November 30, 2006

Santa Barbara Real Estate Last Thirty Days for Montecito Real Estate from October 23 to November 23 ’06

For the Santa Barbara Real Estate areas of Montecito Real Estate for Single Family Homes there were 9 that closed escrow in the last 30 days with a Median Sales Price of $2,700,000 and an Average Sales Price of $3,340,000. The average Days on the Market for those properties was 208. 25 properties came on the market with a Median Asking Price of $2,999,000 and an Average Asking Price of $5,725,720. 16 properties went into escrow with a Median Asking Price of $2,925,000 and an Average Asking Price of $3,478,031. The average Days on the Market for those properties is 98. Currently there are 135 Single Family Residents for sale in the area with a median asking price of $3,695,000 and an average asking price of $5,812,444. The average Days on the Market for those properties is 147.

For the Santa Barbara Real Estate areas of Montecito Real Estate for Condominiums there were 4 that closed escrow in the last 30 days with a Median Sales Price of $1,755,000 and an Average Sales Price of $1,591,250. The average Days on the Market for those properties was 109. 3 properties came on the market with a Median Asking Price of $1,575,000 and an Average Asking Price of $1,333,000. 4 went into escrow with a Median Asking Price of $895,000 and an Average Asking Price of $1,297,250. The average Days on the Market for those properties is 118. Currently there are 17 Condominiums for sale in the area with a median asking price of $1,395,000 and an average asking price of $1,609,352. The average Days on the Market for those properties is 153.


Posted by gandlwoods at 08:06 AM

November 29, 2006

Santa Barbara Real Estate Last Thirty Days for Carpinteria/Summerland from October 23 to November 23 ’06

For the Santa Barbara Real Estate areas of Carpinteria Real Estate/Summerland Real Estate for Single Family Homes there were 8 that closed escrow in the last 30 days with a Median Sales Price of $972,000 and an Average Sales Price of $3,028,104. The average Days on the Market for those properties was 158. 5 properties came on the market with a Median Asking Price of $899,000 and an Average Asking Price of $2,297,400. 13 properties went into escrow with a Median Asking Price of $1,049,000 and an Average Asking Price of $1,897,076. The average Days on the Market for those properties is 95. Currently there are 49 Single Family Residents for sale in the area with a median asking price of $1,489,000 and an average asking price of $3,460,612. The average Days on the Market for those properties is 133.

For the Santa Barbara Real Estate areas of Carpinteria Real Estate/Summerland Real Estate for Condominiums there were 8 that closed escrow in the last 30 days with a Median Sales Price of $647,500 and an Average Sales Price of $643,750. The average Days on the Market for those properties was 111. 12 properties came on the market with a Median Asking Price of $669,000 and an Average Asking Price of $774,416. 3 went into escrow with a Median Asking Price of $625,000 and an Average Asking Price of $669,666. The average Days on the Market for those properties is 168. Currently there are 44 Condominiums for sale in the area with a median asking price of $570,000 and an average asking price of $596,420. The average Days on the Market for those properties is 112.


Posted by gandlwoods at 09:01 AM

November 28, 2006

Santa Barbara Real Estate Days on the Market for ’06 in Goleta North from 1/1/06 to 11/16/06

For Santa Barbara Real Estate for ’06 in Goleta Real Estate North there have been 240 Single Family Residents Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 58 days. The Average Days to Close which means the time the property was in Escrow was 36 days. This means that from start to finish was a total of 94 days. The Median Sold price for those properties was $932,500 and the Average Sold price was $1,044,241.

For Santa Barbara Real Estate for ’06 in Goleta Real Estate North there have been 41 Condos Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 74 days. The Average Days to Close which means the time the property was in Escrow was 36 days. This means that from start to finish was a total of 110 days. The Median Sold price for those properties was $600,000 and the Average Sold price was $606,763.

Posted by gandlwoods at 09:19 AM

November 27, 2006

Santa Barbara Real Estate Days on the Market for ’06 in Goleta South from 1/1/06 to 11/16/06

For Santa Barbara Real Estate for ’06 in Goleta Real Estate South there have been 78 Single Family Residents Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 52 days. The Average Days to Close which means the time the property was in Escrow was 35 days. This means that from start to finish was a total of 87 days. The Median Sold price for those properties was $914,500 and the Average Sold price was $1,011,430.

For Santa Barbara Real Estate for ’06 in Goleta Real Estate South there have been 55 Condos Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 65 days. The Average Days to Close which means the time the property was in Escrow was 33 days. This means that from start to finish was a total of 98 days. The Median Sold price for those properties was $579,500 and the Average Sold price was $577,954.

