For West of State St in Santa Barbara Real Estate for Home Estate/PUDs for the period of 12/11/08 to 1/11/09 there were 8 sales compared to 11 last year for the same time period. This year the median sales price was $991,250 and last year the median sales price was $845,000. It took an average of 102 days to get an accepted offer for those 8 sales with a 34 days escrow time giving us a total marketing time of 136 days.
For Condominiums on the West Side of Santa Barbara Real Estate for the same time period there have been 4 sales with a median sales price of $455,000 and last year there were 3 sales with a median sales price of $950,000. This year it took only 55 days to get an accepted offer but the escrow time averaged 81 days for a total marketing time of 136 days.
Posted by gandlwoods at January 17, 2009 08:03 AM