For the Santa Barbara Real Estate area of West of State St for the Home Estate/PUD market for the first 2 months of ’13 there have been 28 sales compared to 18 last year. The median sales price has risen from $689,625 last year to $723,894 this year and the average sales price has gone up from about $731,986 to $860,928. The numbers of new listings is up from 54 to 64 with the median list price on those listings rising from $699,900 to $839,000. The numbers of escrows is also down for the area going from 33 to 47 while the median list price on those escrows going from $699,900 to $839,000. Right now there are 39 Home Estate/PUDs available for purchase on the West Side of Santa Barbara with a median list price of $1,249,250 and an average list price of $1,435,507.
For the Santa Barbara Real Estate of West of State St for the first two months of ’13 in the condo market sales are down from 12 to 15. The median sales price is down from $457,500 to $415,000 with the average sales price going up from $451,250 to $496,653. The numbers of new listings is down from 20 to 16 with the median list price on those listings going from $388,650 to $539,000. The numbers of escrows is also up from 16 to 18 with the median list price on those escrows dipping from $381,850 to $512,000. Right now there are 19 condos available for purchase on the West Side of Santa Barbara with a median list price of $875,000 and an average list price of $1,168,484.