For West of State St in Santa Barbara Real Estate for Home Estate/PUDs for the period of 12/6/12 to 1/6/13 there have been 30 sales compared to 19 last year. The median sales price has gone up from $630,000 last year to $762,000 this year and the average sales price has gone up from $768,794 last year to $847,182 this year. Those 30 sales took on average 34 days to get an accepted offer and when you add in another 45 days of escrow time you get an average total marketing time of 79 days.
For Condominiums on the West Side of Santa Barbara Real Estate for the same time period there have been 12 sales compared to 6 last year but the median sales price has risen from $332,500 to $435,000. The average sales price has also gone down from $514,833 to $483,270, Those 12 sales took 11 days on average to get an accepted offer and when you add in another 106 days of escrow time you get a total marketing time of 117 days.
Posted by gandlwoods at January 14, 2013 06:54 AM