In the Goleta Real Estate South area through June 17 there are just 36 Home Estate/PUDs available in the area with an average list price of about $1,075,000. The highest priced listing is on the market for $2.2 million while the least expensive home can be had for $635,000 giving us a median list price of $890,000.
There are 17 homes in escrow with an average list price of about $720,000. The highest priced property currently in escrow is listed just below $2 million while the least expensive home in escrow is on the market for right about $260,000 giving us a median list price of $697,000.
Through June 17 there have been 44 sales with an average sales price of about $720,000. The highest priced sale went out for $2.25 million while the least expensive sale sold for about $375,000 giving us a median sales price of $640,000.
For condos on the South Side of Goleta Real Estate through June 17 there are 3 listings with an average list price of about $560,000. The highest priced listing is on the market for $695,000 while the least expensive condo can be had for $429,000 with a median list price of $555,000.
There are 8 condos in escrow with an average list price of about $350,000. The most expensive condo currently in escrow is listed for $499,000 while the least expensive condo is listed for $239,500 giving us a median list price for condos in escrow of $345,000.
There have been 22 condo sales in Goleta South through June 17 there have been 22 sales with an average sales price of about $375,000. The most expensive condo purchased in the area went out at about $595,000 while the least expensive condo sold for $215,000 giving us a median sales price of $355,000.
For Hope Ranch Real Estate for Home Estate/PUDs through June 17 there are 24 properties for sale with an average list price of just under $6 million. The most expensive property is available for $29 million while the least expensive listing of $719,000 is not actually in Hope Ranch but in Carriage Hills.
Right now there are 2 properties in escrow with an average list price of about $1.8 million. The most expensive home in escrow is listed for $2.25 million while the least expensive home in escrow is listed for $1.395 million giving us a median list price for homes in escrow of $1.395 million.
Through June 17 there have been 10 sales with an averages sales price of about $3.83 million. The most expensive sale was for $7.35 million while the least expensive sale was for $1.6 million giving us a median sales price for the area of just under $3 million.
For Santa Barbara Real Estate for Hope Ranch Real Estate the Price Range Statistics for Condominiums was no activity.
In the West of State St area of Santa Barbara Real Estate through June 17 there are 92 Home Estate/PUDs available for purchase with an average list price of about $1.4 million. The most expensive listing in the area was $7.295 million while the least expensive property can be had for about $380,000 giving us a median list price of about $1.1 million.
There are 35 properties currently in escrow with an average list price of about $980,000. The most expensive home in escrow is listed at $3.175 million while the least expensive home in escrow is listed at $395,000 giving us a median list price of about $760,000.
Through June 17 there have been 77 homes sold on the West Side of Santa Barbara with an average sales price of about $940,000. The most expensive sale was for about $2.9 million while the least expensive sale was for $405,000 giving us a median sales price of $810,000.
For the Condo market on the West Side of Santa Barbara Real Estate through June 17 there are about 50 properties on the market with an average list price of about $780,000. The most expensive condo can be had for $2.75 million while the least expensive property is listed at $365,000 giving us a median list price of about $529,000.
There are 10 condos in escrow on June 17 with an average list price of about $550,000. The most expensive condo in escrow is listed at $839,000 while the least expensive condo is listed at just under $400,000 giving us a median list price on condos in escrow of $525,000.
Through June 17 there have been 36 sales with an average sales price of just over $500,000. The most expensive condo sold for $985,000 while the least expensive condo sold for $342,000 giving us a median sales price of $475,000.
For the East of State St area of Santa Barbara Real Estate through June 17 there are 141 Home Estate/PUDs available for purchase with an average list price of $1.6 million. The most expensive listing is on the market for about $9 million while the least expensive home can be had for just $329,100 giving us a median list price of about $1.35 million.
There are currently 29 homes in escrow with an average list price of about $1 million. The most expensive home in escrow is listed for $3 million with the least expensive home in escrow listed at $325,000 giving us a median list price of those homes in escrow of $825,000.
Through March 12 there have been just over 100 sales with an average sales price of about $1.25 million. The highest priced sale was for $7.6 million while the least expensive sales went out at $275,000 giving us a median sales price for the area of $970,000.
The condo market for the East Side of Santa Barbara Real Estate through June 17 there were 36 properties available at an average list price of just over $800,000. The highest priced listing is on the market for just under $1.7 million while the least expensive listing is on the market for just under $200,000 giving us a median list price for the area of $670,000.
