For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first month of ’09 for the Home Estate/PUD market there was 1 sale for $500,000. This compares to last year when there were 3 with a median sold price of $946,125. One the brighter side 3 properties did go into escrow this year but they had a median list price of $668,666 whereas last year there were only 2 that went into escrow but the median list price was $5.7 million. For ’09 12 new properties came on the market with a median list price of just over $1 million compared to last year when 7 came on with a median list price just under $1 million. Right now there are 70 Home Estate/PUDs available for purchase in Carpinteria/Summerland with a median list price of about $1.3 million. The average days on the market for those 70 Homes are 162 days.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first month of ’09 in the Condo market 1 condo sold for $485,000 compared to last year when there were 2 sales but the median sold price was $372,500. 3 Condos did go pending this year with a median list price of $375,000 compared to 2 last year with a median list price of $279,900. 9 new listings appeared on the horizon for ’09 with a median list price of $625,000 compared to ’08 when 10 new condos showed up with a median list price of $549,000. Right now there are 33 condos available in the area with a median list price of $625,000. The average days on the market for those 33 condos are 142 days.