Santa Barbara Real Estates area of Montecito Real Estate for the Home Estate/PUD market there were 12 sales from July 27 to August 27 with a median sales price of $2.33 while last year there were 13 sales with a median sales price of $4.1 million. The average sales price also declined from $5.56 million to $2.36 million. Last year there were 20 opened escrows with a median list price of about $3 million and this year there were 13 opened escrows with a median list price of $2.3 million. Right now there are about 190 Home Estate/PUDs listed for sale in Montecito with a median list price of $3.3 million and an average list price of $5.2 million.
For the Condo market in Montecito Real Estate for the same period there 1 sales this year for $825,000 compared to last year when there were 2 sales with a median and average sales price of $1,082,500. This year there was 1 opened escrow with a list price of $929,000 and last year there were 2 opened escrows with a median list price of $659,900. Right now there are 24 condos available for purchase with a median and average list price of $1.4 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 July 27 to August 27 there were 8 sales this year compared to 15 last year and the median sales price fell from $675,000 in 09 to $642,500 this year. The average sales price went up however from about $740,000 to $1.25 million. There were 12 opened escrows this year with a median list price of $680,000 while last year there were 6 opened escrows with a median list price of $624,000. Right now there are 74 Home Estate/PUDs available for purchase in Carpinteria/Summerland with a median list price of $1.2 million and an average list price of $3.76 million.
For
Carpinteria Real Estate/Summerland Real Estate area for the condo market for the same period there were 3 sales this year compared to 6 last year and the median sales price declined from $471,000 to $350,000. The average sales price fell from just over $1 million to about $345,000. In 10 there were 6 opened escrows with a median list price of $415,000 while last year there were 6 opened escrows with a median list price of $425,000. Right now there are 38 condos available for purchase in Carpinteria/Summerland with a median list price of $450,000 and an average list price of $740,000.
For Goleta Real Estate North area for the Home Estate/PUD market through August 20 there are 101 properties available for purchase with an average list price of about $1.9 million. The highest priced listing is on the market for $22 million while at the other end of the spectrum is one on the market for just $295,000 giving us a median list price of about $975,000.
There are 28 properties in escrow with an average list price of $811,282. The highest priced property in escrow is listed at $2.95 million while at the other end of the spectrum is one listed for $95,000 giving us a median list price for homes in escrow of $669,000.
Through August 20 there have been 109 sales in the area with an average sales price of about $860,000. 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 $25,000.
For the condo Goleta Real Estate through August 20 there are 19 properties available for purchase with an average list price of about $445,707. The most expensive condo listed in the area is asking just under $900,000 while the least expensive property can be had for $259,000 giving us a median list price of $429,000.
Right now there are 7 condos in escrow with an average list price of about $420,000. 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 $359,014.
Through August 20 there have been 28 sales with an average sales price of about $385,000. 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 about $410,000.
For Goleta Real Estate South area for the Home Estate/PUD market through August 20 there are currently 33 properties available for purchase with an average list price of about $1.33 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 $850,000.
There are 16 homes in escrow in the area with an average list price of about $1.02 million. 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 $600,000 giving us a median list price of homes in escrow in Goleta South of $849,000.
Through August 20 there have been 64 sales with an average sales price of about $740,000. 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 August 20 of $665,000.
For the condo market in Goleta Real Estate South through August 20 there are just 9 properties available for purchase with an average list price of about $505,000. The highest priced listing is on the market for $650,000 while at the other end of the scale is one listed for about $275,000 giving us a median list price of available properties of $519,000.
Right now there are 10 condos in escrow with an average list price of about $373,190. 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 $372,900.
Through August 20 there have been 28 condo sales with an average sales price of $367,182. The most expensive condo sold for $594,500 while the least expensive condo sold for $215,000 giving us a median sold price through August 20 of $348,000.
For Hope Ranch Real Estate for Home Estate/PUDs through August 20 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 $3.295 million giving us a median list price for the area of about $719,000.
