For Santa Barbara Real’s Carpinteria Real Estate/Summerland Real Estate for the Home Estate/PUD market the median sales price through August 14 is $712,500 which is down from $919,500 last year at this time. The numbers of sales are up by 2 with a total of 34 however.
The difference between the median list price for ’09 of about $$712,500 and the median list price of $1,299,000 is about 45% this year compared to last year when it was closer together at a 31% gap.
For the Carpinteria Real Estate/Summerland Real Estate condo market the numbers of sales is actually above where it was last year with 28 compared to 17 at this time last year. But he median sales price has fallen about $75,000 to just below $400,000
The gap between median list price and median sold price for ’09 is 30.5% which is up slightly from where it was in ’08 when it was 24.2%