For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first 9 months of ’06 in the Single Family Home market 40 homes closed escrow with a median sold price of $1,372,500 and an average sold price of $3,481,425. 112 homes came on the market with a median asking price of $1,149,000 and an average asking price of $2,800,505. Also for that period 45 properties went into escrow, 13 were withdrawn from the market, 29 listings cancelled, 32 expired and 29 came back on the market. Currently there are 59 homes for sale in the area with a median list price of $1,375,000 and an average list price of $3,170,071.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first 9 months of ’06 in the Condo market 33 condos closed escrow with a median sold price of $549,000 and an average sold price of $598,719. 106 condos came on the market with a median asking price of $599,000 and an average asking price of $632,743. Also for that period 33 properties went into escrow, 18 were withdrawn from the market, 26 listings cancelled, 47 expired and 20 came back on the market. Currently there are 53 condos for sale in the area with a median list price of $574,000 and an average list price of $614,433.