For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 8 months of ’06 in the Single Family Home market 44 homes closed escrow with a median sold price of $1,445,000 and an average sold price of $3,389,431. 111 homes came on the market with a median asking price of $1,149,000 and an average asking price of $2,701,596. Also for that period 48 properties went into escrow, 13 were withdrawn from the market, 29 listings cancelled, 36 expired and 30 came back on the market. Currently there are 60 homes for sale in the area with a median list price of $1,089,000 and an average list price of $2,975,329.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 8 months of ’06 in the Condo market 32 condos closed escrow with a median sold price of $585,000 and an average sold price of $652,928. 110 condos came on the market with a median asking price of $615,000 and an average asking price of $646,249. Also for that period 30 properties went into escrow, 16 were withdrawn from the market, 23 listings cancelled, 39 expired and 23 came back on the market. Currently there are 70 condos for sale in the area with a median list price of $599,000 and an average list price of $622,031.