For the East of State St for Santa Barbara Real Estate Home Estate/PUDs for 12/11/08 to 1/11/09 there have been 10 sales with a median sales price of $1.317 million whereas last year there were 14 sales but the median sales price at that time was $980,135. It took 69 days to get an accepted offer on those 10 sales then 28 more days to close those escrows for a total marketing time of 97 days.
For Condominiums in the East of State St area of Santa Barbara Real Estate for the same time period there have been 2 sales with a median sales price of $409,000 whereas last year there were 4 sales with a median sales price of $659,500. This year it took an average of 82 days to get an accepted offer for those 2 sales with a 48 day average escrow period for a total of 130 days of total marketing time.
Posted by gandlwoods at January 16, 2009 05:13 AM