In the West of State St area of Santa Barbara Real Estate the inventory currently stands at 89 Home Estate/PUDs which is almost exactly where it was 5 weeks ago. The average list price on the West Side is about $1.2 million with the median list price showing up at $969,500. Topping the charts for a possible new home is one at $2.9 million while at the other end of the spectrum is one at $489,000.
There are 26 homes in escrow on the West Side with an average list price of just over $800,000 and a median list price just slightly farther down at $784,000. The highest price Home in escrow right now is listed for about $2 million while the least expensive property was on the market for $784,000.
There have been 38 sales on the West Side this year with an average sales price of just over $900,000. The median is a lot farther down however at about $715,000. The highest priced sale on that side of town was $2.125 million while the least expensive was just $230,000.
For the Condo market on the West Side of Santa Barbara Real Estate there are 48 units currently available which is down 4 from 5 weeks ago. The average list price is about $900,000 while the median list price is just under $900,000. Topping the charts is a condo listed about $2.595 million while on the other end of the scale is one that can be had for just $219,000.
Right now there are 9 condos in escrow with an average list price of about $500,000. The median list price is almost exactly the same number with the highest priced condo in escrow listed at $675,000 and the lowest priced condo in escrow at just under $400,000.
So far this year 12 condos have closed escrow with an average sales price of about $620,000. The median sales price is about $100,000 farther down however while the highest priced condo sale this year was about $1.1 million. On the other side of the ledger the least expensive condo sale was $310,000.
Posted by gandlwoods at April 28, 2009 07:22 AM