On the West Side of Santa Barbara Real Estate for the Home Estate/PUD market there have been 126 sales since the first of the year with a median sales price of about $745,000 and last year there were 124 sales with a median sales price of about $925,000. The average sales price this year has been approximately $835,000 and in ‘08 that average was $1.05 million. The numbers of pended listings this year has reached 142 and in ’08 that number was 124. But this year the median list price for those pended listings was $775,000 and last year it was $949,000. There are only 69 Home Estate/PUDs available for purchase on the West Side of Santa Barbara with a median list price of $1.25 million and an average list price of $1.375 million.
For the condo market on the West Side of Santa Barbara Real Estate there have been 58 sales this year and in ’08 there were 52. But the median sales price has drifted downward from $555,000 in ’08 to $510,000 right now. The average sales price is a little bit farther apart with a $635,000 number posted in ’08 and a $582,000 number for ’09. The number of pended listings this year has been 75 with a median list price of $515,000 and last year there were 56 pended properties with a median list price of $535,000. Right now there are just 39 condos available for purchase on the West Side of Santa Barbara with a median list price of about $675,000 and an average list price of about $890,000.
Posted by gandlwoods at November 9, 2009 08:02 AM