For Santa Barbara Real Estate East of State St for Home Estate/PUDs there were 19 sales from July 27 to August 27 with a median sales price of $777,000 compared to last year when there were 24 sales with a median sales price of $845,000. The average sales price also declined from $920,000 last year to about $800,000 this year. There were 24 escrows opened this year with a median list price of $769,000 compared to last year when there were 23 escrows opened with a median list price of $1.1 million. Right now there are 160 Home Estate/PUDs available for purchase with a median list price of $1.35 million and an average list price of $1.66 million.
For the Condo Market on the East of State side of town for Santa Barbara Real Estate this year there have been 5 sales this year compared to 4 last year but the median sales price declined from $535,000 last year to $475,000 this year. The average sales price also went down from $680,000 last year to $620,000 this year. For the time period there were 10 opened escrows with a median list price of about $700,000 compared to last year when there were 5 opened escrows with a median list price of $650,000. Right now there are 34 Home Estate/PUDs available for purchase on the East Side of Santa Barbara with a median list price of $670,000 and an average list price of $780,000.