For Santa Barbara Real Estate for ’07 in Montecito Real Estate there were 91 Single Family Residents Close escrow since the first of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 110 days. The Average Days to Close which means the time the property was in Escrow was 41 days. This means that from start to finish was a total of 151 days. The Median Sold price for those properties was $2,862,500 and the Average Sold price was $3,585,221.
For Santa Barbara Real Estate for ’07 in Montecito Real Estate there were 16 Condos that Closed escrow since the first of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 107 days. The Average Days to Close which means the time the property was in Escrow was 40 days. This means that from start to finish was a total of 147 days. The Median Sold price for that property was $1,337,500 and the Average Sold price was $1,690,937.