There are 13 condos in escrow right now with an average list price of $554,838. The highest priced listing in escrow is on the market for $1.15 million while the least expensive property in escrow is listed at $403,000 giving us a median list price of properties in escrow is $450,000.
This year through June17 there have been 33 sales with an average sales price of about $570,000. The most expensive sale was for $2.175 million while the least expensive sale was for $290,000 giving us a median sales price for condos on the East Side of Santa Barbara of $467,000.
For Santa Barbara Real Estate in the Santa Barbara Real Estate
Montecito Real Estate area through June 17 there are over 200 Home Estate/PUDs for sale with an average list price of about $5.2 million. The highest priced listing in the area is on the market for $35 million while the least expensive home can be had for $819,000 giving us a median list price of about $3.6 million.
With all those listings we have 20 Homes in escrow in Montecito with an average list price of $3.9 million. The most expensive home in escrow is listed for $15.3 million while the least expensive home is on the market for $785,000 giving us a median list price of homes currently in escrow of about $2.5 million.
Through June 17 there have been 54 Home Estate/PUDs sold in Montecito this year with an average sales price of just under $4 million. The most expensive sale was for $15.5 million while the least expensive property sold for just $685,000 giving us a median sales price of just under $2.5 million this year.
For the Condo market in Santa Barbara Real Estate
Montecito Real Estate there are currently 18 properties for sale with an average list price of about $1.47 million. The highest priced listing is on the market for just under $3 million while the least expensive condo can be had for $749,000 giving us a median list price of $1.45 million.
Right now there are 5 condos in escrow in Montecito with an average list price of about $1 million. The most expensive condo on the market is listed at $1.6 million while the least expensive condo in escrow is listed at $699,000 giving us a median list price on condos in escrow of $975,000.
There have been 8 condo sales in Montecito this year with an average sales price of $1.3 million. The highest priced sale was for $3 million while the least expensive sale was for $540,000 giving us a median sales price of $1,075,000.
For Santa Barbara Real Estate in Carpinteria Real Estate/Summerland Real Estate for the Home Estate/PUD market through June 17 there were 74 properties available for purchase. The average list price on those homes is right about $3.4 million. The most expensive property is listed at $29 million while the least expensive home can be had for just under $300,000 giving us a median list price for the area of $1.15 million.
In escrow currently there are 8 homes with an average list price of about $570,000. The most expensive home in escrow is listed at $745,000 while the least expensive property is on the market for around $220,000 giving us a median list price for homes in escrow of $835,000
Looking at Sold properties through June 17 there have been 33 sales with an average sales price of about $1.4 million. The highest priced sale was for $16.25 million while the least expensive home was$367,500 giving us a median sales price for the area of $835,000.
For the condo market in Carpinteria Real Estate/Summerland Real Estate 24 properties are available with an average list price of over $1 million. The most expensive condo in the area is listed at $4.29 million while the least expensive condo is listed at $259,000 giving us a median list price of available condos of $578,000.
In escrow right now are 12 properties with an average list price of $385,616. The most expensive property in escrow is listed at $719,000 while at the other end of the spectrum is listed at $244,000 giving us a median list price of about $365,000.
Through March 12 there have been 30 condo sales with an average sales price of about $475,000. The most expensive condo sold this year went out for $2.25 million while the least expensive condo sold for $225,000 giving us a median sold price of just under $400,000.
The Condo market for the Goleta Real Estate North area of Santa Barbara Real Estate the inventory through June 12 there have been 53 listings compared to 65 last year. But with the inventory down the escrows havent moved much at all dropping from 28 in 09 to 27 in 10. The sales however have gone up from 16 last year to 19 this year with the average sales price going down from $415,000 last year to $380,000 this year.
For Home Estates in the Santa Barbara Real Estate area of Goleta Real Estate North the numbers of listings through June 12 there have been 221 listings this year compared to 165 last year and the numbers of escrows has risen from 73 last year to 94 this year. Sales have also gone up from 60 to 73 but the average sales price has declined from about $850,000 last year to approximately $790,000 this year.
The PUD market for the Santa Barbara Real Estate area of Goleta North the overall inventory through June 12 there have been 16 listings compared to 7 last year. The escrows are double this year going from 5 to 10 and the sales are up from 4 to 6. Even the sales price is up from about $540,000 to $670,000.
