August 16, 2010

Santa Barbara Real Estate for Carpinteria/Summerland and the Gap between Median Sales and Median List Prices for 1/1/2010 to 8/13/2010

For Santa Barbara Real Carpinteria Real Estate/Summerland Real Estate area for the Home Estate/PUD through August 13 there have been 42 sales compared to 36 last year for a 27% rise but the median sales price has declined from $712,500 to $675,000 last for a 5.3% decline

The gap between the median list price of $1.2 million and the $675,000 median sales price is 44% compared to last year when the median list price was also $1.2 million but the median sales price was $712,500 for a 40% gap.

For the condo market in Carpinteria Real Estate/Summerland Real Estate through August 13 there have been 40 sales this year compared to 28 last year for 43% rise while the median sales price dropped from about $400,000 to $385,000 this year for a 3.7%.

The gap between the median list price of $450,000 and the median sales price of $385,000 is 14% while last year the median list price was about $500,000 and when compared to the median sales price of $400,000 the gape was 20%.

Posted by gandlwoods at August 16, 2010 08:34 AM