For the Santa Barbara Real Estate area of East of State St for the first month of ’13 in the Single Family Home market 12 homes closed escrow compared to 24 in ’12. The median sales price went up however from $891,250 in ’12 to $911,000 in ’13. The average sales price also went down from $969,227 last year to $914,166 this year. There were 19 escrows opened this year with a median list price of $995,000 and last year there were 25 escrows opened with a median list price of $849,000. Right now there are 58 homes available for purchase on the East Side of Santa Barbara with a median list price of $1.524 million and an average list price of $2,079,342.
For the Santa Barbara Real Estate area of East of State St for the first month of ’13 in the Condo market 6 sales have occurred with a median sold price of $575,259 and an average sales price of $579,086. Last year there was 1 sale with a median sold price of $630,000 and an average sold price of $630,000. In ’12 there were 6 escrows opened with a median list price of $484,990 in ’13 there have been 6 escrows opened with a median list price of $656,750. Right now there are 7 condos available for purchase on the East Side of Santa Barbara with a median list price of $720,000 and an average list price of $688,271.