The Condo market for the Goleta Real Estate South area of Santa Barbara the numbers of properties available through June 12 there have been only 36 listings this year compared to 71 last year. The escrows have also dropped from 40 in 09 to 25 in 10 but the numbers of sales has only gone down from 24 last year to 22 this year with the average sales price declining from about $415,000 last year to approximately $375,000 this year.
For Home Estates in the Santa Barbara Real Estate area of Goleta Real Estate South through June 12 there have been 102 listings compared to 111 last year. But with the inventory down the escrows are up from 43 to 52 and the sales are up from 35 to 43. Even so the average sales priced has declined from about $850,000 last year to approximately $715,000 this year.
The PUD market for the Santa Barbara Real Estate area of Goleta South through June 12 there have been 5 listings compared to 9 last year but this year there have been no escrows compared to 4 last year and 3 sales last year with an average sales price of $750,000 compared to 0 sales this year.
The Condo market for the Hope Ranch Real Estate area of Santa Barbara real estate saw no activity.
For Home Estates in the Santa Barbara Real Estate area of Hope Ranch Real Estate through Jun3 12 there have been 47 listings compared to 48 last year but the escrows have gone up from 7 to 10 this year with the sales also rising from 6 to 10. The average sales price has also gone up from $2.66 million in 09 to $3.83 million this year.
The PUD market for the Santa Barbara Real Estate area of Hope Ranch there has been 1 listing this year and last with 1 escrow last year and no sales for either year.
The Condo market for the West of State St area of Santa Barbara Real Estate the total numbers of listings through June 12 there have been 104 listings compared to 120 last year. But with the listings down the escrows went up from 34 in 09 to 44 in 10 with the sales going up from 21 to 36. But while the sales are up the average sales price slid about $100,000 from $603,776 in 09 to $506,792 in 10.
For Home Estates in the Santa Barbara Real Estate area of West of State the total homes that have been on the market through June 12 there have been 240 listings compared to 239 last year. But with the inventory equal the escrows are up from 91 to 103 with the sales up from 64 to 78. Even the average sales price is up for the average going from about $850,000 last year to $930,000.
The PUD market for the Santa Barbara area of West of State St there have been 5 listings this year compared to 3 last year but both years gave us no escrows and just 1 sale this year from $865,000.
For Condos in the Santa Barbara Real Estate area of East of State the total numbers of properties for sale this year through June 12 there have been 92 listings this year compared to 108 last year. But with fewer listings the escrows have gone up from 33 to 35 and the sales have risen from 26 last year to 34 this year. But the average sales price on those sales declined slightly from $603,000 last year to $598,000 this year.
The Home Estate market for the East of State St area of Santa Barbara Real Estate the total numbers of listings through June 12 the listings have declined by 20 slipping from 367 in 09 to 347 in 10. But while the inventory went down the escrows rose about 20% from 101 last year to 122 this year. The sales are up even further going from 78 last year to 104 this year while the average sales price rose from $1.117 million last year to $1.265 million this year.
For the PUD market on the East Side of Santa Barbara there have been 9 total listings this year rising from 3 last year but both years have no escrows and no sales.
For Condos in the Santa Barbara Real Estate area of East of State the total numbers of properties for sale this year through June 12 there have been 92 listings this year compared to 108 last year. But with fewer listings the escrows have gone up from 33 to 35 and the sales have risen from 26 last year to 34 this year. But the average sales price on those sales declined slightly from $603,000 last year to $598,000 this year.
The Home Estate market for the East of State St area of Santa Barbara Real Estate the total numbers of listings through June 12 the listings have declined by 20 slipping from 367 in 09 to 347 in 10. But while the inventory went down the escrows rose about 20% from 101 last year to 122 this year. The sales are up even further going from 78 last year to 104 this year while the average sales price rose from $1.117 million last year to $1.265 million this year.
For the PUD market on the East Side of Santa Barbara there have been 9 total listings this year rising from 3 last year but both years have no escrows and no sales.
In the Montecito Real Estate area of Santa Barbara Real Estate for the Condo Market the total numbers of properties available through June 12 there have been 39 listings this year compared to 40 last year. But this year there have been 12 escrows compared to just 1 last year. The sales are also way up from 1 to 8 this year with the average sales price this year at about $1.3 million compared to the 1 and only sale last year of $679,000
In the Single Family Home market for the Santa Barbara Real Estate area of Montecito Real Estate through June 12 the listings are 4 up from last year going from 389 in 09 to 393 in 10. The escrows are way up however rising from 56 last year to 67 this year with the sales going up from 47 in 09 to 57 in 10. The average sales price has gone up even farther going from $3.14 million last year to just over $4 million this year.
