For the Santa Barbara Real Estate area of West of State St for the first month of ’07 in the Single Family Home market 14 homes closed escrow with a median sold price of $1,150,000 and an average sold price of $1,327,035. 30 homes came on the market with a median asking price of $1,100,000 and an average asking price of $1,362,733. Also for that period 18 properties went into escrow, 5 were withdrawn from the market, 13 listings cancelled, 14 expired and 4 came back on the market. Currently there are 79 homes for sale in the area with a median list price of $1,149,000 and an average list price of $1,388,403.
For the Santa Barbara Real Estate area of West of State St for the first month of ’07 in the Condo market 4 condos closed escrow with a median sold price of $648,500 and an average sold price of $608,375. 8 condos came on the market with a median asking price of $649,000 and an average asking price of $626,687. Also for that period 9 properties went into escrow, 3 were withdrawn from the market, 1 listing cancelled, 14 expired and 11 came back on the market. Currently there are 34 condos for sale in the area with a median list price of $680,000 and an average list price of $853,755.