For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 11 months of ’06 in the Single Family Home market 53 homes closed escrow with a median sold price of $1,240,000 and an average sold price of $3,195,179. 121 homes came on the market with a median asking price of $1,099,000 and an average asking price of $2,719,077. Also for that period 59 properties went into escrow, 19 were withdrawn from the market, 33 listings cancelled, 40 expired and 36 came back on the market. Currently there are 44 homes for sale in the area with a median list price of $1,149,000 and an average list price of $3,278,090.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 11 months of ’06 in the Condo market 46 condos closed escrow with a median sold price of $580,000 and an average sold price of $608,994. 117 condos came on the market with a median asking price of $599,000 and an average asking price of $642,006. Also for that period 43 properties went into escrow, 21 were withdrawn from the market, 32 listings cancelled, 59 expired and 23 came back on the market. Currently there are 46 condos for sale in the area with a median list price of $570,000 and an average list price of $599,380.