Through the first 11 months of 09 for Carpinteria Real Estate/Summerland Real Estate in the Home Estate/PUD market there were 59 sales compared to 52 last year. The median sales price dropped however from about $850,000 in 08 to $670,000 in 09. The average sales price dropped even further from about $1.88 million last year to about $1.75 million this year. The numbers of pending listings went way up for 09 when they reached 77 compared to 54 in 08 but the median list price for those pended listings went from about $800,000 in 08 to about $700,000 in 09. For the same time period there were 141 new listings last year with a median list price of $979,000 and in 09 there have been 154 new listings with a median list price of $930,000. Right now there are 71 Home Estate/PUD properties available for purchase with a median list price of about $1.4 million and an average list price of a whopping $4.28 million.
For the condo market for the Carpinteria Real Estate/Summerland Real Estate are there have been 46 sales this year compared to 35 last year. But the median sales price has slid from $460,000 last year to $417,500 this year. The average sales price is a lot closer together however going from about $485,000 in 08 to just over $500,000 in 09. The numbers of listings that went into escrow was just 40 in 08 with a medina list price for those condos of $465,000 and in 09 there have been 58 listings that went into escrow with a median list price of just under $400,000. For 08 there were 137 new listings with a median list price of about $600,000 and in 09 there have been only 91 new listings with a median list price of $435,000. Right now there are just 28 condos available for purchase with a median list price of just under $500,000 and an average list price of just over $620,000.