For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 9 months of ’07 in the Single Family Home market 52 homes closed escrow with a median sold price of $1,060,000 and an average sold price of $2,701,765. 104 homes came on the market with a median asking price of $1,195,000 and an average asking price of $2,632,013. Also for that period 52 properties went into escrow, 13 were withdrawn from the market, 19 listings cancelled, 37 expired and 20 came back on the market. Currently there are 5 homes for sale in the area with a median list price of $1,595,000 and an average list price of $4,017,528.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first nine months of ’07 in the Condo market 43 condos closed escrow with a median sold price of $559,000 and an average sold price of $575,296. 101 condos came on the market with a median asking price of $595,000 and an average asking price of $616,688. Also for that period 50 properties went into escrow, 10 were withdrawn from the market, 23 listings cancelled, 56 expired and 18 came back on the market. Currently there are 43 condos for sale in the area with a median list price of $615,000 and an average list price of $657,708.