In the West of State St area of Santa Barbara Real Estate the inventory currently stands at 87 Home Estate/PUDs with an average list price of about $1.25 million and a median list price of just under $1 million. The most expensive property on the West Side is listed for $2.9 million while the lowest priced listing can be had for $439,800. The average marketing time for those 87 Home Estate/PUDs is 133 days.
Right now there are 20 Home Estate/PUDs in escrow on the West Side of Santa Barbara with an average list price of about $875,000. The highest priced property in escrow is listed for about $2 million. The least expensive condo is escrow is listed for about $325,000 with a median list price of about $750,000.
For the period we’re talking about 20 homes closed escrow with an average sales price of about $1 million and a median sales price of $860,000. The highest priced home that closed escrow sold for $2.125 million while the least expensive home had a selling price of $230,000. The average marketing time for those 20 properties was 92 days.
For the Condo market on the West Side of Santa Barbara Real Estate there are 52 units currently available with an average list price of about $880,000. The highest priced listing is on the market for about $2.6 million with the least expensive property on the market for $315,000 with a median list price of about $600,000.
There are currently only 6 condos in escrow on the West Side with a top price of $1.12 million and a bottom price of $219,000. This gives us a median list price for the 6 condos of $414,800 and an average list price of about $560,000.
For the period we’re talking about 6 condos closed escrow with an average sales price of $567,333 and a median list price of $520,000. The highest priced condo closed for $900,000 with the least expensive property going out for $427,000.
Posted by gandlwoods at March 16, 2009 08:02 AM