For Santa Barbara Real Estate in the Montecito Real Estate area through December 18 there are 164 Home Estate/PUDs on the market with an average list price of about $6 million. The most expensive Estate currently on the market is listed for $29 million while at the other end of the spectrum you can live in Montecito for just $812,900. The median list price is $3.795 million.
With all those listings we only have 13 homes that are in escrow right now with an average list price of about $3.9 million. Topping the charts is an Estate on the market for $18.5 million and at the other end is a home listed for just under $900,000. The median list price of homes in escrow in Montecito is just under $2 million.
Through December 18 there have been 125 Home Estate/PUD sales with an average price of $3,369,496. The highest priced sale in ’09 was for about $25 million while the least expensive property went out at $750,000. The median sales price for the area this year is $2.45 million.
For the Condo market in Montecito Real Estate there are currently 16 properties available with an average list price of about $1.6 million. The most expensive condo on the market is listed about $4.5 million while the least expensive property is available at just under $600,000. The median list price for Montecito is $1.4 million.
Right now there are 2 condos in escrow in Montecito with an average list price of just under $2 million. The highest priced property is on the market for $3.325 million while the lowest priced condo is listed at $655,000. You mush all that together and it gives you a median list price of $655,000.
There have been 10 condos sales so far this year with an average sales price of $1,151,400. The most expensive condo sold for $1.875 million while the least expensive condo went out at $625,000. The median sales price for a condo in Montecito in ’09 is $945,000.
Posted by gandlwoods at December 22, 2009 09:05 AM