For Goleta Real Estate North in the Santa Barbara Real estate area for Home Estate/PUDs market for the period of June 22 to July 22 there were 18 sales this year compared to 15 last year and the median sales price went up from $705,000 last year to about $785,000 this year. The average sales price also went up from $870,000 last year to $1.23 million this year. There were 13 opened escrows this year with a median list price of about $600,000 and last year there were 11 opened escrows with a median list price of $720,000. Right now there are 95 Home Estate/PUDs available for purchase in Goleta North with a median list price of $895,000 and an average list price of $1.5 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 $415,000 and last year there were 7 sales with a median sales price of $407,000. The average sales price also went up from $390,000 in 09 to $415,000 in 10. The numbers of opened escrows was 5 this year with a median list price of $450,000 compared to last year when there were 4 opened escrows with a median list price of $400,000. Right now there are 17 condos available for purchase on the North Side of Goleta with a median list price of $429,000 and an average list price of $470,000.
In the Santa Barbara Real Estate are of Goleta Real Estate South for the Home Estate/PUD market from June 22 to July 22 there were 8 sales with a median sales price of $715,000 and an average sales price of about $695,000. Whereas last year there were 11 sales with a median sales price of $800,000 and an average sales price of $950,000. For the same period there were 4 escrows opened this year with a median list price of $789,000 and last year there were 8 opened escrows with a median list price of $660,000. Right now there are 45 Home Estate/PUDs available for purchase with a median list price of $869,000 and an average list price of $1.28 million.
For the condo market in Goleta Real Estate South for the same period there were 4 sales this year compared to 12 last year and the median sales price has dropped from about $500,000 last year to about $300,000 this year. The average sales price has also declined from $490,000 last year to $315,000 this year. For the same period there were 5 escrows opened with a median list price of $419,000 and last year there were 6 escrows opened with a median list price of $460,000. Right now there are 7 condos available for purchase on the South Side of Goleta with a median list price of $490,000 and an average list price of $475,000.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the period of June 22 to July 22 this year there was 1 sale for $1.325 million and last year there was 1 sale for $745,000. This year there was 1 opened escrow for $999,000 while last year there were 3 escrows with a median list price of $2.2 million. Right now there are 33 Home Estate/PUDs available for purchase in Hope Ranch with a median list price of $3.295 million and an average list price of $5.24 million.
For the Santa Barbara Real Estate areas of Hope Ranch Real Estate for Condominiums there was no activity.
For the Santa Barbara Real Estate area of West of State St for Home Estate/PUDs for the period of June 22 to July 22 there were 19 sales this year compared to 14 last year. But the median sales price fell this year to $700,000 from $721,000 last year with the average sales price rising however from $765,000 last year to $853,000 this year. The numbers of escrows grew enormously this year from 8 in 09 with a median list price of $849,000 to 24 opened escrows with a median list price of $775,000 in 10. Right now there are about 100 Home Estate/PUDs available for purchase on the West Side of Santa Barbara with a median list price of $989,000 and an average list price of $1.26 million.
For the condo market for the same time period on the West Side of Santa Barbara Real Estate there were 3 sales this year with a median sales price of $539,000 and an average sales price of $756,000 compared to last year when there were 10 sales with a median sales price of about $495,000 and an average sales price of $560,000. This year there were 6 opened escrows with a median list price of $487,500 and last year there were 3 opened escrows with a median list price of $419,000. Right now there are 53 condos available for purchase with a median list price of $525,000 and an average list price of $750,000.
For Santa Barbara Real Estate East of State St for Home Estate/PUDs there were 17 sales from June 17 to July 17 with a median sales price of $1.05 million and an average sales price of $1.16 million. Last year there were 21 sales with a median sales price of $955,000 and an average sales price of $1.035 million. During that same time period there were 24 escrows opened up with an $899,000 median list price and last year there were 22 escrows opened with a $750,000 median list price. Right now there are about 150 Home Estate/PUDs available for purchase on the East Side of Santa Barbara with a median list price of $1.4 million and an average list price of about $1.7 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 $447,500 and an average sales price of about $530,000. Last year there were 5 sales with a median sales price of $578,000 and an average sales price of about $720,000. During that same time period 1 escrow was opened with a list price of $199,000 while last year there were 8 escrows opened with a median list price of $445,500 and an average list price of about $485,000. Right now there are 38 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 $830,000.
