January 30, 2009

Santa Barbara Real Estate area of East of State St from for the last 30 days from December 24 ’08 to January 24 ‘09

For Santa Barbara Real Estate East of State St for Home Estate/PUDs there were 9 sales from December 24 ’08 to January 24 ’09 with a median sales price of $1.112 million. During the previous year there were also 9 sales with a median sales price of $1.195 million. This year 36 new listings appeared on the market with a median list price of just under $1.5 million and last year there were 31 new listings with a median list price of $1.25 million. The good news is there were more pending properties this year ringing up 13 as opposed to last year when there were just 9. But last year the 9 properties had a median list price of $1.45 million and this year the median list price is $985,000. Currently active on the East Side of Santa Barbara are 110 Home Estate/PUDs with a median list price of $1.45 million.

For the Condo Market on the East of State side of town for Santa Barbara Real Estate there were 2 sales for the period we’re talking about with a median sales price of $409,000 and last year there were 5 sales with a median sales price of $699,000. During the same time period 13 new condos came on the market this year with a median list price of $749,000 and last year there were 10 new listings with a median list price of $659,000. This year the pending properties are 1 ahead of last year when there were 3. The median list price is also close together. This year it’s $639,000 and last year it was $699,000. Right now there are 36 condos available on the East Side of Santa Barbara with a median list price of $749,000.



Posted by gandlwoods at January 30, 2009 10:34 AM