For Santa Barbara Real Estate in Carpinteria Real Estate/Summerland Real Estate there are currently 63 Home Estate/PUDs available for purchase. The highest priced home can be had for $37.5 million while the least expensive home is one the market for $629,000 which gives us a median list price of $1.345 million. All those properties that were available down into the $400,000s have been gobbled up.
For Carpinteria/Summerland there are 14 Home Estate/PUDs in escrow right now with the most expensive property listed about $9.5 million and the least expensive property showing up with a $449,000 list price. This gives us a median list price of the pending Home Estates of $589,900 which is about $800,000 below the current median list price for the overall inventory.
So far this year we’ve seen a total of 52 Home Estate/PUDs complete the selling process in Carpinteria/Summerland. Of those 52 properties the most expensive one that went out sold for $13.2 million and the least expensive home closing for $460,000. This gives us median sold price for the area of $845,000.
For the condo market in Carpinteria Real Estate/Summerland Real Estate there are 70 available for purchase right now with a top price of $6,930,250. The least expensive active condo is listed for $240,000 which gives us a median list price of $679,000.
There are currently 14 condos in escrow in Carpinteria/Summerland with a top list price of $925,000 and a bottom list price of just $239,900. But there’s a lot more action farther down the scale than what’s listed above which gives us a median list price for the Pending Condos of $299,000.
For all of ’08 so far there have been 34 condo sales in the area with the top price showing up at just under $1 million. The least expensive condo sold for $250,000 which gives us a median sales price for Carpinteria/Summerland condos of $460,000.
Posted by gandlwoods at November 30, 2008 07:43 AM