For Santa Barbara Real Estate in the Montecito Real Estate area there are currently 205 Home Estate/PUDs available with an average list price of about $6.2 million and a median list price of $3.8 million. At the top of the heap is a home listed for just under $30 million but you can still get a sub million dollar home in the area with one listing showing up at $985,000.
Right now there are 18 homes in escrow in Montecito with an average list price of about $2.8 million and a median list price of $2.2 million. The most expensive home in escrow is listed for $9.5 million but at the other end is one listed for $899,000.
Through September 12 there have been 86 Home Estate/PUDs complete the buying process and those 86 have an average sales price of about $3.6 million and a median sales price of $2.5 million. The largest sale this year was $25,279,165 and the least expensive home cost just $750,000.
For the Condo market in Montecito Real Estate there are currently 20 properties available with an average list price of about $1.67 million and a median list price of $1.549 million. One the top of the heap is a home in escrow with a list price of about $3.5 million and at the bottom of the scale is one listed for $655,000.
Right now there are no condos in escrow and a total of 4 have sold this year. The average sales price is $867,250 for those 4 and the median sales price is $679,000. The highest priced condo sale was $1.45 million and the least expensive property left the gate for $625,000.
Posted by gandlwoods at September 16, 2009 08:51 AM