For Santa Barbara Real Estate area East of State St area for the Home Estate/PUD market through February 6th 2010 there have been 21 sales compared to 9 in ’09. The median sales price has dropped however from $970,000 last year down to $860,000 this year for an 11.3% decline.
The gap between the median list price of $1.395 million and the $860,000 median sales price yields a 39% discrepancy and in ’09 the median list price of $1.295 million and the $970,000 median sales price gave us a 25% gap.
On the condo side of the ledger for the East Side of Santa Barbara Real Estate through February 6th there have been 8 sales compared to 3 the previous year. But the median sales price fell from a lofty $850,000 to just $316,750.
The gap for ’10 with a median list price of $684,900 and the $316,750 median sales price gives us a 54% differential whereas in ’09 the median list price was $724,500 compared to the $850,000 median sales price gives us a positive 17% bulge.
Santa Barbara Real Estate Statistics
Posted by gandlwoods at February 12, 2010 09:04 AM