Santa Barbara Real Estates area of Montecito Real Estate for the Home Estate/PUD market there were 14 sales from Jun 22 to July 22 with a median sales price of about $3.4 million. Last year there were 12 sales and the median sales price was $2.11 million. The average sales price also from $2.77 million in 09 to $3.9 million in 10. During that period there were 13 escrows opened this year with a median list price of $2.75 million while last year there were 14 escrows opened with a median list price of just under $4 million. Right now there are about 190 Home Estate/PUDs available for purchase in Montecito with a median list price of $3.45 million and an average list price of about $5.4 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 $930,000 whereas last year there were no sales. During that same time period this year 1 escrow opened with a list price of $895,000 compared to last year when 1 escrow also opened with a list price of $795,000. Right now there are 22 condos available for purchase in Montecito with a median list price of $1.475 million and an average list price of $1.49 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 June 22 to July 22 there were 3 sales this year and 7 last year. For the 3 this year the median sales price was $560,000 while last year it was $700,000. The average sales price took a big tumble falling from $1.15 million last year to $590,000 this year. The escrows were up this year however with 9 in 10 compared to 7 in 09 and the median list price of those escrows rose from $510,000 last year to $625,000 this year. Right now there are 77 Home Estate/PUDs available for purchase in Carpinteria/Summerland with a median list price of $1.2 million and an average list price of $3.4 million.
For Carpinteria Real Estate/Summerland Real Estate area for the condo market for the same period there were 4 sales this year compared to 7 last year and the median sales price fell from just under $400,000 last year to $355,000 this year. The average sales price always went down from about $365,000 last year to about $335,000 this year. The numbers of escrows went up however from 6 in 09 with a median list price of $460,000 to 9 in 10 with a declining median list price of $320,000. Right now there are 30 condos available for purchase in Carpinteria/Summerland with a median list price of $525,000 and an average list price of $862,690.
For Goleta Real Estate North area for the Home Estate/PUD market through July 16 there are 98 properties available for purchase with an average list price of about $1.5 million. The highest priced listing is on the market for $10.9 million while at the other end of the spectrum is one on the market for just $95,000 giving us a median list price of $889,000.
There are 23 properties in escrow with an average list price of $662,773. The highest priced property in escrow is listed at $1,065,000 while at the other end of the spectrum is one listed for $539,000 giving us a median list price for homes in escrow of $620,000.
Through July 16 there have been 94 sales in the area with an average sales price of about $890,000. The most expensive sale was for $7.325 million while at the other end of the scale is one that sold for $425,000 giving us a median sold price for the area of $735,000.
For the condo market in Goleta Real Estate through July 16 there are 14 properties available for purchase with an average list price of about $490,000. The most expensive condo listed in the area is asking just under $1 million while the least expensive property can be had for $299,000 giving us a median list price of $429,000.
Right now there are 12 condos in escrow with an average list price of about $400,000. The highest priced condo currently in escrow is listed for $709,000 while at the other end of the spectrum is one listed for $231,300 giving us a median list price for condos in escrow of $364,500.
Through July 16 there have been 21 sales with an average sales price of $386,052. The highest priced sale was for $535,000 while at the other end of the scale is a sale of $201,800 giving us a median sales price through this part of the year of $410,000.
For Goleta Real Estate North area for the Home Estate/PUD market through July 16 there are currently 43 properties available for purchase with an average list price of about $1.3 million. The highest price property is listed at $11.9 million while the least expensive home can be had for $399,000 giving us a median list price for the area of $869,000.
There are 14 homes in escrow in the area with an average list price of about $875,000. The most expensive home in escrow is listed at $1.675 million while the least expensive property in escrow is on the market for about $500,000 giving us a median list price of homes in escrow in Goleta South of $789,000.
Through July 16 there have been 53 sales with an average sales price of about $715,000. The highest priced listing sold for $2.25 million while at the other end of the scale is a property selling for $270,000 giving us a median sales price through July 16 of $650,000.
For the condo market in Goleta Real Estate North through July 16 there are just 6 properties available for purchase with an average list price of about $475,000. The highest priced listing is on the market for $695,000 while at the other end of the scale is one listed for about $230,000 giving us a median list price of available properties of $459,000.
Right now there are 10 condos in escrow with an average list price of about $377,790. The highest priced condo in escrow is listed for about $555,000 while the least expensive condo in escrow is listed at $219,000 giving us a median list price of condos in escrow of just under $375,000.
Through July 16 there have been 25 condo sales with an average sales price of $372,464. The most expensive condo sold for $594,500 while the least expensive condo sold for $215,000 giving us a median sold price through July 16 of $355,000.
For Hope Ranch Real Estate for Home Estate/PUDs through July 16 there are 30 properties available in the area with an average list price of $5.45 million. The most expensive listing is on the market for $29 million while at the other end of the scale is one listed at $1.795 million giving us a median list price for the area of about $3.3 million.
