For the Santa Barbara Real Estate area of West of State St for the first 4 months of ’07 in the Single Family Home market 66 homes closed escrow with a median sold price of $1,027,000 and an average sold price of $1,139,546. 110 homes came on the market with a median asking price of $1,149,000 and an average asking price of $1,290,935. Also for that period 70 properties went into escrow, 10 were withdrawn from the market, 33 listings cancelled, 29 expired and 14 came back on the market. Currently there are 78 homes for sale in the area with a median list price of $1,149,000 and an average list price of $1,340,521.
For the Santa Barbara Real Estate area of West of State St for the first four months of ’07 in the Condo market 25 condos closed escrow with a median sold price of $640,000 and an average sold price of $685,810. 58 condos came on the market with a median asking price of $679,000 and an average asking price of $813,994. Also for that period 29 properties went into escrow, 8 were withdrawn from the market, 14 listings cancelled, 22 expired and 15 came back on the market. Currently there are 47 condos for sale in the area with a median list price of $679,500 and an average list price of $809,557.