February 17, 2010

Carpinteria/Summerland Days on the Market for 1/1/2010 to 2/12/10 compared to the previous year

From January 1 ’10 to February 12 ’10 for Home Estate/PUDs in Carpinteria Real Estate/Summerland Real Estate there were 12 sales compared to the previous year when there were 4 sales. The Median sales price also rose from $588,000 in ’09 up to $767,500 in ’10 with the average sales price rising even further from $569,000 last year to about $1,050,000 this year. The 12 sales this year took on average 90 days to get an accepted offer and another approximately 60 days to close for a total marketing time of about 150 days on average.

For Condominiums in Carpinteria Real Estate/Summerland Real Estate for the same time period there were 5 sales this year compared to 3 last year. The median sales price held firm however dropping only slightly from $340,000 in ’09 to $330,000 in ’10. The average sales price fell a little further from $355,000 last year to $317,800 this year. Those 5 sales this year took on average 79 days to get an accepted offer and with another 68 days of escrow time you get an average total marketing time of 146 days.

Santa Barbara Real Estate Statistics

Posted by gandlwoods at February 17, 2010 08:28 AM