Right now there is just 1 property currently in escrow that is listed for $999,900
Through January there have been 11 homes sold in Hope Ranch with an average sales price of about $3.6 million. The most expensive sale was for $7.35 million while the least expensive sale was for $1.325 million giving us a median sales price through July 16 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 July 16 there are currently 96 Home Estate/PUDs available for purchase with an average list price of $1.29 million. The most expensive property on the market can be had for about $7 million while at the other end of the scale is one listed for just under $400,000 giving us a median list price for the area of $995,000.
There are 32 properties currently in escrow with an average list price of $1.075 million. The most expensive property in escrow right now is listed for $3.175 million while at the other end of the scale is one listed at just $324,900 giving us a median list price of homes in escrow of $795,000.
So far in 10 there have been 95 home sales in the area with an average sales price of $935,000. The highest priced sale was for about $2.9 million while at the other end of the scale is one that sold for $405,000 giving us a median sales price for the year of $800,000.
For the Condo market on the West Side of Santa Barbara Real Estate through July 16 there are 51 properties available for purchase with an average list price of about $770,000. The highest priced listing in the area is on the market for $2.75 million while the least expensive condo can be had for $345,000 giving us a median list price for the area of $345,000.
There are 13 condos currently in escrow in the area with an average list price of about $590,000. The highest priced listing currently in escrow is on the market for $1.349 million while at the other end of the scale is a property listed at about $400,000 giving us a median list price for condos in escrow of $523,000.
Through July 16 there have been 41 condo sales on the West Side of town with an average sales price of about $505,000. The highest price sale was for $985,000 while the least expensive sale was for $342,000 giving us a median sales price of $495,000.
For the East of State St area of Santa Barbara Real Estate through July 16 there are currently 151 Home Estate/PUDs available for purchase in the area with an average list price of $1.66 million. The highest priced listing is on the market for $9.3 million while the least expensive property is listed for $329,000 giving us a median list price of about $1.4 million.
There are currently 36 homes in escrow in the area with an average list price of about $875,000. The highest priced listing in escrow is on the market for $1.625 million while the least expensive property is listed at just $325,000 giving us a median list price for homes in escrow of $825,000.
Through July 16 there have been 121 sales in the area with an average sales price of $1.24 million. The highest priced sale went out for $7.6 million while the least expensive property sold for just $275,000 giving us a median sales price of $975,000.
The condo market for the East Side of Santa Barbara Real Estate through July 16 there are 35 properties available for purchase with an average list price of about $830,000. The most expensive condo listed in the area is on the market for $1.69 million while the least expensive condo is listed for $429,000 giving us a median list price for the area of $749,000.
There are 9 condos in escrow right now with an average list price of about $480,000. The most expensive property currently in escrow is listed for $695,000 while the least expensive property is listed at just under $200,000 giving us a median list price of condos in escrow of $450,000.
This year through July 16 there have been 41 condo sales with an average sales price of about $570,000. The highest priced sale was for $2.175 million while the least expensive condo sold for $290,000 giving us a median sales price for the area of $467,000.
For Santa Barbara Real Estate in the Montecito Real Estate area through July 16 there are currently 193 Home Estate/PUDs for sale with an average sales price of about $5.4 million. The most expensive listing is on the market for $42.5 million while at the other end of the scale you can get a home in Montecito for just $818,000 giving us a median list price for the area of about $3.5 million.
With all those listings we have 18 homes in escrow right now with an average list price of $4.23 million. The highest priced property in escrow is listed for $15.3 million while the other end shows us a property in escrow listed for just $785,000 giving us a median list price for homes in escrow of about $2.5 million.
Through July 16 there have been 67 sales with an average sales price of about $4 million. The highest priced sale through that time sold for $15.5 million while the least expensive home sold for just $685,000 giving us a median sales price for the area of about $2.5 million.
For the Condo market in Montecito Real Estate there are currently 23 available with an average list price of about $1.46 million. The most expensive condo in Montecito right now can be had for just under $3 million while the least expensive condo is listed for $699,000 giving us a median list price of about $1.47 million.
Right now there are 2 condos in escrow with an average list price of $1.324 million. The most expensive condo in escrow is listed for $1.599 million while the other property is on the market for $1,050,000.
There have been 10 condo sales this year with an average sales price of about $1.2 million. The most expensive condo sold for $3 million while the least expensive property went out at $540,000 giving us a median sales price thus far in 10 of $1,050,000.
