November 28, 2009

Oct. 27 to Nov. 27 ‘09 for Carpinteria/Summerland Real Estate for Santa Barbara Real Estate

For the Santa Barbara Real Estate an area of Carpinteria Real Estate/Summerland Real Estate for Home Estates and PUDs for the 30 day period from Oct. 27 to Nov. 27 in ’09 there were 2 sales compared to 4 last year and the median sales price slid from about $1.25 million down to about $540,000. The average sales price also went down from about $1.38 million to about $543,000. But during that same period in ’09 8 home went into escrow with a median list price of about $750,000 compared to 4 last year with a medina list price of $569,000. During that time in ’09 11 homes came on the market with a median list price of about $900,000 and last year 5 came on with a median list price of about $750,000. Currently there are 73 Home Estate/PUDs available for purchase in Carpinteria/Summerland with a median list price of about $1.5 million.

For Carpinteria Real Estate/Summerland Real Estate area for the condo market for the same period there were 4 sales this year and 3 last year. But the median sales price in ’08 was about $500,000 and in ’09 it was about 430,000. The average sales price also slid from $500,000 down to about $430,000. But during that time period in ’08 there were 6 escrows opened with a median list price of about $250,000 compared to ’09 when there were 7 escrows opened with a median list price of about $400,000. For the same time period in ’09 7 new listings showed up on the market with a median list price of $425,000 and last year 9 condos appeared with a median list price of $475,000. Right now there are 28 condos available for purchase in Carpinteria/Summerland with a median list price of about $500,000.

Posted by gandlwoods at November 28, 2009 06:38 AM