For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 7 months of ’07 in the Single Family Home market 41 homes closed escrow with a median sold price of $1,179,000 and an average sold price of $3,113,182. 94 homes came on the market with a median asking price of $1,179,000 and an average asking price of $2,502,323. Also for that period 45 properties went into escrow, 8 were withdrawn from the market, 13 listings cancelled, 26 expired and 16 came back on the market. Currently there are 59 homes for sale in the area with a median list price of $1,295,000 and an average list price of $2,901,474.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first seven months of ’07 in the Condo market 29 condos closed escrow with a median sold price of $559,000 and an average sold price of $581,112. 84 condos came on the market with a median asking price of $549,000 and an average asking price of $612,314. Also for that period 34 properties went into escrow, 6 were withdrawn from the market, 20 listings cancelled, 39 expired and 13 came back on the market. Currently there are 51 condos for sale in the area with a median list price of $535,000 and an average list price of $615,397.