For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 10 months of ’07 in the Single Family Home market 57 homes closed escrow with a median sold price of $1,025,000 and an average sold price of $2,572,409. 115 homes came on the market with a median asking price of $1,025,000 and an average asking price of $2,633,828. Also for that period 58 properties went into escrow, 16 were withdrawn from the market, 19 listings cancelled, 40 expired and 22 came back on the market. Currently there are 56 homes for sale in the area with a median list price of $1,595,000 and an average list price of $3,693,604.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first ten months of ’07 in the Condo market 47 condos closed escrow with a median sold price of $550,000 and an average sold price of $565,000. 114 condos came on the market with a median asking price of $595,000 and an average asking price of $599,600. Also for that period 53 properties went into escrow, 10 were withdrawn from the market, 27 listings cancelled, 63 expired and 20 came back on the market. Currently there are 49 condos for sale in the area with a median list price of $623,000 and an average list price of $639,215.