October 23, 2009

Santa Barbara Real Estate area of East of State St from for the last 30 days from Sept. 15 to Oct. 15 ‘09

For Santa Barbara Real Estate East of State St for Home Estate/PUDs there were 25 sales from Sept. 15 to Oct. 15 compared to 17 in ’08 for the same period. The median sales price this year is $825,000 and in ’08 it was $1.15 million. For ’09 32 properties went into escrow with a median list price of $899,000 and in ’08 there were 17 escrows with a median list price of about $1.2 million. This year there were 31 new listings that came on the market with a median list price of $945,000 and last year 34 new listings showed up with a median list price of $1.25 million. Right now there are 141 Home Estate/PUDs available for purchase on the East Side of Santa Barbara with a median list price of about $1.3 million.

For the Condo Market on the East of State side of town for Santa Barbara Real Estate this year 6 sales for the period we’re talking about with a median sold price of $525,450. Last year for the same period there were 8 sales with a median sales price of $511,500. For ’09 5 properties entered escrow with a median sales price of $485,000 and last year 6 went into escrow with a median sales price of $529,000. This year 9 new listings showed up with a median list price of $890,000 and last year there were 11 new listings with a median list price of $645,000. Right now there are just 46 condos available for purchase on the West Side of Santa Barbara.



Posted by gandlwoods at October 23, 2009 08:53 AM