From December 8 09 to January 8 10 for Home Estate/PUDs in Carpinteria Real Estate/Carpinteria Real Estate there were 13 sales compared to the previous year when there were 7 sales. Even more interesting is that for that period the median sales price was $882,500 compared to the previous year when it was $550,000. The average sales price was even more substantial going from $4.3 million this year and dropping to $1.54 million the previous year. Those 13 sales took an average of 92 days to go into escrow and then another 45 days to close escrow adding up to a total of 137 days of marketing time.
For Condominiums in Carpinteria Real Estate/Carpinteria Real Estate for the same time period there 3 sales this year and 4 sales the previous year and again the median sales price was higher this year. Right now the median sales price is $480,000 and last year the median sales price was $385,750. The sales price was even a wider spread going from $555,000 this year compared to an average sales price of $385,850 the previous year. Those 3 sales took an average of 128 days to go into escrow and then just 16 days on average to close escrow for a total marketing time of 144 days.
Posted by gandlwoods at January 12, 2010 07:59 AM