December 31, 2006

Santa Barbara Real Estate Last Thirty Days for Montecito from November 22 to December 22 ’06

For the Santa Barbara Real Estate areas of Montecito Real Estate for Single Family Homes there were 15 that closed escrow in the last 30 days with a Median Sales Price of $2,700,000 and an Average Sales Price of $2,929,960. The average Days on the Market for those properties was 109. 21 properties came on the market with a Median Asking Price of $3,498,000 and an Average Asking Price of $5,903,428. 14 properties went into escrow with a Median Asking Price of $2,195,000 and an Average Asking Price of $2,622,071. The average Days on the Market for those properties is 125. Currently there are 111 Single Family Residents for sale in the area with a median asking price of $3,695,000 and an average asking price of $5,694,936. The average Days on the Market for those properties is 131.

For the Santa Barbara Real Estate areas of Montecito Real Estate for Condominiums there were 5 that closed escrow in the last 30 days with a Median Sales Price of $1,475,000 and an Average Sales Price of $1,400,000. The average Days on the Market for those properties was 100. 2 properties came on the market with a Median Asking Price of $1,350,000 and an Average Asking Price of $2,000,000. 5 went into escrow with a Median Asking Price of $1,575,000 and an Average Asking Price of $1,487,200. The average Days on the Market for those properties is 86. Currently there are 11 Condominiums for sale in the area with a median asking price of $1,295,000 and an average asking price of $1,598,909. The average Days on the Market for those properties is 183.

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Posted by gandlwoods at December 31, 2006 08:22 AM