For the PUD market in Montecito there have been 9 active listings this year compared to 3 last year. The escrows rose from 0 to 2 this year as well as the sales going from 0 to 2. The average sales price on those 2 sales is about $1.5 million.
The Condo market for the
Carpinteria Real Estate/Summerland Real Estate area of Santa Barbara the inventory through June 12 there have been 82 listings this year compared to 84 last year but the numbers of escrows is way up from 25 in 09 to 35 in 10. The sales are even up farther from 17 last year to 30 this year and even the average sales price has risen from $415,000 last year to $475,000 this year.
For Home Estates in the Santa Barbara Real Estate area of
Carpinteria Real Estate/ Summerland Real Estate the numbers of listings through June 12 there have been 153 listings this year compared to 165 last year. But the escrows are down dramatically from 37 in 09 to 27 in 10. But the numbers of sales is up from 23 last year to 31 this year with the average sales price dropping from $1.83 million last year to $1.45 million this year.
The PUD market for the Santa Barbara Real Estate area of Carpinteria/Summerland the overall inventory through June 12 there have been 2 listings in both years and 0 escrows as well as 1 sale in both 09 and10. The sales price last year was $591,000 and this year its $905,000.
For Goleta Real Estate North in the Santa Barbara Real estate area for Home Estate/PUDs market for the period of May 4 to June 4 there were 22 sales this year compared to10 last year and the median sales price rose from $630,000 last year to about $750,000 this year. The average sales dropped however sliding from about $890,000 last year to approximately $790,000 this year. The numbers of pending escrow went up from 16 last year with a median list price of $729,000 to 21 with a median list price of $829,000. Right now there were 83 Home Estate/PUDs available for purchase in Goleta North with a median list price of just under $1 million and an average list price of just over $2 million.
For the condo market in Goleta Real Estate North for the same period there were 2 sales this year with a median sales price of about $395,000 and last year there were 3 sales with a median sales price of $690,000. The average sales price has also gone down from just under $600,000 last year to just under $400,000 this year. The numbers of escrows also went down from 8 last year with a median list price of about $230,000 to 6 this year with a median list price of about $320,000. Right now there are 16 condos available for purchase in Goleta North with a median list price of $429,000 and an average list price of about $490,000.
In the Santa Barbara Real Estate are of Goleta Real Estate South for the Home Estate/PUD market from May 4 to June 4 there have been 11 sales this year compared to 8 last year but the median sales price has declined from $687,500 last year to $635,000 this year. The average sales price also went down from about $720,000 last year to approximately $670,000 this year. The numbers of escrow went up however from 6 in 09 to 10 in 10 with the median list price on those escrows rising from $625,000 last year to about $690,000 this year. Right now in Goleta South there are 36 Home Estate/PUDs available for purchase with a median list price of $890,000 and an average list price of 1,045,677.
For the condo market in Goleta Real Estate South for the same period there were 4 sales this year compared to 10 last year and the median sales price has declined from about $410,000 in 09 to $357,500 in 10. The numbers of escrows has dropped dramatically from 11 last year to 3 this year but the median list price on those escrows went up from $489,000 last year to $499,000 this year. Right now there are just 6 condos available for purchase with a median list price of $380,000 and an average list price of about $415,000.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the period of May 4 to June 4 there was 1 sale this year and 1 sale last year. This year that sale was for $1.74 million and last year it was for $2.15 million. This year there were no opened escrows and last year there were 2 with a median list price of $795,000. Right now there are 25 Home/Estate PUDs available for purchase with a median list price of $3.45 million and an average list price of $4.9 million.
For the Santa Barbara Real Estate areas of Hope Ranch Real Estate for Condominiums there was no activity.
For the Santa Barbara Real Estatearea of West of State St for Home Estate/PUDs for the period of May 4 to June 4 there were 13 sales this year with a median sales price of $950,000 and an average sales price of $1,083,717. Last year for the same period there were 9 sales with a median sales price of $780,000 and an average sales price of about $780,000. For this year there were 18 escrows opened with a median list price of about $750,000 and last year there were 21 escrows opened with a median list price of about $760,000. Right now there are 89 Home Estate/PUDs available for purchase with a median list price of about $1.1 million and an average list price of about $1.42 million.
