For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for all of ’07 in the Single Family Home market 62 homes closed escrow with a median sold price of $1,010,000 and an average sold price of $2,487,698. 126 homes came on the market with a median asking price of $995,000 and an average asking price of $2,366,818. Also for that period 64 properties went into escrow, 17 were withdrawn from the market, 23 listings cancelled, 46 expired and 64 came back on the market. Currently there are 47 homes for sale in the area with a median list price of $1,595,000 and an average list price of $4,137,046.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for all of ’07 in the Condo market 54 condos closed escrow with a median sold price of $549,500 and an average sold price of $573,273. 119 condos came on the market with a median asking price of $615,000 and an average asking price of $629,114. Also for that period 58 properties went into escrow, 12 were withdrawn from the market, 38 listings cancelled, 74 expired and 25 came back on the market. Currently there are 34 condos for sale in the area with a median list price of $627,000 and an average list price of $649,714.