For the Santa Barbara Real Estate area of East of State St for the first 9 months of ’06 in the Single Family Home market 178 homes closed escrow with a median sold price of $1,284,500 and an average sold price of $1,486,605. 344 homes came on the market with a median asking price of $1,349,000 and an average asking price of $1,588,679. Also for that period 179 properties went into escrow, 51 were withdrawn from the market, 67 listings cancelled, 91 expired and 83 came back on the market. Currently there are 133 homes for sale in the area with a median list price of $1,375,000 and an average list price of $1,749,276.
For the Santa Barbara Real Estate area of East of State St for the first 9 months of ’06 in the Condo market 63 condos closed escrow with a median sold price of $830,000 and an average sold price of $958,052. 149 condos came on the market with a median asking price of $825,000 and an average asking price of $970,808. Also for that period 68 properties went into escrow, 16 were withdrawn from the market, 34 listings cancelled, 32 expired and 23 came back on the market. Currently there are 56 condos for sale in the area with a median list price of $790,000 and an average list price of $936,622.