For the Santa Barbara Real Estate area of East of State St for the first 2 months of ’13 there have been 28 sales compared to 41 last year. But the median sales price has gone down from $805,000 to $892,500 with the average rising from $856,395 to $958,941. The numbers of new listings is about the same however going from 75 last year to 80 this year with the median list price on those new listings going from $995,999 to $1,097,000. The escrows are down in ’13 from 51 to 48 with the median list price on those escrows rising from about $875,000 to $942,000. Right now there are 60 Home Estate/PUDs available for purchase on the East Side of Santa Barbara with a median list price of $1.407 million and an average list price of $1.932 million.
For Santa Barbara Real Estate area of East of State St for the first two months of ’13 in the condo market there have been 9 sales compared to 5 in ’12. The median sales price has fallen from $415,000 to $485,000 with the average sales price going down even further from $477,200 to $542,557. The numbers of new listings is down from last year from 38 to 14 while the median list price on those listings went from $612,500 to $504,000. The numbers of escrows are down from 27 to 12 with the median list price on those escrows falling from $599,500 to $493,750. Right now there are 11 active condo listings on the East Side of Santa Barbara with a median list price of $720,000 and an average list price of $734,345.