For the Santa Barbara Real Estate area of East of State St for the first eleven months of ’05 in the Single Family Home market 251 homes closed escrow with a median sold price of $1,301,000 and an average sold price of $1,428,727. 382 homes came on the market with a median asking price of $1,350,000 and an average asking price of $1,525,301. Also for that period 268 properties went into escrow, 43 were withdrawn from the market, 47 listings cancelled, 79 expired and 71 came back on the market. Currently there are 99 homes for sale in the area.
For the Santa Barbara Real Estate area of East of State St for the first eleven months of ’05 in the Condo market 87 condos closed escrow with a median sold price of $730,000 and an average sold price of $875,480. 135 condos came on the market with a median asking price of $835,000 and an average asking price of $995,336. Also for that period 90 properties went into escrow, 11 were withdrawn from the market, 19 listings cancelled, 15 expired and 19 came back on the market. Currently there are 27 condos for sale in the area.