For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first 3 months of ’07 in the Single Family Home market 15 homes closed escrow with a median sold price of $1,615,000 and an average sold price of $5,923,333. 32 homes came on the market with a median asking price of $1,250,000 and an average asking price of $3,815,184. Also for that period 18 properties went into escrow, 7 were withdrawn from the market, 4 listings cancelled, 13 expired and 6 came back on the market. Currently there are 37 homes for sale in the area with a median list price of $1,095,000 and an average list price of $2,992,344.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first three months of ’07 in the Condo market 9 condos closed escrow with a median sold price of $570,000 and an average sold price of $580,000. 44 condos came on the market with a median asking price of $589,000 and an average asking price of $610,599. Also for that period 15 properties went into escrow, 2 were withdrawn from the market, 7 listings cancelled, 17 expired and 5 came back on the market. Currently there are 51 condos for sale in the area with a median list price of $599,000 and an average list price of $627,976.