March 29, 2009

Santa Barbara Real Estate area of East of State St from for the last 30 days from February 20 to March 20 ‘09

For Santa Barbara Real Estate East of State St for Home Estate/PUDs there were 11 sales from February 20th to March 20th ’09 with a median sales price of $820,000. During the previous year there were also 12 sales with a median sales price of $881,500. This year 34 new listings appeared on the market with a median list price of just under $1.199 million and last year there were 40 new listings with a median list price of $1.449 million. There were more pending properties last year ringing up 19 as opposed to this year when there were 15. But last year the 19 properties had a median list price of $1.2 million and this year the median list price is $799,000. Currently active on the East Side of Santa Barbara are 132 Home Estate/PUDs with a median list price of $1.475 million.

For the Condo Market on the East of State side of town for Santa Barbara Real Estate this year there have been 4 sales for the period we’re talking about with a median sales price of $556,000 and last year there were 5 sales with a median sales price of $562,000. During the same time period 16 new condos came on the market this year with a median list price of $605,000 and last year there were 12 new listings with a median list price of $530,000. This year the pending properties are exactly the same as last year when standing at 4. But the median list price is very different. This year the median list price for pending condos is $459,000 and last year it was $969,000. Right now there are 48 condos available on the East Side of Santa Barbara with a median list price of $699,000.



Posted by gandlwoods at March 29, 2009 08:28 AM