For the condo market for the same time period on the West Side of Santa Barbara Real Estate there were 11 sales this year with a median sales price of just under $500,000 and an average sales price of $531,454 and last year there were 4 sales with a median sales price of about $520,000 and an average sales price of approximately $525,000. For this period in 10 there were 9 opened escrows with a median list price of $519,000 and last year there were also 9 opened escrows with a median list price of $519,000. Right now there are 49 condos available for purchase with a median list price of $525,000 and an average list price of just under $780,000.
For Santa Barbara Real Estate East of State St for Home Estate/PUDs there were 27 sales from May 4 to June 4 with a median sales price of $1.17 million and last year there were 15 sales with a median sales price of $865,000. The average sales price also has gone up from $1.123 million last year to $1.542 million this year. The numbers of escrows has gone from 10 in 09 with a median list price of $869,000 to 17 this year with a median list price of $990,000. Right now there are 140 Home Estate/PUDs available for purchase on the East Side of Santa Barbara with a median list price of $1.3 million and an average list price of $1.61 million.
For the Condo Market on the East of State side of town for Santa Barbara Real Estate this year there have been 8 sales this year with a median sales price of $524,500 and last year there were 9 sales with a median sales price of $500,000. The average sales price is also up from $568,888 last year to $759,000 this year. The numbers of escrow is also up a little bit from 8 in 09 to 10 in 10. But the median list price for those escrows is down from $765,000 last year to $489,000 this year. Right now there are 37 condos available for purchase on the East Side of Santa Barbara with a median list price of $695,000 and an average list price of about $815,000.
For May of 2010 for Santa Barbara Real Estate, Montecito Real Estate, Hope Ranch Real Estate, Carpinteria Real Estate/Summerland Real Estate and Goleta Real Estate the Home Estate/PUD there were 83 sales dropping from 89 in April. The April sales surge looked like it was going to keep going into May because of the substantial number of escrows that opened during April but sales fell back somewhat.
With the declining numbers of sales, the median sales price rose however from $865,000 in April to about $905,000 in May. This rise in the median sales prices was caused by sales below $1 million falling from about 50 in April to right around 45 in May. Accompanying that drop in sales below $1 million was a drop in the over $2 million sales falling from 18 in April to 10 in May. But, sales in the $1 to $2 million range rose from 19 to 28 for the month bringing up the overall median sales price.
There were about 85 Homes that went into escrow for May which dropped from approximately 120 opened escrows in April. But, the median list price on those escrows remained steady at around $880,000. The inventory grew about 10% for the month up to around 615 but the median list price on those properties for sale remained stable at about $1.7 million. The median list price on the more than 160 new listings that appeared during May did drop however down to roughly $1.1 million.
Looking at the Districts, starting out in Carpinteria/Summerland for Home Estate/PUDs, sales are up from 18 in 09 to 29 in 10 and the median sales price has gone up from $632,000 last year to about $850,000 this year. But, when you look at the pending listings they have dropped from 26 in 09 to 24 in 10 with the median list price for those escrows coming in this year at $679,000 compared to about $700,000 last year.
In Montecito sales are up from 44 in 09 to 51 in 10 with the median sales price rising slightly from $2.35 million to about $2.45 million this year. But, the escrows are way up this year from 45 in 09 with a median list price of about $2.6 million to 58 in 10 with a median list price of $2.5 million.
On the East Side of Santa Barbara sales are up from 70 last year to 98 this year with the median sales price going up from $910,000 last year to $951,000 this year. The pended listings are also up from 74 to 99 with a similar rise in the median list price for those opened escrows. For the West Side sales are also up from 58 to 70 with the median sales price rising from $775,000 last year to $810,000 this year.
In Hope Ranch sales are up from 5 in 09 to 10 in 10 with the median sales price going up from $2.55 million last year to $3.23 million this year. The average sales price is also up from $2.55 million last year to $3.83 million this year soaring by almost $1 million.
In Goleta South sales are basically where they were last year going from 33 in 09 and 37 in 10 but the median sales price has declined from $690,000 last year to $630,000 this year. In Goleta North, sales are up from 51 last year to 68 this year with the median sales price coming up only slightly from $715,000 in 09 to $722,500 in 10.