Posted by gandlwoods at 07:56 AM

November 26, 2006

Santa Barbara Real Estate Days on the Market for ’06 in Hope Ranch Real Estate from 1/1/06 to 11/16/06

For Santa Barbara Real Estate for ’06 in Hope Ranch Real Estate there have been 15 Single Family Residents Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 83 days. The Average Days to Close which means the time the property was in Escrow was 38 days. This means that from start to finish was a total of 101 days. The Median Sold price for those properties was $2,550,000 and the Average Sold price was $2,594,333.

For Santa Barbara Real Estate for ’06 in Hope Ranch Real Estate there has been a Condo Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 170 days. The Average Days to Close which means the time the property was in Escrow was 26 days. This means that from start to finish was a total of 196 days. The Median Sold price for those properties was $1,000,000 and the Average Sold price was $1,000,000.

Posted by gandlwoods at 06:40 AM

November 25, 2006

Santa Barbara Real Estate Days on the Market for ’06 in West of State St from 1/1/06 to 11/16/06

For Santa Barbara Real Estate for ’06 in West of State St there have been 161 Single Family Residents Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 67 days. The Average Days to Close which means the time the property was in Escrow was 36 days. This means that from start to finish was a total of 103 days. The Median Sold price for those properties was $1,035,000 and the Average Sold price was $1,165,533.

For Santa Barbara Real Estate for ’06 in West of State St there have been 62 Condos Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 72 days. The Average Days to Close which means the time the property was in Escrow was 35 days. This means that from start to finish was a total of 97 days. The Median Sold price for those properties was $672,000 and the Average Sold price was $707,283.

Posted by gandlwoods at 07:40 AM

November 24, 2006

Santa Barbara Real Estate Days on the Market for ’06 in East of State St from 1/1/06 to 11/16/06

For Santa Barbara Real Estate for ’06 in East of State St there have been 206 Single Family Residents Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 68 days. The Average Days to Close which means the time the property was in Escrow was 38 days. This means that from start to finish was a total of 106 days. The Median Sold price for those properties was $1,269,500 and the Average Sold price was $1,468,452.

For Santa Barbara Real Estate for ’06 in East of State St there have been 72 Condos Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 65 days. The Average Days to Close which means the time the property was in Escrow was 31 days. This means that from start to finish was a total of 96 days. The Median Sold price for those properties was $797,500 and the Average Sold price was $928,677.

Posted by gandlwoods at 07:56 AM

November 23, 2006

Santa Barbara Real Estate Days on the Market for ’06 in Montecito Real Estate from 1/1/06 to 11/16/06

For Santa Barbara Real Estate for ’06 in Montecito Real Estate there have been 147 Single Family Residents Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 95 days. The Average Days to Close which means the time the property was in Escrow was 40 days. This means that from start to finish was a total of 135 days. The Median Sold price for those properties was $2,675,000 and the Average Sold price was $3,801,803.

For Santa Barbara Real Estate for ’06 in Montecito Real Estate there have been 14 Condos Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 106 days. The Average Days to Close which means the time the property was in Escrow was 37 days. This means that from start to finish was a total of 143 days. The Median Sold price for those properties was $1,762,500 and the Average Sold price was $1,664,535.

Posted by gandlwoods at 11:41 AM

November 22, 2006

Santa Barbara Real Estate Days on the Market for ’06 in Carpinteria/Summerland from 1/1/06 to 11/16/06

For Santa Barbara Real Estate for ’06 in Carpinteria Real Estate/Summerland Real Estate there have been 49 Single Family Residents Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 99 days. The Average Days to Close which means the time the property was in Escrow was 43 days. This means that from start to finish was a total of 142 days. The Median Sold price for those properties was $1,240,000 and the Average Sold price was $3,050,966.

For Santa Barbara Real Estate for ’06 in Carpinteria Real Estate/Summerland Real Estate there have been 43 Condos Close escrow since the fist of the year. The Average Days on the Market which means from the time the property was listed until it went into escrow for those properties was 90 days. The Average Days to Close which means the time the property was in Escrow was 34 days. This means that from start to finish was a total of 124 days. The Median Sold price for those properties was $575,000 and the Average Sold price was $608,272.

Posted by gandlwoods at 08:45 AM

November 21, 2006

Santa Barbara Real Estate including Montecito Real Estate and Hope Ranch Real Estate through October 31

The information in this report is based entirely on data from the Santa Barbara Association of Realtors Multiple Listing Service and only reflects properties that have been listed with that Service.

Looking at the month of October from Capinteria to Goleta including Montecito Real Estate, Santa Barbara and Hope Ranch Real Estate there were 83 sales of Home and Estates/PUDs. Of those sales the Median Sold price was $1,115,000. The Median Sales Price is determined by ordering the Sales from the Lowest to Highest and going up to the one in the Middle of the List. Of those properties that sold the Median List Price was $1,195,000 which means the Sales Price to List Price ratio is 94.93%. This means that if a property was Listed for $1,000,000 it closed at $949,300.