Right now there are 2 properties in escrow with an average list price of $2.7 million. The most expensive home in escrow is listed for $2.9 million while the other property is on the market for $2.5 million.
Through August 20 there have been 12 homes sold in Hope Ranch with an average sales price of about $3.4 million. The most expensive sale was for $7.35 million while the least expensive sale was for $1.02 million giving us a median sales price through August 20 of just under $2.5 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 August 20 there are currently 105 Home Estate/PUDs available for purchase with an average list price of $1.26 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 $380,000 giving us a median list price for the area of $970,000.
There are 28 properties currently in escrow with an average list price of $905,607. The most expensive property in escrow right now is listed for $1.695 million while at the other end of the scale is one listed at just $395,000 giving us a median list price of homes in escrow of $795,000.
So far in 10 there have been 116 home sales in the area with an average sales price of $967,034. The highest priced sale was for about $3.175 million while at the other end of the scale is one that sold for $265,000 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 August 20 there are 37 properties available for purchase with an average list price of about $812,649. The highest priced listing in the area is on the market for $2.75 million while the least expensive condo can be had for $369,900 giving us a median list price for the area of $594,342.
There are 11 condos currently in escrow in the area with an average list price of about $595,926. The highest priced listing currently in escrow is on the market for $1.095 million while at the other end of the scale is a property listed at about $390,000 giving us a median list price for condos in escrow of about $500,000.
Through August 20 there have been 50 condo sales on the West Side of town with an average sales price of about $520,000. The highest price sale was for $1.32 million 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 August 20 there are currently 102 Home Estate/PUDs available for purchase in the area with an average list price of $1.68 million. The highest priced listing is on the market for $9.3 million while the least expensive property is listed for $425,000 giving us a median list price of about $1.365 million.
There are currently 36 homes in escrow in the area with an average list price of about $992,521. The highest priced listing in escrow is on the market for $2.595 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 August 20 there have been 143 sales in the area with an average sales price of $1.18 million. The highest priced sale went out for $7.6 million while the least expensive property sold for just $237,775 giving us a median sales price of $950,000.
The condo market for the East Side of Santa Barbara Real Estate through August 20 there are 34 properties available for purchase with an average list price of about $789,755. The most expensive condo listed in the area is on the market for $1.69 million while the least expensive condo is listed for $349,000 giving us a median list price for the area of $670,000.
There are 11 condos in escrow right now with an average list price of about $663,000. The most expensive property currently in escrow is listed for $1,295,000 while the least expensive property is listed at just under $425,000 giving us a median list price of condos in escrow of $499,000.
This year through August 20 there have been 46 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 $207,000 giving us a median sales price for the area of $467,000.
For Santa Barbara Real Estate in the Montecito Real Estate area through August 20there are currently 154 Home Estate/PUDs for sale with an average sales price of about $5.2 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 $780,000 giving us a median list price for the area of about $3.3 million.
With all those listings we have 22 homes in escrow right now with an average list price of $3.93 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 $800,000 giving us a median list price for homes in escrow of about $2.3 million.
Through August 20 there have been 78 sales with an average sales price of about $3.8 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 24 available with an average list price of about $1.43 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 $595,000 giving us a median list price of about $1.395 million.
Right now there is 1 condo in escrow with a list price of $929,900
There have been 13 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 Estate for the Home Estate/PUD market through August 20 there are 75 properties available for sale in the area with an average sales price of $3.9 million. The highest priced listing is on the market for $29 million the least expensive property can be had for just under $300,000 giving us a median list price of $1.2 million.
In escrow currently there are 17 homes in escrow with an average list price of $1.17 million. The most expensive listing in escrow is on the market for $7.5 million while the least expensive property in escrow is listed at $459,000 giving us a median list price for properties in escrow of $650,000.
Looking at Sold properties through August 20 there have been 44 sales with an average sales price of $1.2 million. The most expensive property thats been sold went out at $1.625 million while the least expensive sale was for about $220,000 giving us a median sales price of those 44 sale of $675,000.
