For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first month of ’07 in the Single Family Home market 5 homes closed escrow with a median sold price of $1,615,000 and an average sold price of $3,088,000. In ’08 there were 3 sales, with a Median Sales price of $946,125 and an average sales price of $877,008. 9 homes came on the market with a median asking price of $859,000 and an average asking price of $948,333 in ’07 and in ’08 7 homes came on the market with a Median List price of $1,129,000 and an average list price of $2,373,714. For ’07, 5 properties went into escrow, 3 were withdrawn from the market, 2 listings cancelled, 5 expired and 2 came back on the market. For ’08 2 properties went into escrow, 6 were withdrawn from the market, 1 listing cancelled, 14 expired and 2 came back on the market. Currently there are 43 homes for sale in the area with a median list price of $1,400,000 and an average list price of $4,235,320.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first month of ’07 in the Condo market 0 condos closed escrow with a median sold price of $0 and an average sold price of $0. For the first month of ’08 in the Condo market 2 condos closed escrow with a median sold price of $372,500 and an average sold price of $372,500. 9 condos came on the market in ’07 with a median asking price of $589,000 and an average asking price of $590,444 and in ’08 8 condos came on the market with a median asking price of $549,000 and an average asking price of $554,250. For ‘07 5 properties went into escrow, 1 was withdrawn from the market, 3 listings cancelled, 8 expired and 1 came back on the market. In ’08 1 property went into escrow, 1 was withdrawn from the market, 4 listings cancelled, 6 expired and 6 came back on the market. Currently there are 39 condos for sale in the area with a median list price of $579,000 and an average list price of $626,460.