For the Santa Barbara Real Estate area East of State St for the first 6 months of ’06 in the Single Family Home market 113 homes closed escrow with a median sold price of $1,335,000 and an average sold price of $1,483,646. 239 homes came on the market with a median asking price of $1,395,000 and an average asking price of $1,647,848. Also for that period 129 properties went into escrow, 26 were withdrawn from the market, 37 listings cancelled, 62 expired and 46 came back on the market. Currently there are 128 homes for sale in the area with a median list price of $1,350,000 and an average list price of $1,720,995.
For the Santa Barbara Real Estate area of East of State St for the first 6 months of ’06 in the Condo market 45 condos closed escrow with a median sold price of $805,000 and an average sold price of $876,939. 107 condos came on the market with a median asking price of $899,000 and an average asking price of $1,024,157. Also for that period 49 properties went into escrow, 11 were withdrawn from the market, 22 listings cancelled, 23 expired and 10 came back on the market. Currently there are 47 condos for sale in the area with a median list price of $969,000 and an average list price of $1,104,168.