For Santa Barbara Real Estate in the Montecito Real Estate area through March 12 there are 168 homes currently for sales with and average list price of about $5.5 million. The most expensive home in the area is listed at $29 million while the least expensive home is on the market for $965,000 giving us a median list price for the area of $3.95 million.
With all those listings we have 13 homes that are in escrow right now with an average list price of $3.36 million. The most expensive property in escrow is listed at $14,750,000 while the least expensive home in escrow is listed for $849,000 which gives us a median list price for homes in escrow in Montecito of $1,795,000.
Through March 12 there have been 13 Home Estate/PUD sales in Montecito with an average sales price of about $3.9 million. The most expensive home sold for $15.5 million while the least expensive listing went out for $685,000 which gives us a median sold price of $2,050,000.
For the Condo market in Montecito Real Estate there are currently 17 properties available with an average list price of about $1.5 million. The most expensive condo currently for sale can be had for just under $3 million while the least expensive property is listed for just under $600,000 which gives us a median list price of about $1.4 million.
Right now there are 2 condos in escrow in Montecito with an average list price of about $1.1 million. The higher priced condo in escrow is listed for $1.2 million and the other one in escrow is on the market for $995,000 which gives us a $995,000 median list price.
There have been 3 condo sales in Montecito this year with an average sales price of $1.7 million. The highest priced sale was for $3 million while the least expensive sale was for $1,050,000 giving us a median sales price of $1,075,000.
Posted by gandlwoods at March 14, 2010 06:50 AM