For Santa Barbara Real Estate in the Montecito Real Estate area currently 213 Home Estate/PUDs are on the market with an average list price of about of $6,252,000 million. The highest priced listing in the area is $47 million with the least expensive home on the market for just $829,000. The median list price for Montecito is currently about $3.7 million.
Currently there are 16 properties in escrow in Montecito which have an average list price of just over $3 million. The highest priced listing in escrow is on the market for about $9.5 million with the least expensive home in escrow about $1.2 million. The median list price for homes in escrow in Montecito is about $2.13 million.
For the period we’re talking about 35 Home Estate/PUDs closed escrow in Montecito with an average sales price of about $2.8 million. The highest priced listing that’s closed escrow so far this year went out at about $8.3 million with the least expensive home closing for $825,000. The median sales price is $2.5 million.
For the Condo market in Montecito Real Estate there are currently 25 properties available with an average list price of just under $1.7 million. The highest priced condo available is on the market for about $3.5 million while the least expensive property can be snapped up for just $695,900. The median however is right about $1.7 million.
Currently there are no condos in escrow in Montecito.
For all of ’09 there has been just 1 condo that closed escrow and that property sold for $679,000.
Posted by gandlwoods at May 28, 2009 09:22 AM