For Santa Barbara Real Estate in the Montecito Real Estate area through July 16 there are currently 193 Home Estate/PUDs for sale with an average sales price of about $5.4 million. The most expensive listing is on the market for $42.5 million while at the other end of the scale you can get a home in Montecito for just $818,000 giving us a median list price for the area of about $3.5 million.
With all those listings we have 18 homes in escrow right now with an average list price of $4.23 million. The highest priced property in escrow is listed for $15.3 million while the other end shows us a property in escrow listed for just $785,000 giving us a median list price for homes in escrow of about $2.5 million.
Through July 16 there have been 67 sales with an average sales price of about $4 million. The highest priced sale through that time sold for $15.5 million while the least expensive home sold for just $685,000 giving us a median sales price for the area of about $2.5 million.
For the Condo market in Montecito Real Estate there are currently 23 available with an average list price of about $1.46 million. The most expensive condo in Montecito right now can be had for just under $3 million while the least expensive condo is listed for $699,000 giving us a median list price of about $1.47 million.
Right now there are 2 condos in escrow with an average list price of $1.324 million. The most expensive condo in escrow is listed for $1.599 million while the other property is on the market for $1,050,000.
There have been 10 condo sales this year with an average sales price of about $1.2 million. The most expensive condo sold for $3 million while the least expensive property went out at $540,000 giving us a median sales price thus far in ’10 of $1,050,000.
Posted by gandlwoods at July 19, 2010 07:54 AM