For Santa Barbara Real Estate in Carpinteria Real Estate/Summerland Real Estatefor the Home Estate/PUD market through July 16 there are 78 available properties with an average list price of an amazing $3.58 million. The highest priced property is on the market for $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 about $1.2 million.
In escrow currently there are 9 homes in escrow with an average list price of about $690,000. The most expensive home currently in escrow is listed for $950,000 while on the other end of the spectrum is a property listed at $459,000 giving us a median list price on those 9 homes in escrow of $625,000.
Looking at Sold properties through July 16 there have been 37 sales with an average sales price of $1.3 million. The most expensive sales was for $16.25 million while the least expensive home sold for just about $220,000 giving us a median sales price of $675,000.
For the condo market in Carpinteria Real Estate/Summerland Real Estatethere are currently 30 properties available for purchase with an average list price of about $850,000. The most expensive condo on the market is listed at $4.29 million while on the other end of the spectrum is one for about $240,000 giving us a median list price of $499,000.
In escrow right now there are 13 condos with an average list price of about $385,000. Topping the charts is a property listed for about $720,000 while on the other end is a condo in escrow listed for $297,000 giving us a median list price on condos in escrow of $355,000.
Through July 16 there have been 36 condo sales with an average sold price of $453,672. Topping the list is one right on the beach that sold for $2.25 million and at the other is one for about 1/10 of that which sold for $225,000 giving us a median sales price of about $390,000.
For Home Estate PUDs in the Goleta Real Estate North area of Santa Barbara Real Estate for the period of 1/1/10 to 7/7/10 there have been 92 sales compared to 79 last year and the median sales price has gone up slightly from $710,000 last year to $735,000 this year. The average sales price has also gone up from $850,000 last year to $880,000 this year. Those 92 sales took on average 68 days to get an accepted offer with another 45 days average escrow time you get a total marketing time of 113 days.
For Goleta Real Estate North condos there have been 20 sales this year compared to 22 last year and the median sales price has risen from $393,000 last year to $405,000 this year and the average sales price has gone down from about $400,000 last year to about $380,000 this year. Those 20 sales took on average 61 days to get an accepted offer and with another 38 days of escrow time added in it gives us a total marketing time of 99 days.
For Home Estate PUDs in the Goleta Real Estate South area of Santa Barbara Real Estate from January 1 10 to July 9 2010 there have been 52 sales compared to 46 last year and the median sales price has fallen from about $700,000 last year to $650,000 this year. The average sales price has also come down from about $850,000 last year to $716,000 this year. Those 52 sales took on average 57 days to get an accepted offer and when you add in another 49 days of escrow time you have a total marketing time of 101.
For Condominiums for Goleta Real Estate South for the same time period there have been 25 sales this year compared to 35 last year. The median sales price has dropped from $414,000 last year to $355,000 this year with the average sales price declined from $420,000 last year to $372,000 this year. Those 35 sales took on average 41 days to get an accepted offer and adding in another 59 days of average escrow time gives you a total marketing time of 95 days.
For Hope Ranch Real Estate Home Estate/PUDs from January 1, 10 to July 9, 10 there have been 11 sales compared to 8 last year and the median sales price has risen from $2.36 million last year to $2.97 million this year. The average sales price is also but even farther rising about $500,000 from $3.11 million last year to $3.6 million this year. Those 11 sales took on average 109 days to get an accepted offer and when you add in another 48 days you get an average marketing time of 157 days.
For Condominiums in Hope Ranch Real Estate there was no activity.
For West of State St in Santa Barbara Real Estate for Home Estate/PUDs for the period of January 1, July 9, 2010 there have been 91 sales compared to 82 last year and the median sales price has gone up from $732,500 last year to $800,000 this year. The average sales price is also up from about $836,012 last year to $940,413 this year. Those 91 sales took on average 53 days to get an accepted offer and when you add in another 41 days of escrow time you get a total marketing time of 94 days.
For Condominiums on the West Side of Santa Barbara Real Estate for the same time period there have been 41 sales this year compared to 30 last year but the median sales price has gone down from $517,500 last year to $495,000 this year. The average sales price has also gone down from $623,310 last year to about $506,000 this year. Those 41 sales took on average 67 days to get an accepted offer and when you add in another 48 days of average escrow time you get a total marketing time of 115 days.
For the East of State St for Santa Barbara Real Estate Home Estate/PUDs for January 1 10 to July 9, 10 there have been 117 sales compared to 83 last year and the median sales price has risen from $937,000 last year to $975,000 this year. The average sales price has also gone up to about $1.252 million from $1.091 million. Those 117 sales took on average 82 days to get an accepted offer and another average 39 days of escrow time to get a completed sale for a total of 158 days.
