From 1/1/13to 8/16/13for Carpinteria Real Estate and Summerland Real Estate for the Home Estate/PUD market there have been 59 sales compared to 52 last year. The median sales price has come up from $735,000 last year to $825,000 this year while the average sales price went down from $1,337,550 last year to $1.308 million. Those 59 sales took on average 67 days to get an accepted offer and when you add in another 41 days of average escrow time you get a total marketing time of 108 days.
For Condominiums for the same time period in Carpinteria Real Estate and Summerland Real Estate this year there have been 61 sales this year compared to 30 last year. The median sales price has gone up from $341,500 last year to $445,000 this year and the average sales price has gone up from $366,376 to $479,487. Those 61 sales took on average 36 days to get an accepted and when you add in another 45 days of average escrow time you get an average of 81 days of total marketing time.