With the first time buyer credit coming to an end in April the sales below $1 million took a hit but sales above $2 million also fell off. With the rise in the numbers of sales from $1 to $2 million the Price Range Statistic ratios more closely resemble what weve been used to seeing in Santa Barbara. But, if we are to continue moving forward the sub $1 million sales will have to remain robust also. Of the almost 615 current Home listings only about 250 of those are below $1 million so that segment of the inventory needs to grow in order for the market to continue expanding.
For condos in Santa Barbara for the month of May 10 sales went up to 35 from 32 in April and 27 in March and the median sales price rose to $495,000 for the month up from $456,000 in April and $415,000 in March. But, what didnt go up was the numbers of escrows which rose from 35 in March to 40 in April and rose to 42 in May. The median list price on those escrows remained stable however at around $475,000 for May but up from March when that number was about $440,000.
The inventory also did not go up however remaining at around 150 condos for sale from Carpinteria to Goleta with the median list price on those properties continuing to hover around $625,000. There were only 34 new listings that came on the market during May to replace the 35 sold listings but they came on the market at a good number with a $499,000 median list price.
Of the 35 properties that sold, 15 of them were at $500,000 and over with 3 over $1 million and 2 of those over $2 million, while 1 condo sold just below $1 million. This surge in the over $500,000 market is a return to the sales of more expensive condos which had declined substantially in the previous months.
Looking at the Districts, starting in Carpinteria/Summerland sales are double from where they were last year rising from 14 to 28 and the median sales price has come up a little going from $395,000 in 09 to $401,000 in 10. The pending numbers are also up going from 19 last year to 26 this year so the surge should continue in the area.
In Montecito sales are up from 1 last year to 8 this year with the median sales price at about $1.1 million and the average sales price close to $1.3 million up from $679,000 for the only sale last year. The trend should continue in Montecito with 11 opened escrows this year at a $1,050,000 median list price up from 1 escrow last year with a list price of $729,000
On the East Side of Santa Barbara sales are up from 19 in 09 to 29 in 10 but the median sales price has declined from $528,000 last year to about $460,000 this year. The pending numbers are a lot closer together with 29 opened escrows in 09 compared to 33 in 10 and the median list prices are also close together going from $525,000 in 09 to $519,500 in 10.
For the West Side of town there are 33 sales this year compared to 19 last year but the median sales price has dropped from $520,000 last year to about $465,000 this year. The escrows are also way ahead of where they were last year with 40 opened this year compared to 25 last year and the median list price on those escrows is very close falling from $525,000 in 09 to $515,000 in 10.
In Goleta South there were 21 sales in both years but the median sales price has dipped from $410,000 last year to $355,000 this year. The escrows are way behind however with 35 last year compared to 25 this year and the median list price on those escrows has dipped from $419,000 last year to $339,900 this year.
For Goleta North there have been 16 sales this year compared to 14 last year with the median sales price rising from $360,050 in 09 to $405,000 in 10. The escrows show a slight bulge this year with 25 compared to 21 last year and the median list price on those escrows has risen from $365,000 last year to $419,000 this year.
Condo prices are starting to rise and as long as fewer properties come on the market than sell the inventory will continue to decline which should push prices up further. So the questions are, with the first time buyer credit coming to an end in April will the surge in condo sales continue, and second if prices do continue to go up will that spur the sellers to bring their properties onto the market?
Gary Woods
Santa Barbara Real Estates area of Montecito Real Estate for the Home Estate/PUD market there were 10 sales for the period of May 4 to June 4 with a median sold price of just over $2 million and an average sales price of about $3.85 million. Last year there were 13 sales with a median sales price of just under $2 million and an average sales price of about $4.64 million. For the same time period there were 12 escrows opened this year with a median list price of just under $2 million while last year there were 13 escrows opened with a median list price of $2,130,000. Right now there were 207 Home Estate/PUDs available for purchase in Montecito with a median list price of $3.45 million and an average list price of just over $5 million.
For the Condo market in Montecito Real Estate for the same period there were 2 sales this year with an average and median sales price of $970,000 whereas last year there were no sales. This year there were also 3 escrows opened with a median list price of $975,000 and last year there were no opened escrows. Right now there are 18 condos available for purchase with a median list price of $1.5 million and an average list price of $1.54 million.
