For the Santa Barbara Real Estate area of West of State St area for the Home Estate/PUD market through February 6th this year there have been 9 sales compared to 13 last year. The median sales price also fell from $860,000 in ’09 to $727,500 in ’10 for a 15% decline.
The gap between the median list price of $975,000 and the median sold price of $727,500 for ’10 gives us a 28% differential compared to ’09 when the median list price was $899,000 and the median sold price was $860,000 for just a 4% gap.
For the Santa Barbara Real Estate West Side condo market there have been 3 sales in ’10 compared to 4 in ’09 and the median sales price drifted down from $496,000 in ’09 to $451,000 in ’10 for a 9% decline.
The gap of the median list price of $625,000 and the median sales price of $451,000 is about 28% compared to ’09 when the median list price was $759,000 and the median sales price was $496,000 for a 35% differential.
Santa Barbara Real Estate Statistics
Posted by gandlwoods at February 13, 2010 07:37 AM