000 and the median sold price of $1,914,375 gave us -52.1% gap.

For Santa Barbara Real Estate area of Hope Ranch Real Estate area for the Condo market through 9/12/14 there was no activity.

Posted by gandlwoods at 06:37 AM

September 16, 2014

West of State St Gap between Median Sales and Median List Prices for 1-1-2014 to 9-12-14 for Santa Barbara Real Estate

For Santa Barbara Real Estate area of West of State St area for the Home Estate/PUD market through 7/18/14 there have been 160 sales compared to 188 last year for a 14.9% drop and the median sales price went up from $869,000 to $950,000 for a 9.3% rise.

The median list price of $929,000 this year and the median sold price of $950,000 gives us a +2.3% positive gap and last year the median list price of $1,095,000 and the median sold price of $869,000 gave us a -20.6% gap.

For Santa Barbara Real Estate area of West of State St area for the Condo market through 9/12/14 there have been 79 sales compared to 78 last year for a 1.3% rise and the median sales price went up from $552,500 to $639,000 for a 15.7% rise.

The median list price of $799,000 this year and the median sold price of $639,000 gives us a -20.0% gap and last year the median list price of $895,000 and the median sold price of $552,000 gave us a -38.3% gap.

Posted by gandlwoods at 06:34 AM

September 15, 2014

East of State St area of Santa Barbara Real Estate Real Estate for 1-1-2014 to 9-12-14 and the Gap between Median Sales and Median List Prices

For Santa Barbara Real Estate area East of State St area for the Home Estate/PUD market through 7/18/14 there have been 193 sales compared to last year when there were 210 sales for an 8.1% drop. The median sales price has gone up however from $995,000 last year to $1,212,000 this year for a 24.9% rise.

The gap between the median list price of $1.495 million and the median sold price of $1,212,000 gives us a -18.9% gap whereas last year the median list price was also $1,412,450 and when compared to the median sold price of $970,000 we get a
-31.1% gap.

On the condo side of the ledger for the East Side of Santa Barbara Real Estate through 9/12/14 there have been 59 sales compared to 70 last year for -15.7% decline but the median sales price has gone up from $560,500 last year to $640,000 this year for a 14.2% rise.

The difference between the median list price of $839,000 and the median sold price of $640,000 gives us a -23.7% gap. Whereas last year the median list price of $832,000 and the median sold price of $560,500 gave us a -32.6% gap.


Posted by gandlwoods at 06:37 AM

September 14, 2014

Montecito Gap Report for 1-1-2014 to 9-12-14 for Santa Barbara Real Estate

For Santa Barbara Real Estate’s Montecito Real Estate area for the Home Estate/PUD market the sales figures through 7/18/14 there have been 147 sales compared to 162 last year for a 14.1% decline. The median sales price last year was $2.45 million and this year it’s is $2.795 million for an 14.1% .

The difference between this year’s median list price of $4.65 million and the median sold price of $2.795 million gives us a -39.9% gap and last year the median list price of $4.195 million and the $2.45 million sales price gives us a -41.6% gap.

For the condo market in Montecito Real Estate through 9/12/14 there have been 10 sales compared to 21 last year for a 52.4% decline. The median sales price this year of $985,000 compared to last year when it was $1,318,750 gives us a 33.9% rise.

The gap report has a median list price this year of $1,569,000 and the $1,318,750 median sales price gives us a -15.9% gap and last year there was an $1,795,000 median list price compared to an $985,000 median sales price gave us a gap of -45.1%.

Posted by gandlwoods at 06:59 AM

September 13, 2014

Santa Barbara Real Estate for Carpinteria/Summerland and the Gap between Median Sales and Median List Prices for 1/1/2014 to 9/12/14

For Santa Barbara Real Carpinteria Real Estate/Summerland Real Estate area for the Home Estate/PUD through 7/18/14 there have been 48 sales compared to 72 last year for a 33.3% drop and the median sales price has gone up from $849,500 to $987,500 for a 16.2% rise.

The gap between the median list price of about $1,674,500 and the median sales price of $987,500 is -41.0% whereas last year the median list price of $1,999,000 and the median sales price of $849,500 gave us a -57.5% gap.

For the condo market in Carpinteria Real Estate/Summerland Real Estate through 9/12/14 there have been 29 sales compared to 67 last year for a 56.7% drop while the median sales price went up from $445,000 last year to $505,000 this year for a +13.5% rise.

The gap between the median list price this year of $545,000 and the median sales price of $505,000 gives us a gap of -7.3% difference where as last year the median list price was $624,000 and the median sales price was $445,000 for a -28.7% gap.

