For Santa Barbara Real Estate for ’05 in Montecito Real Estate there have been 221 Single Family Residents Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 106 days. The Average Days to Close which means the time the property was in Escrow was 43 days. This means that from start to finish was a total of 149 days. The Median Sold price for those properties was $2,450,000 and the Average Sold price was $3,205,719.
For Santa Barbara Real Estate for ’05 in Montecito Real Estate there have been 27 Condos Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 28 days. The Average Days to Close which means the time the property was in Escrow was 35 days. This means that from start to finish was a total of 73 days. The Median Sold price for those properties was $1,450,000 and the Average Sold price was $1,565,629.
And in more Santa Barbara Real Estate News….
Santa Barbara’s roundabouts are in the news. These constructions which usually sit in the middle of intersections are meant to both slow down and speed up traffic. Instead of stopping at a stop sign the driver goes around them hopefully at a slower speed.
The problem is they don’t seem to be slowing many people down. They are called “traffic-calming” but every time I go through one I feel more uptight. The plan is to install dozens of these things in the Upper East Side and around the Samarkand and Oak Park neighborhoods.
But there is currently a movement to kill the whole plan. People say they are unsafe, in the wrong spots and there is no real need for them in residential neighborhoods.
This should be a fun one to watch so hang on!!
Posted by gandlwoods at December 28, 2005 08:31 AM