For the Santa Barbara Real Estate area Carpinteria Real Estate/ Summerland Real Estate for the first 5 months of ’06 in the Single Family Home market 23 homes closed escrow with a median sold price of $1,300,000 and an average sold price of $2,678,043. 65 homes came on the market with a median asking price of $1,249,000 and an average asking price of $3,356,311. Also for that period 27 properties went into escrow, 9 were withdrawn from the market, 13 listings cancelled, 20 expired and 14 came back on the market. Currently there are 48 homes for sale in the area with a median list price of $1,249,000 and an average list price of $4,394,466.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first 5 months of ’06 in the Condo market 15 condos closed escrow with a median sold price of $550,000 and an average sold price of $597,248. 63 condos came on the market with a median asking price of $640,000 and an average asking price of $682,701. Also for that period 17 properties went into escrow, 7 were withdrawn from the market, 10 listings cancelled, 22 expired and 11 came back on the market. Currently there are 54 condos for sale in the area with a median list price of $639,000 and an average list price of $676,003.