Posted by gandlwoods at 07:38 AM

September 12, 2014

Santa Barbara Real Estate for the 1st 8 Months of ’14 for Goleta North

For the Santa Barbara Real Estate area of Goleta Real Estate North for the first eight months of ’14 for the Home Estate/PUD market there have been 113 sales compared to 156 last year. The median sales price has gone up from $772,500 to $851,000 and the average sales price has gone up from $976,983 to $1,013,819. The sales price to original list price ratio has gone from 96% to x97. The numbers of new listings has fallen from 189 with an $810,000 median list price to 182 with an $875,000 median list price. The numbers of escrows is down from 159 with a $775,000 median list price to 136 with a $849,500 median list price. Right now there are 37 Home Estate/PUDs available for purchase on the North Side of Goleta with a median list price of $995,000 and an average list price of $1.495 million.

For the Santa Barbara Real Estate area of Goleta Real Estate North for the first eight months of ’14 for condominiums there have been 47 sales compared to 40 last year and the median sales price has gone from $419,500 to $454,000. The average sales price has also gone up from $427,620 last year to $459,941 this year. The numbers of new listings is up from 43 with a $425,000 median list price to 57 this year with a $455,000 median list price. The numbers of escrows is up from 36 last year with a $427,000 median list price to 45 this year with a $449,000 median list price. Right now there are 10 condos for sales in Goleta North with a median list price of $467,000 and an average list price of $496,640.


Posted by gandlwoods at 07:05 AM

September 11, 2014

Santa Barbara Real Estate for the 1st, 8 Months of ’14 for Goleta South

For the Santa Barbara Real Estate area of Goleta Real Estate South for the first 8 months of ’14 there have been 51 Home Estate/PUD sales compared to 95 last year. The median sales price has risen from $705,000 to $758,800 this year with the average sales price rising from $850,803 last year to $898,583 this year. The sales price to original list price ratio has gone from 100% to 97% and the numbers of new listings is down from 100 with a median list price of $701,150 to 75 in ’14 with a median list price of $749,700. The numbers of escrows is down from 94 to 57 but the median list price on those escrows is up from $699,000 to $750,000. Right now there are 15 Home Estate/PUDs available for purchase with a median list price of $749,500 and an average list price of $879,226.

For the Santa Barbara Real Estate area of Goleta Real Estate South for the first eight months of ’14 there have been 61 condo sales compared to 46 last year and the median sales price has risen from $439,500 to $550,000. The average sales price has also gone up from $440,982 to $583,463 and the sales price to original list price ratio has gone from 102% to 99%. There are 82 new listings this year with a median list price of $537,000 compared to last year when there were 49 new listings with a median list price of $440,000. The numbers of escrows have risen from 51 last year to 61 this year while the median list price on those escrows has gone from $439,000 to $549,000. Right now there are 24 condos available for purchase with a median list price of $542,500 and an average list price of $568,900.


Posted by gandlwoods at 05:40 AM

September 10, 2014

Santa Barbara Real Estate for the 1st 8 Months of ’14 for Hope Ranch

For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first eight months of ’14 there have been 23 sales compared to 22 last year. The median sales price is up from $1.914 million to $2.812 million with the average sales price up from $2.473 million to $3.126 million. The sales price to original list price ratio has gone from 90% to 92% and the numbers of escrows is up this year from 18 with a $2.027 million median list to 25 with a $2.9 million median list. The numbers of new listings is very close together with 35 in ’13 with a median list price of $3.5 million compared to 40 this year with a median list price of $3.254 million. Right now there are 24 Home Estate/PUDs available for purchase with a median list price of $4.845 million and an average list price of $7.056 million.

For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first eight months of ’14 has seen no activity.


Posted by gandlwoods at 07:36 AM

September 09, 2014

Santa Barbara Real Estate for the 1st 8 Months of ’14 West of State St

For the Santa Barbara Real Estate area West of State St for the first eight months of ’14 compared to ’13 for the Home Estate/PUD market there have been 149 sales this year compared to 184 last year and the median sales price has risen from $867,250 to $950,000. The average sales price is also up from $961,272 last year to $1,149,074 this year. The sales price to original list price ratio has fallen from 97% last year to 96% this year. The numbers of escrows is down from 193 with an $885,000 median list price to 152 this year with a $912,000 median list price. The numbers of new listings is down from 243 last year with an $899,900 median list price to 217 with a $920,000 median list price. Right now there are 45 Home Estate/PUDs available for purchase on the West Side of Santa Barbara with a median list price of $1,045,000 and an average list price of $1.114 million.

