In the West of State St area of Santa Barbara Real Estate the inventory currently stands at 89 Home Estate/PUDs with an average list price of about $1.25 million and a median list price of just over $1 million. The most expensive property on the West Side is listed for $3.23 million while the lowest priced listing can be had for $449,000. The average marketing time for those 89 Home Estate/PUDs is 121 days.
Right now there are 29 Home Estate/PUDs in escrow on the West Side of Santa Barbara with an average list price of about $782,220. The highest priced property in escrow is listed for about $1.597 million. The least expensive condo is escrow is listed for about $329,900 with a median list price of about $750,000.
For the period we’re talking about 53 homes closed escrow with an average sales price of about $900,000 million and a median sales price of $775,000. 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 53 properties was 81 days.
For the Condo market on the West Side of Santa Barbara Real Estate there are 51 units currently available with an average list price of about $760,000. The highest priced listing is on the market for just under $2 million with the least expensive property on the market for $370,000 with a median list price of about $600,000.
There are currently only 14 condos in escrow on the West Side with a top price of $899,000 and a bottom price of $349,500. This gives us a median list price for the 14 condos of $460,000 and an average list price of about $535,492.
For the period we’re talking about 18 condos closed escrow with an average sales price of $560,516 and a median sales price of $503,000. The highest priced condo closed for $1,095,000 with the least expensive property going out for $310,000.
Posted by gandlwoods at May 30, 2009 09:32 AM