For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first 2 months of ’07 in the Single Family Home market 9 homes closed escrow with a median sold price of $4,200,000 and an average sold price of $8,726,111. In ’08 5 Homes sold with a Median Sales Price of $946,125 and an Average Sales Price of $2,166,205. In ’07 19 homes came on the market with a median asking price of $1,375,000 and an average asking price of $3,246,100. In ’08 there were 18 New Homes on the Market with a Median Sales Price of $950,000 and an Average Sales Price of $1,992,100. For ‘07 12 properties went into escrow, 4 were withdrawn from the market, 3 listings cancelled, 7 expired and 4 came back on the market. In ’08 9 Homes have gone into escrow, 7 were withdrawn, 1 cancelled, 23 expired and 5 came back on the market. Currently there are 42 homes for sale in the area with a median list price of $1,350,000 and an average list price of $4,089,661..
For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first two months of ’07 in the Condo market 3 condos closed escrow with a median sold price of $520,000 and an average sold price of $516,666. In ’08, 3 condos closed escrow with a Median Sales Price of $420,000 and an Average Sales Price of $510,000. In ‘07 29 condos came on the market with a median asking price of $649,000 and an average asking price of $640,444. In ’08 10 new condos came on the market with a Median List Price of $550,000 and an Average List price of $560,700. Also for ’07 11 properties went into escrow, 2 were withdrawn from the market, 5 listings cancelled, 13 expired and 4 came back on the market. In ’08 6 properties entered escrow, 1 was withdrawn, 6 cancelled, 8 expired and 8 came back on the market. Currently there are 34 condos for sale in the area with a median list price of $570,000 and an average list price of $618,327.
Santa Barbara Real Estate Podcasts
Posted by gandlwoods at March 5, 2008 08:33 AM