The Median Sold Price contrasts significantly with the Median List Price, of the 563 properties still currently on the market. That Median List Price is $1,499,000 for a difference of about $300,000 between the Sold Price and List Price. This means that there is about a 20% gap between what Sellers are willing to sell for and what Buyers are willing to buy for.

One of the key numbers to look at is Days on the Market. This is the time from when a property was listed to the time it goes into escrow. Of the properties that sold the Days on the Market of DOM are 87. Of the properties that are currently listed the DOM is 107. This is another marker pointing to the fact that buyers and sellers are not currently finding a middle ground.

At the end of October ’05 there were 933 sales of Home and Estates/PUDs and for the same time period in ’06 there have been 766 for about a 20% decline. The Median Sales price from Jan. to Oct. ’05 was $1,250,000 and currently it is $1,192,500 for a decline of -4.6%. To give a little perspective to these numbers looking at the year 2000 the Median Sales Price was $580,250 which means in that time period the Median Sales Price has more than doubled.

Looking at the Condo side of the ledger we see that for October there were 28 properties that closed escrow. For those properties the Median Sold price was $612,000, and median List Price was $625,000 which means that the Sales Price to List Price ratio is 97.35. This means that if a property was listed for $1,000,000 it closed at $973,500.

Unlike Home and Estate/PUDs the Median Sold Price is not significantly different from the Median List Price. Of the 251 properties still currently on the market, the Median List Price is $659,000 for a difference of about $47,000. This means that there is about an 8% gap between what Sellers are willing to sell for and what Buyers are willing to buy for.

Looking at Days on the Market of the properties that sold, the Days on the Market or DOM was 90. Of the properties that are still currently listed the DOM is 99. That means there’s about a 10% gap between the properties currently listed and the ones that have closed escrow.

At the end of October ’05 there were 397 sales of Home Condos and for the same time period in ’06 there have been 271 for about a 32% decline. The Median Sales price from Jan. to Oct. ’05 was $675,000 and currently it is $664,947 for a decline of -1.5%. For perspective on these numbers, looking at the year 2000 the Median Sales Price was $295,000 which means in that time period the Median Sales Price just like with Home and Estates/PUDs has more than doubled.

For both Home and Estates and Condos the Inventory of properties is starting to decline from a high of about 600 in August to 560 now for Home and Estates/PUDs and for Condos a high of about 300 in July to about 250 now. While the Median List prices bounces around from Month to Month the trend right now is generally down for a drop of about .5% from ’05 to ’06 but Home and Estate/PUDs, and for Condos a decline of about 1.5% from ’05 to ’06.

Posted by gandlwoods at 08:48 AM

November 20, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for Goleta North through October 10, ‘06

In the Goleta Real Estate North area of Santa Barbara Real Estate for the Condo Market the number of total listings for ‘06 versus what was on the market last year at this time is up by 32 for a total of 112 properties that have been active this year and the New Listings that came on this year are up by 25 for a 35% increase. The number of sales is down by 19 for a -31% decrease, and the Average Sales Price is down. Last year at this time it was $655,638 and this year it’s at $607,678 for a decrease of -7%.

In the Single Family Home market for the Santa Barbara Real Estate area of Goleta Real Estate North there are 16 more properties that have been active this year as opposed to last year for a total of 296, and there are more new listings this year with 248 for last year vs. 257 for this year. The sales are down with 141 this year vs. 188 last year for an -25% decrease. And the Average Sales Price is down from $1,161,417 last year to $1,067,261 this year for an -8% decrease.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of Goleta Real Estate North there are exactly the same numbers of properties that have been active this year as opposed to last year for a total of 18 but there is 1 more new listing with 17 for last year vs. 18 for this year. The sales are lower with 8 this year vs. 17 last year for an -52 % decrease. But the Average Sales Price is up from $841,229 last year to $853,000 this year for a 1% increase.

Posted by gandlwoods at 08:01 AM

November 19, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for Goleta South through October 10, ‘06

In the Goleta Real Estate South area of Santa Barbara Real Estate for the Condo Market the number of total listings for ‘06 versus what was on the market last year at this time is up by 40 for a total of 170 properties that have been active this year and the New Listings that came on this year are up by 19 for a 15% increase. The number of sales is down by 24 for a -30% decrease, and the Average Sales Price is down slightly. Last year at this time it was $611,589 and this year it’s at $574,688 for a decrease of -6%.

