For the East of State St Home Estate/PUDs for Santa Barbara Real Estate there have been 26 sales compared to 45 for ’07. But interestingly the Median Sales price is exactly reversed. For ’08 that number has been $1,137,500 compared to the ’07 number of $1,000,000. The Average Sales numbers mirror those for the Median Sales number. In ’08 the Average has been $1,286,557 compared to ’07 when it was $1,168,263. The numbers that are really close however are the Days on the Market. In ’08 it’s been 96 and in ’07 it was 99.
For Condominiums in the East of State St area of Santa Barbara Real Estate there have been 11 sales compared to 22 last year. And there is an equal bulge as far as Median Sales price is concerned. In ’08 it’s been $675,000 compared to $762,000 for ’07. But the Average Sales price has been very close. In ’08 it’s been $820,818 compared to last year’s number of $832,613. On the upside it has take dramatically less time to get an accepted offer. In ’08 it’s been 126 compared to the ’07 number of 161.