For the East of State St area of Santa Barbara Real Estatethrough December 18 there are 115 Home Estate/PUDs available for purchase with an average list price of about $1.8 million. The most expensive property can be purchased for $12.75 million while the least expensive home is available for just $395,000. The median list price for the area is $1.4 million.
With all those listings there are 29 homes in escrow with an average list price of about $885,000 with the most expensive home in escrow listed at $2.75 million. On the other side of the coin there’s a home in escrow that’s listed at $365,000 but the median list price of homes in escrow is $809,000.
Through December 18 there have been 203 sales with an average sales price of $1,036,643. The most expensive sale was for $3,295,000 while the least expensive sale was just $285,000. The median sales price for the area for ’09 is $900,000.
The condo market for the East Side of Santa Barbara Real Estatethrough December 18 shows us 38 available properties with an average list price of $875,622. The most expensive condo is priced at $2.8 million while the least expensive condo is on the market for just $430,000. All this gives us a median list price of just under $700,000.
There are 17 condos in escrow right now with an average list price of about $470,000. The highest listed property in escrow is on the market for just under $1.1 million while the least expensive condo is listed at under $300,000. The median list price for condos in escrow is $405,900.
This year through the middle of December there have been 51 condo sales with an average sales price of about $640,000. The most expensive condo sold for $1.875 million while the least expensive condo closed for just under $300,000. The median sales price for condos in ’09 on Santa Barbara’s East Side is $529,900.