For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first 10 months of ’06 in the Single Family Home market 48 homes closed escrow with a median sold price of $1,270,000 and an average sold price of $3,098,822. 115 homes came on the market with a median asking price of $1,100,000 and an average asking price of $2,756,690. Also for that period 51 properties went into escrow, 15 were withdrawn from the market, 31 listings cancelled, 36 expired and 34 came back on the market. Currently there are 50 homes for sale in the area with a median list price of $1,450,000 and an average list price of $3,420,620.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first 10 months of ’06 in the Condo market 36 condos closed escrow with a median sold price of $562,500 and an average sold price of $599,742. 111 condos came on the market with a median asking price of $599,000 and an average asking price of $641,944. Also for that period 42 properties went into escrow, 20 were withdrawn from the market, 29 listings cancelled, 53 expired and 21 came back on the market. Currently there are 43 condos for sale in the area with a median list price of $549,000 and an average list price of $600,360.