For Santa Barbara Real Estate East of State St for Home Estate/PUDs there were 14 sales in ’08 with a median sales price of about $1.2 million whereas in ’07 there were 9 sales with a median sales price of $1.16 million. This year 28 properties came on the market with a median list price of just under $1.2 Million where in ’07 29 properties came on the market with a median list price of, you guessed it $1.2 million. Currently there are 118 homes available on the East Side of Santa Barbara with a median list price of $1.4 million.
For the Condo Market on the East of State for side of town for Santa Barbara Real Estate there 3 sales this year just as there were in ’07. But this year the median sales price was about $600,000 compared to last year when it was about $1.2 million. This year 8 properties came on the market with a median list price of $795,000 where as last year 8 properties came on but with a median list price of $739,000. The difference came in the numbers of properties that went pending. In ’08 2 went into escrow with a median list price of $459,900 and last year 5 went pending with a median list price of $799,000. Currently there are 43 condos available for purchase on the East Side of Santa Barbara with a median list price of just under $800,000.