In the Single Family Home market for the Santa Barbara Real Estate area of Goleta Real Estate South there are 48 more properties that have been active this year as opposed to last year for a total of 182, and there are more new listings this year with 126 for last year vs. 157 for this year. The sales are up with 80 this year vs. 70 last year for a 14% increase. But the Average Sales Price is down from $1,029,058 last year to $1,005,681 this year for an -2% decrease.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of Goleta Real Estate South there are 4 more properties that have been active this year as opposed to last year for a total of 12 and there are 5 more new listings with 7 for last year vs. 12 for this year. The sales are higher with 5 this year vs. 4 last year for a 25% increase. And the Average Sales Price is down from $1,179,500 last year to $1,069,000 this year for a -9% decrease.

Posted by gandlwoods at 06:37 AM

November 18, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for Hope Ranch Real Estate through October 10, ‘06

In the Hope Ranch Real Estateh area of Santa Barbara Real Estate for the Condo Market the number of total listings for ‘06 versus what was on the market last year at this time is exactly the same with a total of 1 property that has been active this year and the New Listings that came on this year are the same with 1 for a 0% increase. The number of sales is same for a 0% decrease, and the Average Sales Price is up slightly. Last year at this time it was $910,000 and this year it’s at $1,000,000 for an increase of 9%.

In the Single Family Home market for the Santa Barbara Real Estate area of Hope Ranch Real Estate there are 5 fewer properties that have been active this year as opposed to last year for a total of 57, and there are fewer new listings this year with 47 for last year vs. 43 for this year. The sales are down with 13 this year vs. 27 last year for a -51% decrease. And the Average Sales Price is down from $3,284,167 last year to $2,833,462 this year for an -13% decrease.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of Hope Ranch Real Estate there are 2 more properties that have been active this year as opposed to last year for a total of 2 and there are 2 more new listings with 0 for last year vs. 2 for this year. The sales are up with 2 this year vs. 0 last year for a 100% increase. And the Average Sales Price is up from $0 last year to $1,040,000 this year for a 100% increase.

Posted by gandlwoods at 07:16 AM

November 17, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for West of State St through October 10, ‘06

In the West of State St area of Santa Barbara Real Estate for the Condo Market the number of total listings for ‘06 versus what was on the market last year at this time is up by 24 for a total of 193 properties that have been active this year and the New Listings that came on this year are up by 18 for a 11% increase. The number of sales is down by 55 for a -47% decrease. The Average Sales Price is down slightly. Last year at this time it was $749,500 and this year it’s at $702,026 for a decrease of -6%.

In the Single Family Home market for the Santa Barbara Real Estate area of West of State St there are 20 more properties that have been active this year as opposed to last year for a total of 413, but there are fewer new listings this year with 358 for last year vs. 353 for this year. The sales are down with 172 this year vs. 220 last year for a -21% decrease. And the Average Sales Price is up from $1,183,771 last year to $1,315,744 this year for a 11% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of West of State St there are 6 more properties that have been active this year as opposed to last year for a total of 13 and there are 6 more new listings with 6 for last year vs. 12 for this year. The sales are lower with 2 this year vs. 3 last year for a -33% decrease. And the Average Sales Price is down from $1,198,333 last year to $927,500 this year for a -22% decrease.

Posted by gandlwoods at 08:50 AM

November 16, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for East of State St through October 10, ‘06

In the East of State St area of Santa Barbara Real Estate for the Condo Market the number of total listings for ‘06 versus what was on the market last year at this time is up by 51 for a total of 215 properties that have been active this year and the New Listings that came on this year are up by 35 for a 23% increase. The number of sales is down by 18 for a -18% decrease. The Average Sales Price is up slightly. Last year at this time it was $861,891 and this year it’s at $923,234 for an increase of 7%.

In the Single Family Home market for the Santa Barbara Real Estate area of East of State St there are 30 more properties that have been active this year as opposed to last year for a total of 554, and there are more new listings this year with 442 for last year vs. 455 for this year. The sales are down with 225 this year vs. 283 last year for a -20% decrease. And the Average Sales Price is up from $1,475,529 last year to $1,583,143 this year for a 7% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of East of State St there are 2 more properties that have been active this year as opposed to last year for a total of 7 and there are 2 more new listings with 4 for last year vs. 6 for this year. The sales are exactly the same with 2 this year vs. 2 last year for a 0% increase. But the Average Sales Price is down from $1,305,000 last year to $1,095,000 this year for a -16% decrease.

Posted by gandlwoods at 07:23 AM

November 15, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for Montecito Real Estate through October 10, ‘06

In the Montecito Real Estate area of Santa Barbara Real Estate for the Condo Market the number of total listings for ‘06 versus what was on the market last year at this time is up by 14 for a total of 66 properties that have been active this year and the New Listings that came on this year are up by 4 for a 8% increase. The number of sales is down by 12 for a -46% decrease. The Average Sales Price is up slightly. Last year at this time it was $1,541,385 and this year it’s at $1,664,536 for an increase of 7%.

