For the Santa Barbara Real Estate area of East of State St for the first 10 months of ’06 in the Single Family Home market 200 homes closed escrow with a median sold price of $1,277,000 and an average sold price of $1,475,870. 371 homes came on the market with a median asking price of $1,299,000 and an average asking price of $1,555,711. Also for that period 203 properties went into escrow, 53 were withdrawn from the market, 74 listings cancelled, 110 expired and 90 came back on the market. Currently there are 130 homes for sale in the area with a median list price of $1,349,000 and an average list price of $1,604,393.
For the Santa Barbara Real Estate area of East of State St for the first 10 months of ’06 in the Condo market 72 condos closed escrow with a median sold price of $797,500 and an average sold price of $928,677. 160 condos came on the market with a median asking price of $795,000 and an average asking price of $941,130. Also for that period 70 properties went into escrow, 19 were withdrawn from the market, 37 listings cancelled, 35 expired and 24 came back on the market. Currently there are 62 condos for sale in the area with a median list price of $715,000 and an average list price of $862,245.