For the Santa Barbara Real Estate area of Montecito Real Estate for Single Family Homes there were 11 that closed escrow in the last 30 days with a Median Sales Price of $2,050,000 and an Average Sales Price of $2,561,590. 16 properties came on the market with a Median Asking Price of $2,175,000 and an Average Asking Price of $4,092,125. 13 properties are currently in escrow with a Median Asking Price of $2,250,000 and an Average Asking Price of $2,835,769. Currently there are 93 Single Family Residences for sale in the area.
For the Santa Barbara Real Estate area of Montecito Real Estate for Condominiums there was 1 that closed escrow in the last 30 days with a Median Sales Price of $1,525,000 and an Average Sales Price of $1,525,000. 4 properties came on the market with a Median Asking Price of $1,999,000 and an Average Asking Price of $2,038,500. 2 properties are currently in escrow with a Median Asking Price of $1,395,000 and an Average Asking Price of $1,545,000. Currently there are 20 Condominiums for sale in the area.
And in more Santa Barbara Real Estate News….
When it comes to plans for expansion the Goleta council has decided to take the advice of the old song, “let’s call the whole thing off.” In a move which gladdens the hearts of all of us “Noleta” people the city council unanimously decided not to seek to expand its sphere of influence.
It’s unclear whether this will embolden those who wish to be under the sphere of influence of Santa Barbara however. Yesterday’s news didn’t seem to get them excited one way or another.
The council did leave the door open identifying an area from El Capitan to Santa Barbara and from the Los Padres National Forest to the ocean as an “area of interest.” Man, that’s a big area.
In another vote the council identified five neighborhoods connected to its current borders as “future city service areas.”
For now the future is bright for “Noleta” but this could change on a moment’s notice.
Posted by gandlwoods at December 21, 2005 09:11 AM