February 18, 2013

Santa Barbara Real Estate for Carpinteria/Summerland and the Gap between Median Sales and Median List Prices for 1/1/2013 to 2/11/2013

For Santa Barbara Real Carpinteria Real Estate/Summerland Real Estate area for the Home Estate/PUD through February 11 there have been 6 sales compared to 8 last year for a 25.0% decline but the median sales price has gone up from $550,000 to $824,000 for a 49.8% rise.

The gap between the median list price of about $1,499,000 and the median sales price of $824,000 is -45.0% whereas last year the median list price of $1,750,000 and the median sales price of $550,000 gave us a -68.6% gap.

For the condo market in Carpinteria Real Estate/Summerland Real Estate through February 11 there have been 6 sales compared to 3 last year for a 100.0% rise while the median sales price went up from $297,500 last year to $432,191 this year for a +45.3% rise.

The gap between the median list price this year of $524,500 and the median sales price of $432,191 gives us a -17.6% difference where as last year the median list price was $399,000 and the median sales price was $297,500 for a -25.4% gap.

Posted by gandlwoods at February 18, 2013 07:19 AM