From Jan1 to August 20 for Carpinteria Real Estate/ Summerland Real Estate there have been 38 sales this year compared to 33 last year. But the median sales price has dipped from just under $900,000 to about $675,000 with the average sales price falling from just over $2 million to about $1.3 million. The average days on the market for those 38 sales this year is 93 and when you add in the average escrow period of 53 you get a total of 146 days Total Marketing Time.
For Condominiums in Carpinteria Real Estate/ Summerland Real Estate for the same time period there were 30 sales this year compared to 18 last year but the median sales price has fallen from about $470,000 to just above $400,000 with the average sales price going from just over $500,000 to just over $400,000. The averages on the market for those 30 sales is 104 and when you add in the average escrow period of 58 you get a total marketing time of 162 days on average.
Posted by gandlwoods at August 24, 2009 09:50 AM