For the Santa Barbara Real Estate area of West of State St for the first eleven months of ’05 in the Single Family Home market 201 homes closed escrow with a median sold price of $1,060,000 and an average sold price of $1,179,866. 310 homes came on the market with a median asking price of $1,175,000 and an average asking price of $1,273,281. Also for that period 201 properties went into escrow, 38 were withdrawn from the market, 34 listings cancelled, 54 expired and 51 came back on the market. Currently there are 83 homes for sale in the area.
For the Santa Barbara Real Estate area of West of State St for the first eleven months of ’05 in the Condo market 116 condos closed escrow with a median sold price of $689,000 and an average sold price of $758,747. 144 condos came on the market with a median asking price of $689,000 and an average asking price of $735,589. Also for that period 115 properties went into escrow, 17 were withdrawn from the market, 9 listings cancelled, 14 expired and 15 came back on the market. Currently there are 25 condos for sale in the area.