For Condominiums in the East of State St area of Santa Barbara Real Estate for the same time period there were 39 sales compared to 30 last year but the median sales price has dropped from about $511,000 last year to $450,000 this year. The average sales price has also come down from about $588,000 last year to $562,000 this year. Those 39 sales took on average 92 days to get an accepted offer and another 62 average days of escrow time for a total marketing time of 144 days.
From 1/1/10 to 7/9/10 in Montecito Real Estate for the Home Estate/PUD market there have been 63 sales compared to 56 last year and the median sales price has risen for $2.345 million last year to $2.485 million this year. The average sales price went way up however to about $4 million this year compared to $3.12 million last year. Those 63 sales took on average almost 166 days to get an accepted offer but just 37 days to close escrow giving us a total marketing time of 203 days.
For Condominiums for the same time period in Montecito Real Estate this year there have been 11 sales this year with a median sales price of $1,062,500 and an average sales price of $1,218,600 compared to 1 sale last year with a sales price of $679,000. Those 11 sales on average took 119 days on average to get an accepted offer and just 34 days of escrow time for a total marketing time of 153 days.
From January 1 10 to May 14 10 for Home Estate/PUD in Carpinteria Real Estate/Summerland Real Estate there were 38 sales compared to 26 in 09 and the median sales price has risen from about $643,000 last year to $675,000 this year. The average however has declined from almost $1.43 million last year to about $132 million this year. Those 36 sales took on average almost 119 days to get an accepted offer and when you add in another 63 days for escrow time it took a total of 182 days on average to complete a transaction.
For Condominiums in Carpinteria Real Estate/Summerland Real Estate for the same time period there were 36 sales compared to 20 last year but the median sales price fell from about $400,000 last year to about $390,000 this year. The average however has gone up from where it was last year at $409,000 to $453,000. Those 36 sales took on average 77 days to get an accepted offer and when you add in another 63 days for escrow time it took 140 on average days to complete a condo Carpinteria/Summerland transaction.
For the Santa Barbara Real Estate area of Goleta Real Estate
North for the first 6 months of 10 there have been 82 sales compared to 73 in '09. The median sales price has also gone up from $704,000 last year to about $735,000 this year. The average sales price has gone down however dipping from about $850,000 last year to approximately $810,000 this year. The numbers of escrow is way up from right about 80 last year to over 100 this year with the median list price on those escrow staying solid for both years at about $750,000. Right now there are 91 Home Estate/PUDs available for purchase in Goleta North with a median list price of about $980,000 and an average list price of $1.95 million.
For the Santa Barbara Real Estate area of Goleta Real Estate
North for the first six months of 10 there have been 20 sales which is exactly what occurred last year. The median sales price is also very close together sliding just $3,000 from $408,5000 in '09 to $405,000 in '10. The average sales price is slightly down however dipping from about $405,000 last year to approximately $380,000 this year. The numbers for escrows is also close together dipping by just 1 from 30 to 29 but the median list price on those escrows slid up from just under $400,000 to about $420,000. Right now there are just 15 condos available for purchase with a median list price of $429,000 and an average list price of just about $476,000.
For the Santa Barbara Real Estate area of Goleta Real Estate
North for the first 6 months of 10 there have been 82 sales compared to 73 in '09. The median sales price has also gone up from $704,000 last year to about $735,000 this year. The average sales price has gone down however dipping from about $850,000 last year to approximately $810,000 this year. The numbers of escrow is way up from right about 80 last year to over 100 this year with the median list price on those escrow staying solid for both years at about $750,000. Right now there are 91 Home Estate/PUDs available for purchase in Goleta North with a median list price of about $980,000 and an average list price of $1.95 million.
For the Santa Barbara Real Estate area of Goleta Real Estate
North for the first six months of 10 there have been 20 sales which is exactly what occurred last year. The median sales price is also very close together sliding just $3,000 from $408,5000 in '09 to $405,000 in '10. The average sales price is slightly down however dipping from about $405,000 last year to approximately $380,000 this year. The numbers for escrows is also close together dipping by just 1 from 30 to 29 but the median list price on those escrows slid up from just under $400,000 to about $420,000. Right now there are just 15 condos available for purchase with a median list price of $429,000 and an average list price of just about $476,000.
For the Santa Barbara Real Estate area of Goleta Real EstateReal Estate South for the first 6 months of '10 there have been 51 sales compared to 45 in '09. The median sales price has dropped about $50,000 however from $700,000 last year to $650,000 this year with the average sales price falling even further from about $840,000 in '09 to about $715,000 in '10. The nubmers of escrows is up slightly this year from 50 last year to 54 this year but the median list price on those escrows has dipped from $729,000 in '09 to just under $700,00 this year. Right now there are 40 Home Estate/PUDs available for purchase in Goleta South with a median list price of about $870,000 and an average list price of just over $1 million.