In the Single Family Home market for the Santa Barbara Real Estate area of Montecito Real Estate there are 2 more properties that have been active this year as opposed to last year for a total of 425, and there are more new listings this year with 300 for last year vs. 326 for this year. The sales are down with 154 this year vs. 200 last year for a -23% decrease. And the Average Sales Price is up from $3,166,448 last year to $3,852,923 this year for a 21% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of Montecito Real Estate there are 5 more properties that have been active this year as opposed to last year for a total of 7 and there are 5 more new listings with 1 for last year vs. 6 for this year. The sales are exactly the same with 3 this year vs. 3 last year for a 0% increase. But the Average Sales Price is down from $2,333,333 last year to $1,850,000 this year for a -20% decrease.

Posted by gandlwoods at 08:53 AM

November 14, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for Carpinteria/Summerland through October 10, ‘06

In the Carpinteria Real Estate/Summerland Real Estate area of Santa Barbara Real Estate for the Condo Market the number of total listings for ‘06 versus what was on the market last year at this time is up by 31 for a total of 164 properties that have been active this year and the New Listings that came on this year are up by 5 for a 3% increase. The number of sales is down by 26 for a -37% decrease. The Average Sales Price is down slightly. Last year at this time it was $650,870 and this year it’s at $634,221 for a decrease of -2%.

In the Single Family Home market for the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate there are 16 more properties that have been active this year as opposed to last year for a total of 177, but there are fewer new listings this year with 140 for last year vs. 135 for this year. The sales are down with 55 this year vs. 65 last year for a -15% decrease. And the Average Sales Price is up from $2,383,622 last year to $3,033,973 this year for a 27% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate there is exactly the same numbers of properties that have been active this year as opposed to last year for a total of 6 but there are 2 fewer new listings with 6 for last year vs. 4 for this year. The sales are exactly the same with 3 this year vs. 3 last year for a 0% increase. And the Average Sales Price is up from $667,333 last year to $1,016,333 this year for a 52% increase.

Posted by gandlwoods at 08:01 AM

November 13, 2006

Santa Barbara Real Estate for the first 10 Months of ’06 for Goleta North

For the Santa Barbara Real Estate area of Goleta Real Estate North for the first 10 months of ’06 in the Single Family Home market 133 homes closed escrow with a median sold price of $930,000 and an average sold price of $1,045,389. 239 homes came on the market with a median asking price of $997,200 and an average asking price of $1,282,100. Also for that period 136 properties went into escrow, 25 were withdrawn from the market, 40 listings cancelled, 43 expired and 47 came back on the market. Currently there are 78 homes for sale in the area with a median list price of $1,295,000 and an average list price of $1,666,451.

For the Santa Barbara Real Estate area of Goleta Real Estate North for the first 10 months of ’06 in the Condo market 38 condos closed escrow with a median sold price of $606,500 and an average sold price of $614,139. 78 condos came on the market with a median asking price of $599,000 and an average asking price of $601,914. Also for that period 39 properties went into escrow, 8 were withdrawn from the market, 21 listings cancelled, 19 expired and 17 came back on the market. Currently there are 29 condos for sale in the area with a median list price of $569,000 and an average list price of $571,613w.

Posted by gandlwoods at 08:25 AM

November 12, 2006

Santa Barbara Real Estate for the first 10 Months of ’06 for Goleta South

For the Santa Barbara Real Estate area of Goleta Real Estate South for the first 10 months of ’06 in the Single Family Home market 75 homes closed escrow with a median sold price of $914,000 and an average sold price of $990,452. 140 homes came on the market with a median asking price of $929,000 and an average asking price of $1,108,052. Also for that period 78 properties went into escrow, 18 were withdrawn from the market, 25 listings cancelled, 30 expired and 24 came back on the market. Currently there are 41 homes for sale in the area with a median list price of $979,000 and an average list price of $1,131,089.

For the Santa Barbara Real Estate area of Goleta Real Estate South for the first 10 months of ’06 in the Condo market 54 condos closed escrow with a median sold price of $585,250 and an average sold price of $578,388. 119 condos came on the market with a median asking price of $599,000 and an average asking price of $599,570. Also for that period 54 properties went into escrow, 15 were withdrawn from the market, 28 listings cancelled, 38 expired and 15 came back on the market. Currently there are 45 condos for sale in the area with a median list price of $600,000 and an average list price of $596,631.

