For the Santa Barbara Real Estate area of East of State St for the first 4 months of ’07 in the Single Family Home market 73 homes closed escrow with a median sold price of $1,125,000 and an average sold price of $1,329,573. 151 homes came on the market with a median asking price of $1,350,000 and an average asking price of $1,656,228. Also for that period 93 properties went into escrow, 19 were withdrawn from the market, 19 listings cancelled, 36 expired and 32 came back on the market. Currently there are 102 homes for sale in the area with a median list price of $1,600,000 and an average list price of $1,895,811.
For the Santa Barbara Real Estate area of East of State St for the first four months of ’07 in the Condo market 33 condos closed escrow with a median sold price of $776,000 and an average sold price of $862,303. 56 condos came on the market with a median asking price of $838,000 and an average asking price of $995,153. Also for that period 39 properties went into escrow, 8 were withdrawn from the market, 7 listings cancelled, 16 expired and 11 came back on the market. Currently there are 37 condos for sale in the area with a median list price of $838,000 and an average list price of $960,732.