For the Santa Barbara Real Estate an area of Carpinteria Real Estate/Summerland Real Estate for Home Estates and PUDs for the 30 day period from May 4 to June 4 10 there were 4 sales and last year there were also 4 sales. But the median sales price this year went up from $646,000 last year to $757,500. The average sales price also went up from $763,000 in 09 to $822,500 this year. In both years there were 7 opened escrows but this year the median list price for those escrows has been $625,000 whereas last year it was $679,000. Right now there are 72 Home Estate/PUDs available for purchase in Carpinteria/Summerland with a median list price of about $1.2 million and an average list price of $3.44 million.
For Carpinteria Real Estate/Summerland Real Estate area for the condo market for the same period there were 7 sales this year compared to 4 last year and the median sales price went up from $375,000 in 09 to $600,000 this year. The average sales price also went up from about $450,000 last year to almost $800,000 this year. During the same time period there were 8 escrows opened with a median list price of about $360,000 and last year there were 5 escrows opened with a median list price of $500,000. Right now there are 24 condos available for purchase in Carpinteria/Summerland with a median list price of $578,000 and an average list price of just under $900,000.
For the Santa Barbara Real Estate area of Goleta Real Estate North for the first 5 months of 10 there have been 67 sales compared to 53 last year. The median sales price has remained constant however going up slightly from $715,000 in 09 to $720,000 in 10. The average sales price has fallen however form about $850,000 last year to just over $780,000 this year. The numbers of escrows has risen however form 62 last year to 86 this year with the median list price on those escrows holding firm at about $750,000. Right now there are 84 Home Estate/PUDs available for purchase in Goleta North with a median list price of $979,000 and an average list price of just under $2 million.
For the Santa Barbara Real Estate area of Goleta Real Estate North for the first five months of 10 there have been 16 sales compared to 14 last year and the median sales price has gone up from about $360,000 last year to $405,000 this year. The average sales price has remained solid however dipping slightly from about $390,000 last year to $385,000 this year. The numbers of escrows has rise slightly from 21 last year to 25 this year with the median list price on those escrows also rising from $365,000 last year to about $420,000 this year. Right now there are 16 condos available for purchase in Goleta North with a median list price of about $440,000 and an average list price of just over $490,000.
For the Santa Barbara Real Estate area of Goleta Real Estate South for the first 5 months of 10 there have been 35 sales compared to 34 last year. But the median sales price has dropped from $690,000 last year to $625,000 this year with the average sales price dropping from $782,192 in 09 to right about $710,000 this year. The numbers of escrows has gone up slightly however form 40 in 09 to 46 in 10 with the median list price on those escrows dropping from about $730,000 last year to just under $700,000 this year. Right now on the South Side of Goleta there are 31 Home Estate/PUDs available for purchase with a median list price of about $960,000 and an average list price of just over $1.1 million.
For the Santa Barbara Real Estate area of Goleta Real Estate South for the first five months of 10 there have been 21 sales which is exactly what occurred last year. But the median sales price has dropped from $410,000 last year to $355,000 this year. The average sales price has also dipped from about $440,000 last year to just over $370,000 this year. The numbers of escrows is behind however dipping from 35 in 09 to 24 this year with the median list price on those escrows going down from $419,000 last year to $309,000 this year. Right now there are just 5 condos available for purchase in Goleta South with a median list price of about $490,000 and an average list price of $454,380.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 5 months of 10 there have been 10 sales compared to 5 last year. The median sales price has also gone up from $2.55 million last year to $3.23 million this year with the average sales price also up from $2.88 in 09 to $3.83 in 10. The numbers of escrows however is exactly even with 8 in both years and the median list price on those escrows has gone down from $2.55 last year to just under $2 million this year. Right now there are 26 Home Estate/PUDs available for purchase in Hope Ranch with a median list price of $3.45 million and an average list price of just under $5 million.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first five months of 07 and 08 in the Condo market there was and was been no activity.
For the West of State St area of Santa Barbara Real Estate for the first 5 months of 10 for Home Estate/PUDs there have been 65 sales compared to 58 in 09 and the median sales price has gone up from $775,000 last year to $810,000 this year. The average sales price has also risen from $872,379 last year to $918,884 this year. The numbers of escrows is up a bit from 78 in 09 to 84 in 10 and the median list price on those escrows is up from $759,000 last year to just under $800,000 this year. Right now there are 88 Home Estate/PUDs available for purchase on the West Side of Santa Barbara with a median list price of about $1.1 million and an average list price of about $1.4 million.
