For the East of State St area of Santa Barbara Real Estatethrough March 12 there are 105 Home Estate/PUDs available for purchase with an average list price of about $1.8 million. The highest priced listing is on the market for $12,750,000 while the least expensive property can be had for $375,000 giving us a median list price of $1.4 million.
There are currently 25 homes in escrow with an average list price of about $1.56 million. The most expensive home in escrow is listed for $8.9 million with the least expensive home in escrow listed at $395,000 giving us a median list price of those homes in escrow of just under $900,000.
Through March 12 there have been 36 sales with an average sales price of $1,047,812. The most expensive sale in the area was for $3.5 million while the least expensive sale was for $455,000 giving us a median sales price of $839,000.
The condo market for the East Side of Santa Barbara Real Estatethrough March 12 there are 41 condos available for purchase with and average list price of about $850,000. The highest priced condo on the market is listed at $2.8 million while at the other end of the spectrum is one on the market for $346,900 giving us a median list price of$675,000.
There are 8 condos in escrow right now with an average list price of $564,390. The highest priced condo in escrow is listed at about $1.1 million while on the other end of the spectrum is one listed at $412,500 giving us a median list price for the condos in escrow of $430,275.
This year through March 12 there have been 12 condo sales with an average sales price of about $420,000. The highest priced sale was for $825,000. The least expensive property sold for $290,000 giving us a median sales price thus far this year of $420,000.