For the East of State St area of Santa Barbara Real Estate the inventory shows us 106 Home Estate/PUDs available for purchase with an average list price of about $1.9 million and a median list price of about $1.5 million. The most expensive property available on the East Side is listed for $11.9 million while the least expensive property can be had for just $330,000. The average marketing time for those 106 properties is 118 days.
There are 10 Home Estate/PUDs in escrow right now for the East Side with an average list price of $1.2 million and a median list price of $865,000. The highest priced property currently in escrow is listed for $2.65 million and the least expensive home listed for $350,000. The average marketing time for the 10 homes in escrow is 66 days.
For the period we’re talking about 11 Home Estate/PUDs have closed escrow on the East with an average sales price of about $1.3 million and a median sales price of $1.325 million. The highest priced property closed escrow for $2.395 million while the least expensive home closed escrow for $550,000. The average marketing time on the 11 properties is 87 days.
The condo market for the East Side of Santa Barbara Real Estate has 40 properties listed for sale right now with the top priced property showing up at a whopping $15 million. Way down on the other end of the scale the least expensive condo is listed at $424,900. The average list price for an East Side condo is $1.24 million while the median list price is $779,000. The average marketing time for those 40 condos is 98 days.
Right now there are only 4 condos in escrow with an average list price of $713,225 and a median list price of $639,000. The highest priced condo in escrow is listed for $979,000 while the least expensive condo is on the market for $439,900. The average marketing time for condos in escrow is 40 days.
For the period we’re talking about only 2 properties closed escrow with an average sales price of $409,000 and a median sales price of $400,000. The highest priced property closed escrow for $418,000 while the least expensive property sold for $400,000. The average marketing time for those 2 condos was 82 days.