For Santa Barbara Real Estate in the Montecito Real Estate are there are currently 219 Home Estate/PUDs available with an average list price of about $5.8 million. On the top of the heap is a property listed for just under $30 million while the least expensive current listing in the area could be had for under $900,000. The median list price resides at about $3.6 million.
Right now there are 15 homes in escrow in Montecito with an average list price of about $5.7 million. Pushing that average is the highest priced home currently in escrow which is listed at $16 million while the least expensive property is in escrow with a $1.2 million list price. The median list price for properties starting the buying process is just under $4 million.
Through July 23 there have been 61 Home Estate/PUDs complete the buying process and those 61 have an average sales price of about $2.9 million. The median sales price has been about $2.25 million with the highest priced listing closing for over $25 million and the least expensive property going out at $750,000.
For the Condo market in Montecito Real Estate there are currently 24 properties available with an average list price of about $1.7 million. The median list price is just slightly south of that number at $1.6 million. The highest priced condo listing now on the market is listed for $3.495 million with the least expensive listing way down at $655,000.
Right now there 1 condo in escrow which is listed at $795,000 and 1 condo has closed escrow at $679,000.
Posted by gandlwoods at July 27, 2009 09:32 AM