July 25, 2010

June 22 to July 22 ‘10 for Carpinteria/Summerland Real Estate for Santa Barbara Real Estate

For the Santa Barbara Real Estate an area of Carpinteria Real Estate/Summerland Real Estate for Home Estates and PUDs for the 30 day period from June 22 to July 22 there were 3 sales this year and 7 last year. For the 3 this year the median sales price was $560,000 while last year it was $700,000. The average sales price took a big tumble falling from $1.15 million last year to $590,000 this year. The escrows were up this year however with 9 in ’10 compared to 7 in ’09 and the median list price of those escrows rose from $510,000 last year to $625,000 this year. Right now there are 77 Home Estate/PUDs available for purchase in Carpinteria/Summerland with a median list price of $1.2 million and an average list price of $3.4 million.

For Carpinteria Real Estate/Summerland Real Estate area for the condo market for the same period there were 4 sales this year compared to 7 last year and the median sales price fell from just under $400,000 last year to $355,000 this year. The average sales price always went down from about $365,000 last year to about $335,000 this year. The numbers of escrows went up however from 6 in ’09 with a median list price of $460,000 to 9 in ’10 with a declining median list price of $320,000. Right now there are 30 condos available for purchase in Carpinteria/Summerland with a median list price of $525,000 and an average list price of $862,690.

Posted by gandlwoods at July 25, 2010 07:33 AM