For the Santa Barbara Real Estate area of East of State St for the first 2 months of ’07 in the Single Family Home market 35 homes closed escrow with a median sold price of $965,000 and an average sold price of $1,139,121. For ’08 17 Homes closed escrow with a Median Sales price of $1,250,000 and an Average Sales price of $1,482,411. For ’07 74 homes came on the market with a median asking price of $1,295,000 and an average asking price of $1,696,139. For ’08 68 new homes came on the market with a median list price of $1,299,000 and an average list price of $1,498, 369. Also for ‘07 47 properties went into escrow, 11 were withdrawn from the market, 9 listings cancelled, 24 expired and 12 came back on the market. For ’08 25 properties went pending, 7 were withdrawn 12 cancelled, 40 expired and 17 came back on the market. Currently there are 125 homes for sale in the area with a median list price of $1,399,000 and an average list price of $1,813,401.
For the Santa Barbara Real Estate area of East of State St for the first two months of ’07 in the Condo market 16 condos closed escrow with a median sold price of $749,000 and an average sold price of $725,781. In ’08, 7 condos closed escrow with a median sales price of $699,000 and an average sales price of $883,857. For ’07 30 condos came on the market with a median asking price of $829,000 and an average asking price of $996,940. For ’08, 29 new condos came on the market with a median list price of $759,000 and an average list price of $943,781. Also for ‘07 19 properties went into escrow, 4 were withdrawn from the market, 6 listings cancelled, 7 expired and 9 came back on the market. For ’08, 9 went pending, 6 were withdrawn, 3 cancelled, 12 expired and 2 came back on the market. Currently there are 45 condos for sale in the area with a median list price of $925,000 and an average list price of $1,105,483.
Santa Barbara Real Estate Podcasts
Posted by gandlwoods at March 7, 2008 08:37 AM