From 1/1/13to 2/18/13for Carpinteria Real Estate and Summerland Real Estate for the Home Estate/PUD market there have been 7 sales compared to 9 last year. The median sales price has come up from $585,000 last year to $799,000 this year while the average sales price went up from $707,333 last year to $1.214 million. Those 7 sales took on average 31 days to get an accepted offer and when you add in another 39 days of average escrow time you get a total marketing time of 70 days.
For Condominiums for the same time period in Carpinteria Real Estate and Summerland Real Estate this year there have been6 sales this year compared to 3 last year. The median sales price has gone up from $297,500 last year to $432,191 this year and the average sales price has gone up from $286,833 to $448,319. Those 6 sales took on average 49 days to get an accepted and when you add in another 93 days of average escrow time you get an average of 142 days of total marketing time.