For the Santa Barbara Real Estate area of Goleta Real EstateReal Estate South for the first six months there have been 24 sales compared to 32 last year and the median sales price has declined from about $420,000 last year to just about $360,000 this year. The average sales price has also dipped from approximately $415,000 in '09 to just about $375,000 this year. The numbers of escrows are way down however from 44 last year to 28 this year with the median list price on those escrows falling almost $100,000 from $430,000 last year to $340,000 this year. Right now there are just 6 condos avaiable for purchase in the Goleta South area with a median list price of $519,000 and an average list price of $517,000.
Looking at the Home Estate/PUD market for the greater Santa Barbara Real Estate area from Carpinteria Real Estate/Summerland Real Estate to Goleta Real Estate including Montecito Real Estate and Hope Ranch Real Estatefor the first 6 months of 10 the numbers of sales for June was 81, down from 86 in May and 89 in April. The Medium Sales Price was up slightly however going from $902,500 in May to about $915,000 in June. But, the average sales price did drop from the previous month going from $1.425 million in May to about $1.25 million in June. This decline in the average sales price was due to a fall in the numbers of homes that sold over $1 million and an increase in the sales below $1 million.
Comparing June 09 to June 10, the sales are about the same with 85 in 09 and 81 in 10 but the median sales price has gone up substantially from about $795,000 last year to $915,000 this year. What has also gone up is the numbers of escrow rising from 84 in 09 to over 100 in 10. The median list price on those escrows did not go up a lot however with 09 having an $829,000 median list price for opened escrows and 10 showing up with an $885,000 median list price for escrows opened in June.
The inventory is up from the previous month when there were about 615 Home Estate/PUDs available for purchase with a median list price of about $1.7 million to about 650 Homes on the market in June with a $1.6 million median list price
Looking at the Districts, Carpinteria/Summerland home sales are up with 35 this year compared to 26 last year and the median sales price has drifted upward from $643,000 in 09 to $675,000 in 10. What has dropped substantially this year is the numbers of escrows falling from 39 in 09 to 27 in 10. This means that most of those sales that were racked up this year were actually put into escrow last year.
Montecito has seen 57 sales this year compared to 52 last year and the median sales price has risen slightly from $2.33 million in 09 to $2.48 million in 10. But, compared to Carpinteria/Summerland the future looks bright in Montecito because the escrows are up from 54 in 09 to 72 in 10 with the median list price on those escrows holding solid at about $2.6 million for both years.
East of State St sales are way up from 74 last year to 112 this year with the median sales price rising from just under $900,000 last year to about $960,000 this year. The escrows are also way up this year so things should continue surging forward in the area.
On the West Side of town the numbers of sales are up from 78 last year to 86 this year with the median sales price also going up from $735,000 last year to about $815,000 this year. Escrows are also way ahead of last year so just like the East Side things should keep going on the West Side.
In Hope Ranch sales are up from 7 to 10 this year with the median sales price going from $2.55 million to $3.23 million. But, it looks like things have stalled in the area because escrows are holding at 11 this year compared to 10 last year with the median list price on those escrows in 10 falling to just under $2 million.
For Goleta South sales are up from 45 last year to 51 this year but the median sales price has dipped from $700,000 last year to $650,000 this year. It looks like things are slowing in the area with escrows just slightly ahead of the 09 pace but on the up side the median list price on those escrows is right about $700,000.
Goleta North sales are up from 73 in 09 to 83 in 10 with the median sales price also rising from $704,000 last year to $735,000 this year. The escrows are way up however going from 78 in 09 to over 100 in 10.
For the Home Estate/PUD market sales are remaining in that mid 80s range for the month with the median sales price still hovering around the $900,000 range for June.
For the Condo market in the Santa Barbara area there were 33 sales in June down from 37 in May but up from 32 in April. The median sales price also fell for the month from $467,000 in May to $439,000 in June. The average sales price dropped substantially however falling from about $600,000 in May to about $500,000 in June.
In June 09 there were 43 sales compared to the 33 in June 10 but the median sales price last year of $455,000 has remained rather stable for about a year. But, when you look at the period from Jan. 1 to June 30 there were 130 sales in 09 compared to 168 this year while the median sales price slid down from $467,500 in 09 to $437,000 in 10. For June 10 most of the sales were concentrated below $550,000 with only 6 of the 33 sales above that mark and no transaction above $1 million.
