For Santa Barbara Real Estate area East of State St area for the Home Estate/PUD market through August 13 there have been 138 sales this year compared to 108 last year for a 28% rise while the median sales price has gone up from $930,000 last year to $960,000 this year for a 28% rise.
The gap between the median list price of $1.3 million median list price and the $960,000 for a 26% gap while last year the median list price was $1.255 combined with the median sales price of $930,000 gave us a 26% gap.
On the condo side of the ledger for the East Side of Santa Barbara Real Estate through August 13 there have been 45 sales compared to last year when there were 34 for a 32% rise but the median sales price has slipped from $513,500 last year to $467,000 this year for a 9% drop.
The gap for ’10 with a median list price of $675,000 and a median sales price of $467,000 gives us a 31% gap while last year the median list price of $685,000 combined with a median sold price of $513,500 for a 25% gap.