For the Santa Barbara Real Estate area of West of State St for the first 10 months of ’06 in the Single Family Home market 156 homes closed escrow with a median sold price of $1,045,000 and an average sold price of $1,172,111. 298 homes came on the market with a median asking price of $1,070,000 and an average asking price of $1,231,105. Also for that period 157 properties went into escrow, 32 were withdrawn from the market, 61 listings cancelled, 94 expired and 76 came back on the market. Currently there are 101 homes for sale in the area with a median list price of $1,094,000 and an average list price of $1,260,188.
For the Santa Barbara Real Estate area of West of State St for the first 10 months of ’06 in the Condo market 58 condos closed escrow with a median sold price of $672,000 and an average sold price of $695,148. 147 condos came on the market with a median asking price of $699,000 and an average asking price of $771,760. Also for that period 60 properties went into escrow, 26 were withdrawn from the market, 32 listings cancelled, 58 expired and 32 came back on the market. Currently there are 49 condos for sale in the area with a median list price of $710,000 and an average list price of $855,330.