For the Santa Barbara Real Estate area West of State St for the first eight months of ’14 there have been 75 sales with a $630,000 median sales price compared to 74 sales last year with a $538,500 median sales price. The average sales price has risen from $600,501 to $765,195 and the sales price to original list price ratio has fallen from 98.39% to 97.3%. The numbers of escrows is up from 78 to 82 with the median list price on those escrows going up from $553,500 to $627,000. The numbers of new listings is up from 98 with a median list price of $622,500 to 112 with a median list price of $654,000. Right now there are 42 condos available for purchase with a median list price of $720,000 and an average list price of $906,178.

Posted by gandlwoods at 06:24 AM

September 08, 2014

Santa Barbara Real Estate for the 1st 8 Months of ’14 East of State St

For the Santa Barbara Real Estate area of East of State St for the first eight months of ’14 compared to ’13 there have been 183 Home Estate/PUD purchases this year and 204 last year but the median sales price rose from $970,000 last year to $1,225,000 this year. The average sales price went up from $1.127 million to $1.411 million the sales price to original list price ratio went from 96% to 95%. The numbers of escrows also fell from 202 with a median list price of $999,000 to 187 with a median list price of $1,295,000. The numbers of new listings went down from 297 with a median list price of $1,195,000 to 268 with a median list price of $1,299,500. Right now there are 81 Home Estate/PUDs available for purchase on the East Side of Santa Barbara with a median list price of $1.395 million and an average list price of $2.155 million.

For the Santa Barbara Real Estate area of East of State St for the first eight months of ’14 compared to ’13 for the condo market there were 57 sales this year with a median sales price of $625,000 and last year there were 64 with a median sales price of $568,500. The average sales price also went up from $649,433 to $770,882 and the sales price to original list price ratio went from 97% to 95%. This year the escrows are 60 with a median list price of $637,000 and last year there were 63 escrows with a median list price of $585,000. There have been 101 new listings this year down from 95 last year but the median list price has risen from $629,900 last year to $669,000 this year. Right now there are 36 condos available for purchase on the East Side of Santa Barbara with a median list price of $757,000 and an average list price of $1,080,566.

Posted by gandlwoods at 06:18 AM

September 07, 2014

Santa Barbara Real Estate for the 1st, 8 Months of ’14 for Montecito

For the Santa Barbara Real Estate area of Montecito Real Estate for the first eight months of ’14 compared to ’13 the sales are down from 154 to 137 for Home Estate/PUDs but the median sales price is up with $2.424 million last year to $2.8 million this year. The average sales price is also up going from $3.157 million last year to $3.681 million this year. The numbers of escrows is down from 161 to 142 but the median list price on those escrows is up from $2.495 million in ‘13 to $2.0 million in ’14. The sales price to original list price ratio is hovering right around 88% which is down from where it was last year at this time. The numbers of new listings is down going from 264 with a median list price of $2.95 million to 249 listings this year with a median list price of $3.38 million. Right now there are 112 Home Estate/PUDs available for purchase in Montecito with a median list price of $4.875 million and an average list price of $7.068 million.

For the Santa Barbara Real Estate area of Montecito Real Estate for the first eight months of ’13 there were 21 condos sales compared to this year when there were 9. The median sales price has risen from $985,000 to $1,150,000 and the average sales price has gone up from $1,143,095 to $1,681,055. The sales price to original list price ratio has gone down from 99.08% last year to about 93.81% this year and the numbers of new listings has gone down from 31 with a median list price of $1,295,000 to 20 with a median list price of $1,460,000. Right now there are 11 condos available for purchase with a median list price of $1.395 million and an average list price of $1.745 million.


Posted by gandlwoods at 06:56 AM

September 06, 2014

Santa Barbara Real Estate for the 1st, 8 Months of ’14 for Carpinteria/Summerland

For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real EstateEstate for the first 8 months of ’14 compared to ’13 the sales are down with 45 this year compared to 70 last year but the median sales price is up from $850,000 last year to $1,000,000 this year. The average is also up from $1,372,010 in ’13 to $2,515,647 in ’14. The numbers of escrows are down from 79 last year with a median list price of $860,000 to 54 this year with a median list price of $1,102,500. Right now there are 35 Home Estate/PUDs available for purchase with a median list price of $1.399 million and an average list price of $3.374 million.

For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first eight months of ’14 compared to ’13 the sales are down from 66 to 29 but the median sales price is up from $440,000 to $505,000. The average sales price is also up from $472,404 to $545,353 but the sales price to original list price ratio is down from 98.52% to 95.91%. The numbers of escrows is down from 63 to 29 but the median list price on those escrows is up from $449,000 to $529,000. There are fewer new listings this year with 48 compared to 67 last year but the median list price on those new listings is up from $459,000 to $536,500. Right now there are 18 condos available for purchase in Carpinteria/Summerland with a median list price of $549,000 and an average list price of $556,805.

Posted by gandlwoods at 07:22 AM