January 27, 2010

Montecito from 1/1/2010 to 1/25/2010 for Price Range Statistics of Santa Barbara Real Estate

For Santa Barbara Real Estate in the Montecito Real Estate area through January 25 there are 167 Home Estate/PUDs available in the area with an average list price of about $5.7 million. Topping the list is a home on the market for $29 million and on the other end of the spectrum is property that can be purchased for just $875,000 but the median list price for the area is just under $4 million.

With all those listings we have 3 homes that are in escrow right now with an average list price of about $2.7 million. The most expensive home in escrow is listed at $5.45 million and the least expensive home is listed at $772,900. The median list price on homes in escrow right now is about $1.6 million.

Through January 3 there have been 3 Home Estate/PUD sales in Montecito with an amazing average of over $10 million. Topping the charts is a property that sold for $15.5 and on the other end is one sold for $943,000 this gives us a whopping $15 million median sales price.

For the Condo market in Montecito Real Estate there are currently 13 properties available with an average list price of about $1.47 million. The highest priced condo listing is a whopping $2.5 million and the least expensive condo can be snapped up for under $600,000 which gives us a median list price for Montecito of about $1.4 million.

Right now there are 2 condos in escrow in Montecito with an average list price of $1.125 million. The higher priced condo in escrow is listed for $1.2 million and the other one in escrow is on the market for $1,050,000 which gives us a $1,050,000 median list price.

There has been 1 condo sale for $1,050,000.

Posted by gandlwoods at January 27, 2010 08:57 AM