For the Santa Barbara Real Estate area of East of State St for the first 6 months of ’07 in the Single Family Home market 126 homes closed escrow with a median sold price of $1,187,500 and an average sold price of $1,356,116. 250 homes came on the market with a median asking price of $1,325,000 and an average asking price of $1,614,931. Also for that period 138 properties went into escrow, 29 were withdrawn from the market, 35 listings cancelled, 53 expired and 58 came back on the market. Currently there are 129 homes for sale in the area with a median list price of $1,450,000 and an average list price of $1,778,219.
For the Santa Barbara Real Estate area of East of State St for the first six months of ’07 in the Condo market 57 condos closed escrow with a median sold price of $817,500 and an average sold price of $900,414. 80 condos came on the market with a median asking price of $795,000 and an average asking price of $952,107. Also for that period 60 properties went into escrow, 9 were withdrawn from the market, 8 listings cancelled, 18 expired and 16 came back on the market. Currently there are 39 condos for sale in the area with a median list price of $699,000 and an average list price of $926,458.