Through the middle of March 08 for Montecito Real Estate weve seen 62 sales of Home Estate/PUDs compared to 78 in 07. But the Median Sales Price has taken a big jump from the already high number of $3,611,091 last year to the current $4,766,850. Everything else is rather close together. The Sales Price to Original List Price ratio this year is 90.81% compared to the 07 number of 92.07%. And the Days on the Market numbers for this year have been 115 compared to last years 109.
For Condominiums in Montecito Real Estate there have been 5 sales this year compared to the 15 of last year. But with the dramatically fewer sales the Median Sales Price has jumped off the chart. In 08 the Median Sales Price has been $1,750,000 compared to the 07 number of $1,200,000. But, just like with Home Estate/PUDs the rest of the numbers are rather close together. The Sales Price to Original List Price ratio for 08 has been 86.01% and in 07 it was 85.32%. And the Days on the Market this year have been 118 compared to last year when they were 115.
Posted by gandlwoods at May 20, 2008 07:33 AM