For the Santa Barbara Real Estate area of East of State St for the first 11 months of ’07 in the Single Family Home market 203 homes closed escrow with a median sold price of $1,225,000 and an average sold price of $1,418,927. 383 homes came on the market with a median asking price of $1,299,000 and an average asking price of $1,560,227. Also for that period 203 properties went into escrow, 55 were withdrawn from the market, 75 listings cancelled, 123 expired and 96 came back on the market. Currently there are 131 homes for sale in the area with a median list price of $1,499,000 and an average list price of $1,790,546.
For the Santa Barbara Real Estate area of East of State St for the first eleven months of ’07 in the Condo market 83 condos closed escrow with a median sold price of $825,000 and an average sold price of $9940,571. 125 condos came on the market with a median asking price of $899,000 and an average asking price of $1,093,724. Also for that period 83 properties went into escrow, 17 were withdrawn from the market, 21 listings cancelled, 32 expired and 20 came back on the market. Currently there are 37 condos for sale in the area with a median list price of $995,000 and an average list price of $1,170,243.