For the West of State St areas of Santa Barbara Real Estate there were 14 Home Estate/PUD sales in September with a median sales price of $802,000 and in August there were 10 sales with a median sales price of $810,000. The average sales price was also close together with $834,000 in August and $832,921 in September. The properties that went into escrow took a substantial surge on the West Side posting 16 in September up from 9 in August. But the medina list price for those homes going into escrow went from $919,500 in August to $859,000 in September. Replacing those 16 Home Estate/PUDs that went into escrow were 26 new listings with a median list price of $919,500 and in August there were 12 new listings with a median list price of $899,000.
For condos on the West Side of State St in Santa Barbara Real Estate there were just 3 sales in September compared to 8 in August. The median sales price went down from $606,500 in the previous month to $475,000 for the most recent month with the average sales price even farther apart. In August the average was $751,000 and in September it went down to $460,000. The numbers of condos going into escrow was closer together however with 9 going in for August and 7 in September. And the median list price for those properties was also closer together with $499,000 posted in August and $469,900 showing up in September. The numbers of new condos also moved for in September with 10 new properties arriving on the market with a median list price of $555,000 compared to 7 that showed up with a median list price of $749,000.
Posted by gandlwoods at October 14, 2008 07:55 AM