Looking at the Districts, Carpinteria/Summerland has 36 sales this year compared to 19 last year but the median sales price has dipped slightly from $400,000 in 09 to $393,100 in 10. The escrows are also way up from 23 last year with a median list price on those escrows of $420,00 to 35 this year with a median list price of $409,000.
In Montecito there have been 10 sales this year with a median sales price of $1,062,500 compared to only 1 sale last year for $679,000. The escrows are also up from just 1 in 09 to 12 this year so sales should remain substantially ahead in Montecito for the foreseeable future.
On the East Side Santa Barbara there have been 38 sales this year compared to 29 last year but the median sales price has dropped from $505,000 last year to $442,500 this year. The escrows are only slightly ahead this year with 38 compared to 33 last year with the median list price on those escrows going down from $539,000 in 09 to $499,000 in 10.
For the West Side condo sales have gone up from 29 in 09 to 40 in 10 but the median sales price has dropped from $520,000 last year to $496,000 this year. The escrows are also up from 36 last year with a median list price of $519,000 to 49 this year with a median list price of $515,000.
Goleta South condo sales have dropped from 32 in 09 to 24 in 10 with the median sales price of $419,500 last year down to $357,500 this year. The pending properties are also way down from 44 last year to 28 this year. This decline in activity is because of the lack of inventory in the area. Right now there are just 6 condos in Goleta South available for purchase with a median list price of $519,000.
Goleta North condo sales are right where they were last year with 20 in both years and the median sales price is also solid with $408,500 in 09 compared to $405,000 in 10. The escrows are also very close together with 30 last year and 29 this year as is the median list price on those escrows with $399,000 last year and $419,000 this year.
The inventory came up slightly in June with 147 available properties and there were 55 new listings occurring in the month showing up with a median list price of about $480,000 which is very close to the median sold price of approximately $440,000 when you consider the Sales Price to Original List Price Ratio of 90.37%.
With Home Sales remaining in the mid 80s and condo sales in the mid 30s for the month things look like theyre going to keep going for awhile especially when you consider the over 100 Home Escrows opened in June. The condo escrows are not piling up however but just matching the numbers of sales. But without an expanding inventory this is to be expected. The median sales price of homes is up slightly from $830,000 last year to about $860,000 this year over the 1st 6 months while the condo median sales price is down from $467,500 last year to $437,000 this year.
Gary Woods
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 6 months of '10 there have been 10 Home Estate/PUD sales with a median sales price of about $3.23 million compared to last year when there were just 7 sales with a median sales price of about $2.55 million. The average sales price has also gone up from $3.45 million in '09 to $3.83 million in '10. The numbers of escrow is up only slightly however going from 10 last year to 11 this year but this year the median list price on those escrows dipped markedly from $2.55 million in '09 to just under $2 million in '10. Currently there are about 30 Home Esate/PUDs available for purchase in Hope Ranch with a median list price of about $3.5 million and average list price of approximately $5.65 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 6 months there have been 86 sales this year compared to 78 last year. The median sales price has gone up from $735,000 in '09 to about $815,000 this year with the average sales price also rising from $840,000 last year to about $950,000 this year. The number of escrows is also up from 89 in '09 to 114 in '10 but the median list price on those escrows has gone up only slightly from $775,000 last year to just under $800,000 this year. Right now on the West Side of Santa Barbara there are 83 Home Esate/PUDs available for purchase with a median list price of about $1.1 million and an average list price of approximately $1.4 million.
For the West of State are of Santa Barbara Real Estate for the first six months in the condo market there have been 39 sales compared to 29 in '09 but the median sales price has dropped a little from $520,000 last year to just under $500,000 this year. The numbers of escrows is also up from 36 last year with a median list price of about $520,000 compared to this year when there have been 49 opened escrows with that same median list price of about $519,000. Right now there are about 50 Condos available for purchase on the West Side of Santa Barbara with a median list price of about $600,000 and average list price of about $790,000.
For the East of State St area of Santa Barbara Real Estate for the first 6 months for Home Estate/PUDs there have been 112 sales this year compared to 74 last year and the median sales price has risen from about $900,000 in '09 to about $960,000 in '10. The numbers of escrows is also way up from 98 last year to 122 this year with the median list price on those escrows going up from just under $900,000 to just under $1,000,000. Right now there are approximately 150 Home Estate/PUDs available for purchase on the East Side of Santa Barbara with a median list price of about $1.3 million and average list price of about $1.65 million.
