For the Santa Barbara Real Estate area West of State St Real Estate for the first 7 months of ’06 in the Single Family Home market 103 homes closed escrow with a median sold price of $1,055,000 and an average sold price of $1,152,749. 233 homes came on the market with a median asking price of $1,095,000 and an average asking price of $1,210,696. Also for that period 104 properties went into escrow, 20 were withdrawn from the market, 34 listings cancelled, 53 expired and 46 came back on the market. Currently there are 125 homes for sale in the area with a median list price of $1,096,000 and an average list price of $1,218,255.
For the Santa Barbara Real Estate area of West of State St for the first 7 months of ’06 in the Condo market 36 condos closed escrow with a median sold price of $677,000 and an average sold price of $714,880. 119 condos came on the market with a median asking price of $699,000 and an average asking price of $782,876. Also for that period 41 properties went into escrow, 14 were withdrawn from the market, 21 listings cancelled, 28 expired and 22 came back on the market. Currently there are 65 condos for sale in the area with a median list price of $689,000 and an average list price of $814,909.