From January 1 ’12 to February 7 ’12 for Home Estate/PUD in Carpinteria Real Estate/Summerland Real Estate there were 7 sales compared to 1 in ’11 and the median sales price has gone down from $591,000 last year to $585,000 this year. The average has gone up however, falling from $591,000 last year to $750,857 this year. Those 7 sales took on average 57 days to get an accepted offer and when you add in another 67 days of escrow time you get a total of 124 days of total marketing time.
For Condominiums in Carpinteria Real Estate/Summerland Real Estate for the same time period there were 3 sales this year compared to 6 last year. The median sales price has dipped from $335,000 to $297,500 and the average sales price has gone down from $318,316 to $286,833. Those 3 sales took on average 17 days to get an accepted offer and when you add in another 61 days of average escrow time you get a total marketing time of 78 days.