May 24, 2006

Santa Barbara Real Estate Last Thirty Days for Montecito from April 18 to May 18 ’06

For the Santa Barbara Real Estate areas of Montecito Real Estate for Single Family Homes there were 14 that closed escrow in the last 30 days with a Median Sales Price of $3,760,000 and an Average Sales Price of $4,332,857. The average Days on the Market for those properties was 137. 33 properties came on the market with a Median Asking Price of $3,100,000 and an Average Asking Price of $3,541,242. 17 properties went into escrow with a Median Asking Price of $2,500,000 and an Average Asking Price of $4,483,529. The average Days on the Market for those properties is 48. Currently there are 124 Single Family Residents for sale in the area with a median asking price of $3,695,000 and an average asking price of $5,083,266. The average Days on the Market for those properties is 116.

For the Santa Barbara Real Estate areas of Montecito Real Estate for Condominiums there were 2 that closed escrow in the last 30 days with a Median Sales Price of $2,275,000 and an Average Sales Price of $2,275,000. The average Days on the Market for those properties was 131. 5 properties came on the market with a Median Asking Price of $1,599,000 and an Average Asking Price of $1,400,800. 2 went into escrow with a Median Asking Price of $898,500 and an Average Asking Price of $1,696,750. The average Days on the Market for those properties is 25. Currently there are 21 Condominiums for sale in the area with a median asking price of $1,395,000 and an average asking price of $1,463,092. The average Days on the Market for those properties is 84.


Posted by gandlwoods at May 24, 2006 07:20 AM