Posted by gandlwoods at 06:15 AM | Comments (1)

November 11, 2006

Santa Barbara Real Estate for the first 10 Months of ’06 for Hope Ranch

For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 10 months of ’06 in the Single Family Home market 15 homes closed escrow with a median sold price of $2,550,000 and an average sold price of $2,594,333. 37 homes came on the market with a median asking price of $2,795,000 and an average asking price of $3,791,783. Also for that period 19 properties went into escrow, 3 were withdrawn from the market, 4 listings cancelled, 13 expired and 9 came back on the market. Currently there are 20 homes for sale in the area with a median list price of $3,295,000 and an average list price of $5,845,450.

For the Santa Barbara Real Estate area of Hope Ranch Real Estatefor the first 10 months of ’06 in the Condo market 1 condo closed escrow with a median sold price of $1,000,000 and an average sold price of $1,000,000. 1 condo came on the market with a median asking price of $1,099,000 and an average asking price of $1,099,000. Also for that period 1 property went into escrow, 0 were withdrawn from the market, 0 listings cancelled, 0 expired and 0 came back on the market. Currently there are 0 condos for sale in the area with a median list price of $0 and an average list price of $0.

Posted by gandlwoods at 07:32 AM

November 10, 2006

Santa Barbara Real Estate for the first 10 Months of ’06 for West of State St

For the Santa Barbara Real Estate area of West of State St for the first 10 months of ’06 in the Single Family Home market 156 homes closed escrow with a median sold price of $1,045,000 and an average sold price of $1,172,111. 298 homes came on the market with a median asking price of $1,070,000 and an average asking price of $1,231,105. Also for that period 157 properties went into escrow, 32 were withdrawn from the market, 61 listings cancelled, 94 expired and 76 came back on the market. Currently there are 101 homes for sale in the area with a median list price of $1,094,000 and an average list price of $1,260,188.

For the Santa Barbara Real Estate area of West of State St for the first 10 months of ’06 in the Condo market 58 condos closed escrow with a median sold price of $672,000 and an average sold price of $695,148. 147 condos came on the market with a median asking price of $699,000 and an average asking price of $771,760. Also for that period 60 properties went into escrow, 26 were withdrawn from the market, 32 listings cancelled, 58 expired and 32 came back on the market. Currently there are 49 condos for sale in the area with a median list price of $710,000 and an average list price of $855,330.

Posted by gandlwoods at 08:19 AM

November 09, 2006

Santa Barbara Real Estate for the first 10 Months of ’06 for East of State St

For the Santa Barbara Real Estate area of East of State St for the first 10 months of ’06 in the Single Family Home market 200 homes closed escrow with a median sold price of $1,277,000 and an average sold price of $1,475,870. 371 homes came on the market with a median asking price of $1,299,000 and an average asking price of $1,555,711. Also for that period 203 properties went into escrow, 53 were withdrawn from the market, 74 listings cancelled, 110 expired and 90 came back on the market. Currently there are 130 homes for sale in the area with a median list price of $1,349,000 and an average list price of $1,604,393.

For the Santa Barbara Real Estate area of East of State St for the first 10 months of ’06 in the Condo market 72 condos closed escrow with a median sold price of $797,500 and an average sold price of $928,677. 160 condos came on the market with a median asking price of $795,000 and an average asking price of $941,130. Also for that period 70 properties went into escrow, 19 were withdrawn from the market, 37 listings cancelled, 35 expired and 24 came back on the market. Currently there are 62 condos for sale in the area with a median list price of $715,000 and an average list price of $862,245.

Posted by gandlwoods at 07:35 AM

November 08, 2006

Santa Barbara Real Estate for the first 10 Months of ’06 for Montecito

For the Santa Barbara Real Estate area of Montecito Real Estate for the first 10 months of ’06 in the Single Family Home market 143 homes closed escrow with a median sold price of $2,650,000 and an average sold price of $3,769,966. 275 homes came on the market with a median asking price of $2,995,000 and an average asking price of $4,392,376. Also for that period 143 properties went into escrow, 36 were withdrawn from the market, 50 listings cancelled, 88 expired and 77 came back on the market. Currently there are 133 homes for sale in the area with a median list price of $3,500,000 and an average list price of $5,165,052.

For the Santa Barbara Real Estate area of Montecito Real Estate for the first 10 months of ’06 in the Condo market 12 condos closed escrow with a median sold price of $1,692,500 and an average sold price of $1,595,291. 41 condos came on the market with a median asking price of $1,575,000 and an average asking price of $1,579,939. Also for that period 17 properties went into escrow, 12 were withdrawn from the market, 12 listings cancelled, 12 expired and 11 came back on the market. Currently there are 16 condos for sale in the area with a median list price of $1,155,000 and an average list price of $1,427,937.

