For Santa Barbara Real Montecito Real Estate area for the Home Estate/PUD market the sales figures through February 6th 2010 there have been 7 sales this year compared to 7 in 09 and the median sales price is almost exactly the same in both years. For 09 the median sales price was $2.5 million and in 10 its $2.485 million.
The gap between the median list price of just under $4 million this year and the median list price of about $2.5 million is 37.5% and last year those same ratios were present.
For the condo market in Montecito Real Estate through February 6th 2010 there have been 2 sales compared to none last year and the median sales price is just over $2 million.
The gap between the median list price of $1.395 million and the median sale price of $2.025 million is a positive a 56%.
Santa Barbara Real Estate Statistics