For the West of State are of Santa Barbara Real Estate for the first five months of 10 for the condo market there have been 32 sales compared to 19 last year but the median sales price has dropped from $520,000 in 09 to $464,500 in 10. The average sales price has also fallen from $566,542 last year to just over $490,000 this year with the numbers of escrow way up from 25 in 09 to 40 in 10. The median sales price on those escrows has dipped slightly this year from $525,000 in 09 to $515,000 in 10. Right now there are 48 condos available for purchase on the West Side of Santa Barbara with a median list price of $525,000 and an average list price of $787,129.
For the East of State St area of Santa Barbara Real Estate for the first 5 months for Home Estate/PUDs for 10 weve had 92 sales compared to 62 last year and the median sales price has risen from $910,000 last year to $965,500 this year. The average sales price is also up from $1,084,583 in 09 to $1,281,307 in 10. The numbers of escrows are also up from 75 in 09 to 102 in 10 with the median list price going up slightly from $974,000 in 09 to just under $1 million in 10. Right now there are 130 Home Estate/PUDs available for purchase on the East Side of Santa Barbara with a median list price of $1.3 million and an average list price of $1,643,503.
For East of State St are for Santa Barbara Real Estate of for the first five months of 10 there are 28 sales compared to 18 in 09. But, the median sales price has dipped from $528,000 last year to $458,500 this year with the average sales price also falling from $613,383 in 09 to $586,892 in 10. The numbers of escrow is up slightly from 29 last year to 32 this year with the median list price on those escrows dropping a bit from $525,000 last year to $519,500 this year. Right now there are 37 condos available for purchase on the East Side of Santa Barbara with a median list price of just under $700,000 and an average list price of $808,983.
For the Santa Barbara Real Estate area of Montecito Real Estate for the first 5 months of 10 for Home Estate/PUD sales are up to 45 from 41 in 09. The median sales price is also up slightly from $2.35 million to about $2.5 million with the average sales price way up from about $3.2 million to $4.26 million. The numbers of escrows is also up from 45 in 09 with a median list price of about $2.6 million to 58 escrows with a median list price of about $2.5 million. Right now there are about 210 listings available for purchase in Montecito with a median list price of $3.45 million and an average list price of just under $5 million.
For the Santa Barbara Real Estate area of Montecito Real Estate for the first five months for the condo market we have had 8 sales this year compared to 1 last year. The median sales price this year is $1,087,500 with the average sales price just under $1.3 million. Last year that 1 sale was for $679,000. Right now there are just 18 condos for sale in Montecito with a median list price of $1.475 million and an average list price of $1.5 million.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for Home Estate/PUDS for the first 5 months there have been 29 sales this year compared to 17 last year and the median sales price has risen over $200,000 to $860,000 in 10. The average sales price has declined slightly however from about $1.6 million in 09 to just over $1.5 million in 10. But despite the surge in sales the escrows have fallen slightly behind the previous year going from 26 last year to 24 this year and the median list price on those escrows has slid from just under $700,000 to about $680,000 this year. Right now there are 75 Home Estate/PUDs available for purchase in Carpinteria/Summerland with a median list price of about $1.2 million and an average list price of about $3.37 million.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first five months of the year in the condo market there have been 28 sales which is double the number that was racked up last year. The median sales price has risen only slightly from last year when it was $395,000 to just over $400,000 this year. The number of escrows is substantially ahead of where it was last year when it was 19 rising to 28 this year but the median list price on those escrows has dipped from $420,000 last year to $410,000 this year. Right now there are 26 condos available for purchase in Carpinteria/Summerland with a median list price of $578,000 and an average list price of $863,030.
For Santa Barbara Real Goleta Real Estate North area for the Home Estate/PUD through May 20 there have been 56 sales compared to 50 last year for a 12% rise. But the median sales price has dipped slightly from $716,000 last year to $707,500 for a 1.2% drop.
The gap between the median list price of $975,000 and the median sales price of $707,500 gives us a 7.7% gap. Last year the median list price was $1.1 million when compared to the $716,000 median sold price gave us a 35% gap.
For the condo market in Goleta Real Estate North through May 20 there have been 14 sales compared to 12 last year for a 16% rise and the median sales price has risen from $332,250 last year to $405,000 this year for a 22% rise.
The gap between the median list price of $$439,000 and the median sales price of $405,000 gives us a 7.7% gap. Last year the median list price was $419,000 and when combined with the $332,250 we get a 20% gap.