For Condos on the East of State St area of Santa Barbara Real Estate for the first six months there have been 38 sales this year compared to 29 last year but the median sales price has dropped from about $505,000 in '09 to approximately $440,000 this year. The average has also declined but not quite as far falling from about $590,000 last year to approximately $560,000 this year. Right now there are 35 condos available for purchase on the East Side of Santa Barbara with a median list price of $749,000 and an average list price of $840,00
For the East of State St area of Santa Barbara Real Estate for the first 6 months for Home Estate/PUDs there have been 112 sales this year compared to 74 last year and the median sales price has risen from about $900,000 in '09 to about $960,000 in '10. The numbers of escrows is also way up from 98 last year to 122 this year with the median list price on those escrows going up from just under $900,000 to just under $1,000,000. Right now there are approximately 150 Home Estate/PUDs available for purchase on the East Side of Santa Barbara with a median list price of about $1.3 million and average list price of about $1.65 million.
For Condos on the East of State St area of Santa Barbara Real Estate for the first six months there have been 38 sales this year compared to 29 last year but the median sales price has dropped from about $505,000 in '09 toapproximately $440,000 this year. The average has also declined but not quite as far falling from about $590,000 last year to approximately $560,000 this year. Right now there are 35 condos available for purchase on the East Side of Santa Barbara with a median list price of $749,000 and an average list price of $840,000
For the Santa Barbara Real Estate area of Montecito Real Estate for the first 6 months of 10 there have been 57 Home Estate/PUD sales compared to 52 last year the median sales price has risen from about $2.3 million to approximately $2.5 million this year. The average sales price is way up from just over $3 million this year to just under $4 million this year. The numbers of escrows is even farther up from 54 in '09 to 71 in '10 with the median list price on those escrows rising from about $2.6 million to $2.75 million. Right now there are just under 200 Home Estate/PUDs available for purchase in Montecito with a median list price of $3.45 million and an average list price of about $5.25 million.
For the Santa Barbara Real Estate area of Montecito Real Estate for the first six months there have been 10 sales compared to 1 last year. The median sales price for the year is about $1.05 million with the average over $1.2 million. Last year that one and only sale was for $679,000. The numbers of escrows is also up from just 1 last year to 12 this year with that median list price on the 12 escrows right at that sales price of $1.05 million. Right now there are 18 condos available for purchase in Montecito with a median list price of $1.45 million and an average list price just slightly higher at $1.46 million.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 6 months of 10 there have been 35 Home Estate/PUD sales this year compared to 26 last year and the median sales price has gone up from about $650,000 last year to $675,000 this year. The numbers of pending listings are way behind last years pace of 39 settling down to just 27 opened escrows this year and the median list price on those pended listings has fallen from about $800,000 in '09 to $625,000 in '10. Currently there are 78 Home Estate/PUDs available for purchase in Carpinteria/Summerland with a median list price of about $1.2 million.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first six months for the condo market the sales are way ahead of the '09 pace rising from 19 last year to 36 this year. The median sales price however is right about where it was last year declining slightly from $400,000 in '09 to $393,0100 in '10. The numbers of escrow are also way up from 23 last year to 35 this year and the median list price on those escrows is up just lightly from $420,000 to about $410,000 this year. Right now there are just 29 condos available for purchase in Carpinteria/Summerland with a median list price of $525,000.
For Goleta North area of Goleta Real Estate for the Home Estate/PUD market through March 12 there are 71 properties available with an average list price of about $2.2 million. The most expensive property available in the area is listed for $22 million while at the other end of the spectrum theres a home on the market for $180,000. The median list price for Goleta is $995,000.
There are 20 that are in escrow right now with an average list price for those homes of about $896,430. The highest priced listing in escrow is on the market for $2.35 million while the least expensive property is listed at about $409,000. The median list price for homes in the area is just under $749,900.
Through March 12 there have been 24 Home Estate/PUD sales on the North Side of Goleta with an average sales price of about $720,000. The highest priced sale was for $1.1 million while the least expensive sale was for $450,000 giving us a median sales price of $680,000.
For the condo market in Goleta Real Estate North through March 12 there are just 15 properties available with an average list price of about $489,000. The highest priced condo is on the market for $1,059,000 and the least expensive home can be had for just $299,000. The median however is right at $459,000.
Right now there are 6 condos in escrow with an average list price of about $330,000. The highest priced condo in escrow right now is listed at $549,000 while the least expensive condo is on the market for $202,000 giving us a median list price for condos in escrow of $228,100
Through March 12 there have been 5 condo sales with an average sales price of just under $415,420. The higher priced sale was for $470,000 and the less expensive sale was for $228,100 giving us a median sales price for the area of $459,000.