For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first 7 months of ’06 in the Single Family Home market 32 homes closed escrow with a median sold price of $1,372,500 and an average sold price of $3,102,531. 86 homes came on the market with a median asking price of $1,100,000 and an average asking price of $2,943,403. Also for that period 36 properties went into escrow, 11 were withdrawn from the market, 19 listings cancelled, 27 expired and 22 came back on the market. Currently there are 56 homes for sale in the area with a median list price of $1,149,000 and an average list price of $3,100,790.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first 7 months of ’06 in the Condo market 24 condos closed escrow with a median sold price of $562,500 and an average sold price of $611,196. 95 condos came on the market with a median asking price of $629,900 and an average asking price of $653,642. Also for that period 26 properties went into escrow, 13 were withdrawn from the market, 16 listings cancelled, 31 expired and 17 came back on the market. Currently there are 65 condos for sale in the area with a median list price of $629,000 and an average list price of $638,535.