Posted by gandlwoods at 08:07 AM

November 07, 2006

Santa Barbara Real Estate for the first 10 Months of ’06 for Carpinteria/Summerland

For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first 10 months of ’06 in the Single Family Home market 48 homes closed escrow with a median sold price of $1,270,000 and an average sold price of $3,098,822. 115 homes came on the market with a median asking price of $1,100,000 and an average asking price of $2,756,690. Also for that period 51 properties went into escrow, 15 were withdrawn from the market, 31 listings cancelled, 36 expired and 34 came back on the market. Currently there are 50 homes for sale in the area with a median list price of $1,450,000 and an average list price of $3,420,620.

For the Santa Barbara Real Estate area of Carpinteria Real Estate/ Summerland Real Estate for the first 10 months of ’06 in the Condo market 36 condos closed escrow with a median sold price of $562,500 and an average sold price of $599,742. 111 condos came on the market with a median asking price of $599,000 and an average asking price of $641,944. Also for that period 42 properties went into escrow, 20 were withdrawn from the market, 29 listings cancelled, 53 expired and 21 came back on the market. Currently there are 43 condos for sale in the area with a median list price of $549,000 and an average list price of $600,360.

Posted by gandlwoods at 08:50 AM

November 06, 2006

Santa Barbara Real Estate Last Thirty Days for Goleta North from September 27 to October 27 ’06

For the Santa Barbara Real Estate areas of Goleta Real Estate North for Single Family Homes there were 14 that closed escrow in the last 30 days with a Median Sales Price of $893,000 and an Average Sales Price of $935,271. The average Days on the Market for those properties was 58. 15 properties came on the market with a Median Asking Price of $1,125,000 and an Average Asking Price of $1,564,526. 12 properties went into escrow with a Median Asking Price of $809,000 and an Average Asking Price of $1,036,499. The average Days on the Market for those properties is 75. Currently there are 76 Single Family Residents for sale in the area with a median asking price of $1,175,000 and an average asking price of $1,659,635. The average Days on the Market for those properties is 102.

For the Santa Barbara Real Estate areas of Goleta Real Estate North for Condominiums there were 5 that closed escrow in the last 30 days with a Median Sales Price of $580,000 and an Average Sales Price of $585,100. The average Days on the Market for those properties was 38. 5 properties came on the market with a Median Asking Price of $625,000 and an Average Asking Price of $672,400. 4 went into escrow with a Median Asking Price of $510,000 and an Average Asking Price of $543,375. The average Days on the Market for those properties is 36. Currently there are 26 Condominiums for sale in the area with a median asking price of $569,000 and an average asking price of $575,684. The average Days on the Market for those properties is 111.


Posted by gandlwoods at 08:42 AM

November 05, 2006

Santa Barbara Real Estate Last Thirty Days for Goleta South from September 27 to October 27 ’06

For the Santa Barbara Real Estate areas of Goleta Real Estate South for Single Family Homes there were 13 that closed escrow in the last 30 days with a Median Sales Price of $868,000 and an Average Sales Price of $1,021,327. The average Days on the Market for those properties was 36. 13 properties came on the market with a Median Asking Price of $905,000 and an Average Asking Price of $1,317,050. 6 properties went into escrow with a Median Asking Price of $859,000 and an Average Asking Price of $1,157,666. The average Days on the Market for those properties is 29. Currently there are 43 Single Family Residents for sale in the area with a median asking price of $995,000 and an average asking price of $1,142,364. The average Days on the Market for those properties is 75.

For the Santa Barbara Real Estate areas of Goleta Real Estate South for Condominiums there were 5 that closed escrow in the last 30 days with a Median Sales Price of $499,000 and an Average Sales Price of $491,800. The average Days on the Market for those properties was 121. 15 properties came on the market with a Median Asking Price of $669,000 and an Average Asking Price of $622,166. 4 went into escrow with a Median Asking Price of $519,000 and an Average Asking Price of $557,000. The average Days on the Market for those properties is 55. Currently there are 48 Condominiums for sale in the area with a median asking price of $600,000 and an average asking price of $600,404. The average Days on the Market for those properties is 93.


Posted by gandlwoods at 06:54 AM

November 04, 2006

Santa Barbara Real Estate Last Thirty Days for Hope Ranch from September 27 to October 27 ’06

For the Santa Barbara Real Estate areas of Hope Ranch Real Estate for Single Family Homes there were 2 that closed escrow in the last 30 days with a Median Sales Price of $1,790,000 and an Average Sales Price of $1,790,000. The average Days on the Market for those properties was 67. 1 property came on the market with a Median Asking Price of $3,498,700 and an Average Asking Price of $3,498,700. 3 properties went into escrow with a Median Asking Price of $2,995,000 and an Average Asking Price of $2,828,333. The average Days on the Market for those properties is 122. Currently there are 22 Single Family Residents for sale in the area with a median asking price of $3,498,700 and an average asking price of $5,698,077. The average Days on the Market for those properties is 180.

