For the Santa Barbara Real Estate area of East of State St for the first 3 months of 09 the numbers of Home Estate/PUD sales is just 2 behind the 08 figures but the median sales price has come down about 20% from last year. The numbers of pending properties is only 1 behind the pace from last year but the median list price for those properties is also about 20% below the previous years figures. The numbers of new listings is up about 10% this year however with the median list price for those properties also above the 08 level. Currently there are 145 Home Estate/PUDs available on the East Side of Santa Barbara with a median list price of $1.495 million and an average list price of $1.87 million.
For the Santa Barbara Real Estate area of East of State St for the first three months of 09 there have been only 7 condo sales compared to 12 last year. With the numbers of sales down by about half the median sales price is down by a little over $100,000. On the bright side the pending condos are 2 above last years number but the median list price for those condos is about $160,000 below the figure from last year. But again the numbers of new listings is up from 39 in 08 with a median list price of $675,000 to 44 for 09 with a median list price of $660,000. Right now there are 45 condos available on the East Side of Santa Barbara with a median list price of $699,000 and an average list price of about $775,000.