For the Santa Barbara Real Estatearea of West of State St for the first month of ’10 in the Single Family Home market 7 properties closed escrow with a median sales price of $727,500 and an average sales price of just under $920,000. In ’09 there were 10 sales with a median sales price of $886,000 and an average list price of $966,800. This year there have been 12 open escrows with a median list price of $625,000 and last year there were 16 open escrows with a median list price of just under $750,000. Right now there are 54 Home Estate/PUDs available for purchase with a median list price of $975,000 and an average list price of just under $1.4 million.
For the Santa Barbara Real Estatearea of West of State St for the first month of ’10 in the Condo market 1 closed escrow with a sales price of $435,000. Last year there were 4 closed escrows with a median sales price of just under $500,000 and an average sales price of just under $580,000. But this year there are 7 open escrows with a median list price of about $435,000 compared to last year when there were 2 open escrows with a median list price just under $400,000. Right now there are just 38 Condos available for purchase on the West Side of Santa Barbara with a median list price of $625,000 and a median list price of $882,583.
Posted by gandlwoods at February 5, 2010 09:02 AM