For the Santa Barbara Real Estate area of East of State St for the first 10 months of ’07 in the Single Family Home market 193 homes closed escrow with a median sold price of $1,250,000 and an average sold price of $1,440,230. 370 homes came on the market with a median asking price of $1,299,000 and an average asking price of $1,568,216. Also for that period 194 properties went into escrow, 48 were withdrawn from the market, 72 listings cancelled, 105 expired and 91 came back on the market. Currently there are 137 homes for sale in the area with a median list price of $1,495,000 and an average list price of $1,766,977.
For the Santa Barbara Real Estate area of East of State St for the first ten months of ’07 in the Condo market 80 condos closed escrow with a median sold price of $811,250 and an average sold price of $915,843. 121 condos came on the market with a median asking price of $899,000 and an average asking price of $1,091,826. Also for that period 78 properties went into escrow, 15 were withdrawn from the market, 20 listings cancelled, 29 expired and 18 came back on the market. Currently there are 39 condos for sale in the area with a median list price of $999,000 and an average list price of $1,165,035.