For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 5 months of ’07 in the Single Family Home market 23 homes closed escrow with a median sold price of $1,625,000 and an average sold price of $4,619,347. 69 homes came on the market with a median asking price of $999,000 and an average asking price of $2,653,976. Also for that period 29 properties went into escrow, 8 were withdrawn from the market, 7 listings cancelled, 20 expired and 11 came back on the market. Currently there are 58 homes for sale in the area with a median list price of $969,000 and an average list price of $2,384,636.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first five months of ’07 in the Condo market 18 condos closed escrow with a median sold price of $584,000 and an average sold price of $593,555. 67 condos came on the market with a median asking price of $589,000 and an average asking price of $596,592. Also for that period 27 properties went into escrow, 4 were withdrawn from the market, 13 listings cancelled, 32 expired and 11 came back on the market. Currently there are 52 condos for sale in the area with a median list price of $595,000 and an average list price of $639,903.