For West of State St in Santa Barbara Real Estate of Home Estate/PUDs some numbers are up and some numbers are down, but most dont show a whole lot of difference. In 07 there have been 165 Home Estate sold and in 06 there were 106. The Median Sales Price for 07 has been $1,025,000 and in 07 its at $1,037,500. The Sales Price to Original List price radio has widened out slightly in 07 to 91.68 from 93.03 in 06. Even the Days on the Market are almost exactly alike with 68 this year compared to 67 last year. Basically weve been treading water over on the West Side of Santa Barbara, but compared to the rest of the country, treading water is pretty darn good.
For Condominiums on the West Side of Santa Barbara Real Estate the picture is rosier for 07. This year there have been 67 sales and last year there were 60. The Median Sales price is down however from $672,000 last year to $645,500. The Sold Price to Original List price ratio is almost exactly where it was showing up at 94.23 for 06 as opposed to 94.45 for 07. The only number that stretched out was the Days on the Market. In 07 it has been 83 and last year it was 70. That means you have to wait almost 2 weeks longer to $37,000 fewer dollars for your Condominium.