For the Santa Barbara Real Estate area East of State St Real Estate for the first 7 months of ’06 in the Single Family Home market 132 homes closed escrow with a median sold price of $1,315,000 and an average sold price of $1,493,000. 283 homes came on the market with a median asking price of $1,395,000 and an average asking price of $1,624,269. Also for that period 155 properties went into escrow, 37 were withdrawn from the market, 49 listings cancelled, 72 expired and 62 came back on the market. Currently there are 131 homes for sale in the area with a median list price of $1,425,000 and an average list price of $1,795,656.
For the Santa Barbara Real Estate area of East of State St for the first 7 months of ’06 in the Condo market 48 condos closed escrow with a median sold price of $807,500 and an average sold price of $897,443. 124 condos came on the market with a median asking price of $859,000 and an average asking price of $994,210. Also for that period 55 properties went into escrow, 15 were withdrawn from the market, 26 listings cancelled, 24 expired and 17 came back on the market. Currently there are 57 condos for sale in the area with a median list price of $798,500 and an average list price of $924,531.