For the Santa Barbara Real Estate area of West of State St for the first 2 months of ’07 in the Single Family Home market 29 homes closed escrow with a median sold price of $985,000 and an average sold price of $1,152,293. 49 homes came on the market with a median asking price of $1,150,000 and an average asking price of $1,301,386. Also for that period 36 properties went into escrow, 7 were withdrawn from the market, 21 listings cancelled, 19 expired and 7 came back on the market. Currently there are 66 homes for sale in the area with a median list price of $1,169,000 and an average list price of $1,455,446.
For the Santa Barbara Real Estate area of West of State St for the first two months of ’07 in the Condo market 9 condos closed escrow with a median sold price of $649,000 and an average sold price of $639,500. 26 condos came on the market with a median asking price of $665,000 and an average asking price of $787,976. Also for that period 15 properties went into escrow, 3 were withdrawn from the market, 7 listings cancelled, 16 expired and 13 came back on the market. Currently there are 39 condos for sale in the area with a median list price of $685,000 and an average list price of $838,276.
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