In the West of State St area of Santa Barbara Real Estate the inventory currently stands at 90 Home Estate/PUDs with an average list price of about $1.25 million. The most expensive listing on the West Side could be purchased for just under $6 million while the least expensive property could be had for $469,000. With all of that the median list price for the area is still over $1 million standing at $1,049,000.
There are 24 homes in escrow on the West Side with an average list price of just under $750,000. The most expensive home in escrow is listed for $1.249 million while the least expensive home is listed at $449,000. The median list price however stands at just under $700,000.
There have been 85 sales on the West Side this year with an average sales price of just about $840,000. The highest priced sale was $1.125 million while the least expensive sale was $230,000. The median sales price through this time period is $735,000.
For the Condo market on the West Side of Santa Barbara Real Estate there are 42 units currently available with an average list price of just under $800,000. The most expensive active listing is on the market for just under $1.9 million with the least expensive property available for $339,000. The median list price for the area however is $639,000.
Right now there are 13 condos in escrow with an average list price of about $540,000. The highest priced condo in escrow is listed for $959,900 while the least expensive home was on the market at $375,000. The median list price for homes currently in escrow is $457,400.
So far this year 34 condos have closed escrow with an average sales price of about $600,000. The median sales price has been $505,000 for the year with the highest priced condo leaving the gates at $1.4 million and the least expensive condo going out at just $275,000.
Posted by gandlwoods at July 29, 2009 07:59 AM