On the West Side of Santa Barbara Real Estate for the Home Estate/PUD market there have been 109 sales through the first 9 months with a median sales price of $935,000 and an average sales price of $1.05 million. But last year there has been 148 sales with a median sales price $1.03 million and an average sales price of almost $1.2 million. The numbers of homes that have entered escrow are starting to get closer to the numbers which entered escrow in 07. So far this year 124 properties started the buying process with a median list price of $925,000 and in 07 145 had entered escrow with a median list price of $1.049 million. There are currently 91 Home Estate/PUDs available for purchase on the West Side of Santa Barbara with a median list price of $1.149 million and an average list price of $1.438.
For the condo market on the West Side of Santa Barbara Real Estate the figures arent quite up to whats going on for the Home Estate market. Through September 08 47 condos have closed escrow with a median sales price of $575,000 and an average sales price of $654,223. In 07 there had been 63 sales with a median sales price of $645,000 and an average sales price of $782,462. Just like other districts the pending properties are starting to edge forward and currently there 56 condos which have entered escrow with a medina list price of $549,000 compared to last year when there were 64 condos that entered escrow with a median list price of $665,000. Right now there are only 56 condos available for purchase on the West Side of Santa Barbara with a median list price of $895,000 and an average list price of $1,102,855.
Posted by gandlwoods at October 21, 2008 07:34 AM