For Home Estate/PUDs on the East Side of Santa Barbara Real Estate in August there were 18 sales with a median sales price of $1,040,000 and in September there were 19 sales with a median sales price of $1,095,000. But interestingly enough the average sales price for both months is much farther apart, In August the average was $1,512,222 and in September the average was $1,170,078. The numbers of listings that went pending is also rather close together with 18 going into escrow in August with a median list price of $1,100,000 and in September 16 went into escrow with a median list price of $1,295,000. What did change a lot in September were the numbers of new listings which dropped down to 30 from 43 the previous month but the median list price for both months was close with a $1.295 million posted in August and $1.325 posted in September.
For condos on the East Side of Santa Barbara Real Estate there were 4 sales in August and 5 in September but thats where the similarity ends. In August the median sales price was $750,000 and the average sales price was $794,375 but in September those numbers dipped down to a $53,000 median sales price and an average of $509,400. The numbers of condos going into escrow dipped rather dramatically in September down to 4 from the August number of 7 and the median list price for those condos went down from $524,990 in August to $439,000 in September. The numbers of new condos also slid down in September from August when there were 15 new listings with a median list price of $725,000 to 6 new listings with a median list price of $619,000.