For the Santa Barbara Real Estate areas of Hope Ranch Real Estate for Condominiums there was no activity


Posted by gandlwoods at 07:25 AM | Comments (1)

November 03, 2006

Santa Barbara Real Estate Last Thirty Days for West of State St from September 27 to October 27

For the Santa Barbara Real Estate areas of West of State St for Single Family Homes there were 13 that closed escrow in the last 30 days with a Median Sales Price of $999,999 and an Average Sales Price of $1,068,023. The average Days on the Market for those properties was 74. 25 properties came on the market with a Median Asking Price of $1,097,000 and an Average Asking Price of $1,286,195. 16 properties went into escrow with a Median Asking Price of $909,000 and an Average Asking Price of $1,112,593. The average Days on the Market for those properties is 76. Currently there are 100 Single Family Residents for sale in the area with a median asking price of $1,097,000 and an average asking price of $1,240,785. The average Days on the Market for those properties is 85.

For the Santa Barbara Real Estate areas of West of State St for Condominiums there were 5 that closed escrow in the last 30 days with a Median Sales Price of $640,000 and an Average Sales Price of $710,000. The average Days on the Market for those properties was 100. 15 properties came on the market with a Median Asking Price of $899,900 and an Average Asking Price of $988,086. 6 went into escrow with a Median Asking Price of $615,000 and an Average Asking Price of $629,400. The average Days on the Market for those properties is 64. Currently there are 51 Condominiums for sale in the area with a median asking price of $699,000 and an average asking price of $846,905. The average Days on the Market for those properties is 76.


Posted by gandlwoods at 08:44 AM

November 02, 2006

Santa Barbara Real Estate Last Thirty Days for East of State St from September 27 to October 27 ’06

For the Santa Barbara Real Estate areas of East of State St for Single Family Homes there were 19 that closed escrow in the last 30 days with a Median Sales Price of $1,200,000 and an Average Sales Price of $1,435,310. The average Days on the Market for those properties was 70. 35 properties came on the market with a Median Asking Price of $1,089,000 and an Average Asking Price of $1,307,965. 20 properties went into escrow with a Median Asking Price of $1,295,000 and an Average Asking Price of $1,494,275. The average Days on the Market for those properties is 66. Currently there are 131 Single Family Residents for sale in the area with a median asking price of $1,375,000 and an average asking price of $1,644,020. The average Days on the Market for those properties is 97.

For the Santa Barbara Real Estate areas of East of State St for Condominiums there were 7 that closed escrow in the last 30 days with a Median Sales Price of $640,000 and an Average Sales Price of $733,928. The average Days on the Market for those properties was 85. 16 properties came on the market with a Median Asking Price of $579,000 and an Average Asking Price of $614,500. 3 went into escrow with a Median Asking Price of $750,000 and an Average Asking Price of $879,166. The average Days on the Market for those properties is 59. Currently there are 63 Condominiums for sale in the area with a median asking price of $715,000 and an average asking price of $846,606. The average Days on the Market for those properties is 92.


Posted by gandlwoods at 07:30 AM

November 01, 2006

Santa Barbara Real Estate Last Thirty Days for Montecito from September 27 to October 27 ’06

For the Santa Barbara Real Estate areas of Montecito Real Estate for Single Family Homes there were 12 that closed escrow in the last 30 days with a Median Sales Price of $2,920,000 and an Average Sales Price of $5,577,500. The average Days on the Market for those properties was 168. 26 properties came on the market with a Median Asking Price of $2,700,000 and an Average Asking Price of $4,893,846. 15 properties went into escrow with a Median Asking Price of $2,995,000 and an Average Asking Price of $4,580,556. The average Days on the Market for those properties is 128. Currently there are 132 Single Family Residents for sale in the area with a median asking price of $3,590,000 and an average asking price of $5,359,765. The average Days on the Market for those properties is 123.

For the Santa Barbara Real Estate areas of Montecito Real Estate for Condominiums there were 3 that closed escrow in the last 30 days with a Median Sales Price of $1,655,000 and an Average Sales Price of $1,501,666. The average Days on the Market for those properties was 87. 2 properties came on the market with a Median Asking Price of $849,000 and an Average Asking Price of $999,500. 4 went into escrow with a Median Asking Price of $2,180,000 and an Average Asking Price of $2,293,750. The average Days on the Market for those properties is 137. Currently there are 18 Condominiums for sale in the area with a median asking price of $1,295,000 and an average asking price of $1,445,388. The average Days on the Market for those properties is 131.


Posted by gandlwoods at 08:40 AM