For the Santa Barbara Real Estate area of East of State St for the first 8 months of ’06 in the Single Family Home market 175 homes closed escrow with a median sold price of $1,300,000 and an average sold price of $1,666,465. 358 homes came on the market with a median asking price of $1,349,000 and an average asking price of $1,711,940. Also for that period 178 properties went into escrow, 50 were withdrawn from the market, 61 listings cancelled, 86 expired and 83 came back on the market. Currently there are 168 homes for sale in the area with a median list price of $1,399,000 and an average list price of $1,784,498.
For the Santa Barbara Real Estate area of East of State St for the first 8 months of ’06 in the Condo market 60 condos closed escrow with a median sold price of $807,500 and an average sold price of $908,896. 150 condos came on the market with a median asking price of $840,000 and an average asking price of $986,847. Also for that period 67 properties went into escrow, 16 were withdrawn from the market, 33 listings cancelled, 33 expired and 23 came back on the market. Currently there are 61 condos for sale in the area with a median list price of $790,000 and an average list price of $938,973.