For the East of State St area of Santa Barbara Real Estate the inventory shows us 143 Home Estate/PUDs available for purchase with an average list price of about $1.7 million. Topping the list of available homes is one currently listed at $9.8 million while at the other end of the spectrum is a home listed for just $425,000. Currently on the East Side the median list price is $1.375 million.
Right now there are 42 Home Estate/PUDs in escrow on the East side with an average list price of just under $900,000. The median list price is $750,000 however but the highest priced listing in escrow is on the market for just under $3 million. Down at the other end of the scale the least expensive property in escrow is on the market for $299,900.
So far this year 92 Home Estate/PUDs have been sold with an average sales price of about $1.06 million. The median sales price is right at $900,000 with the highest priced home closing escrow at $3.225 million and the least expensive home sliding out the door at $312,000.
The condo market for the East Side of Santa Barbara Real Estate has 44 properties for sale with an average list price of just under $800,000. The most expensive condo listing on the East Side is on the market for $1.75 million while at the other end of the scale is a property which could be purchased for just $325,000. When you hash it all out the median list price for the East Side of Santa Barbara is $675,000.
There are 9 condos in escrow right now with an average list price of about $450,000. Topping the charts is a property that’s in escrow for $649,000 while at the other end is one in escrow for $379,000. The median list price for properties starting the buying process is $445,500.
So far this year 32 properties have closed escrow with an average sales price of $608,184. On the top of the heap is a condo that sold for $1.3 million while on the other end of the scale is one that closed for $365,000. The median sales price thus far in ’09 is $510,000.