For the Santa Barbara Real Estate area of West of State St for the first month of ’13 in the Single Family Home market 16 properties closed escrow up from 7 in ’12. The median sales price also went up from $508,000 in ’12 to $682,450 in ’13. The average sales price went up as well from $656,371 to $844,781. There were 15 escrows opened in ’12 with a median list price of $750,000 and in ’13 there have been 18 escrows with a $769,450 median list price. Right now there are 35 Home Estate/PUDs available for purchase on the West Side of Santa Barbara with a median list price of $1,249,000 and an average list price of about $1.341 million.
For the Santa Barbara Real Estate area of West of State St for the first month of ’13 in the Condo market 4 closed escrow with a median sales price of $410,750 and an average sales price of $374,425. Last year there were 4 closed escrows with a $445,000 median sold price & a $455,000 average sales price. This year there are 10 escrows opened with a median list price of about $409,500 compared to last year when there were 8 open escrows with a median list price just under $447,000. Right now there are just 20 Condos available for purchase on the West Side of Santa Barbara with a median list price of $914,950 and a median list price of $1,138,780.
Posted by gandlwoods at February 14, 2013 05:46 AM