October 27, 2008

Santa Barbara Real Estate Days on the Market for East of State Street’08 through 10/26 plus ’08 to ’07 numbers compared

For the East of State St for Santa Barbara Real Estate Home Estate/PUDs for the time period from the first of the year until October 16 there have been 135 sales with an average of 92 days on the market and average days to close of 38 which gives us a total marketing time of 130 days. Those 138 sales had a median sales price of $1.1 million with an average sales price of $1.334 million. Last year for the same time period there were 184 sales with a median sales price of $1.22 million and an average sales price of $1.22 million.

For Condominiums in the East of State St area of Santa Barbara Real Estate there have been 42 sales for the same time period with an average days on the market of 98 and average days to close of 36 for a total marketing time of 134. Those 42 sales have a median sales price of $627,000 and an average sales price of $734,000. Last year for the same time period there were 77 sales with a median sales price of $817,500 and an average sales price of $909,187.


Posted by gandlwoods at October 27, 2008 06:50 AM