For West of State St in Santa Barbara Real Estate of Home Estate/PUDs numbers of sales for ’08 is down with 10 properties closing escrow as opposed to 16 last year. The Median Sales Price for ’08 has been $1,092,500 and in ’07 it was $1,007,500. The Sales Price to Original List price radio has widened out slightly in ’08 to 92.39% up from 88.75% in ’07. The Days on the Market are very close with it a taking 94 days in ’07 to put your house in escrow compared to 83 days in ’08. For the West Side of Santa Barbara the Sales are down, the Median Sales price is up and the Days on the Market are very close.
For Condominiums on the West Side of Santa Barbara Real Estate there are exactly the same numbers of sales for ’08 as there were in ’07 with 6. But the Median Sales price has rise slightly from $680,500 in ’07 to $691,500 in ’08. The Sales Price to Original Price ratio is very close from year to year with 90.2% in ’07 vs. 88.5% for ’08. The Days on the Market is almost exactly where it was last year with numbers of 115 in ’08 as opposed to 113 for ’07.