For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 12 months of ’06 in the Single Family Home market 63 homes closed escrow with a median sold price of $1,240,000 and an average sold price of $2,981,896. 120 homes came on the market with a median asking price of $1,099,000 and an average asking price of $2,732,085. Also for that period 63 properties went into escrow, 21 were withdrawn from the market, 35 listings cancelled, 46 expired and 40 came back on the market. Currently there are 37 homes for sale in the area with a median list price of $1,489,000 and an average list price of $3,634,402.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 12 months of ’06 in the Condo market 48 condos closed escrow with a median sold price of $575,000 and an average sold price of $604,348. 117 condos came on the market with a median asking price of $599,000 and an average asking price of $642,545. Also for that period 44 properties went into escrow, 23 were withdrawn from the market, 33 listings cancelled, 63 expired and 25 came back on the market. Currently there are 42 condos for sale in the area with a median list price of $549,000 and an average list price of $608,130.