For Santa Barbara Real Estate in the Montecito Real Estate area through August 20there are currently 154 Home Estate/PUDs for sale with an average sales price of about $5.2 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 $780,000 giving us a median list price for the area of about $3.3 million.
With all those listings we have 22 homes in escrow right now with an average list price of $3.93 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 $800,000 giving us a median list price for homes in escrow of about $2.3 million.
Through August 20 there have been 78 sales with an average sales price of about $3.8 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 24 available with an average list price of about $1.43 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 $595,000 giving us a median list price of about $1.395 million.
Right now there is 1 condo in escrow with a list price of $929,900
There have been 13 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 August 24, 2010 08:31 AM