August 19, 2010

West of State St Gap between Median Sales and Median List Prices for 1/1/2010 to 8/13/2010 for Santa Barbara Real Estate

For Santa Barbara Real Estate area of West of State St area for the Home Estate/PUD market through August 13 there have been 112 sales compared to 94 last year for a 20% rise while the median sales price went up from $735,000 last year to $800,000 this year for a 9% rise.

The gap between the median list price of $970,000 and the median sold price of $800,000 gives us a 18% gape while last year the median list price was $1.14 million and when combined with the median sold price of $735,000 it gives us a 35% gape.

For the Santa Barbara Real Estate West Side condo market there have been 47 in ’10 compared to 38 last year for a 24% rise. But the median sales price went down from $501,500 last year to $497,000 this year for a 0.9% decline.

The gap of the median list price of $539,000 and the median sold price of $497,000 gives us a 8% gape while last year the median list price was $588,000 and the median sold price of $501,500 gape us a 15% gap.

Posted by gandlwoods at August 19, 2010 08:46 AM