For the condo market in Carpinteria Real Estate/Summerland Real Estate there are currently 40 properties available with an average list price of $732,500. The highest priced listing is on the market for about $4.3 million while the lowest priced property is listed at $227,900 giving us a median list price of $445,000.
In escrow right now there are 10 properties with an average list price of about $390,000. The highest priced property in escrow is listed for $719,000 while the least expensive property in escrow is being marketed at $250,000 giving us a median list price of properties in escrow of $355,000.
Through August 20 there have been 40 sales with an average sales price of $443,500. The most expensive condo sold for $2.25 million while the least expensive condo sold for 1/10 of that at $225,000 giving us a median sold price for the area of $385,000.
For Santa Barbara Real Goleta Real Estate North area for the Home Estate/PUD through August 13 there have been 106 sales compared to 92 last year for a 15% rise while the median sales price rose from $707,500 last year to $730,000 this year for a 3% rise.
The gap between the median list price of $937,500 and the median sales price of $729,500 gives us a gap of 22% compared to last year when the median list price was $1.28 million compared to the median sales price of $707,500 gave us a 44% gap.
For the condo market in Goleta Real Estate North through August 13 there have been 28 sales in both years but this year the median sales price went up to $408,500 from $355,000 last year for a 15% rise.
The gap between the median list price of $429,000 and the median sales price of $409,000 gives us a 5% gape while last year the median list price of $439,000 and a median sold price of $355,000 gave us a 20% gap.
For Santa Barbara Real Goleta Real Estate South area for the Home Estate/PUD through August 13 there have been 64 sales compared to last year when there were 54 for a 19% rise but the median sales price of $667,500 this year is 7% below last years number of $717,500.
The gap between the median list price of $849,000 and the median sold price of $667,500 gives us a 22% and last year the median list price of $1.1 million combined with the median sold price of $717,500 for a 35% gap.
For the condo market in Goleta Real Estate South through August 13 there have been 28 sales compared to 43 last year for a 35% and the median sales price declined from $465,000 last year to $350,000 this year for a 25% drop.
The gap between the median list price of about $459,000 and the median sold price of $350,000 give us a 24% while last year the median list price of $450,000 and the median sold price of $465,000 gave us a positive gap of 3.6%.
For Santa Barbara Real Estate Hope Ranch Real Estate for the Home Estate/PUD market through August 13 there have been 12 sales compared to 10 last year for a 20% rise and the median sales price has gone up from $2.26 million last year to $2.41 million this year for a 7% rise.
The gap this year of the median list price of about $3.42 million and the median sales price of $2.41 million gives us a 30% gape and last year the median list price was $2.9 million and when combined with the median sales price of $2.26 million gave us a gap of 22%.
For Santa Barbara Real Estate area of West of State St area for the Home Estate/PUD market through August 13 there have been 112 sales compared to 94 last year for a 20% rise while the median sales price went up from $735,000 last year to $800,000 this year for a 9% rise.
The gap between the median list price of $970,000 and the median sold price of $800,000 gives us a 18% gape while last year the median list price was $1.14 million and when combined with the median sold price of $735,000 it gives us a 35% gape.
For the Santa Barbara Real Estate West Side condo market there have been 47 in 10 compared to 38 last year for a 24% rise. But the median sales price went down from $501,500 last year to $497,000 this year for a 0.9% decline.
The gap of the median list price of $539,000 and the median sold price of $497,000 gives us a 8% gape while last year the median list price was $588,000 and the median sold price of $501,500 gape us a 15% gap.
For Santa Barbara Real Estate area East of State St area for the Home Estate/PUD market through August 13 there have been 138 sales this year compared to 108 last year for a 28% rise while the median sales price has gone up from $930,000 last year to $960,000 this year for a 28% rise.
The gap between the median list price of $1.3 million median list price and the $960,000 for a 26% gap while last year the median list price was $1.255 combined with the median sales price of $930,000 gave us a 26% gap.
On the condo side of the ledger for the East Side of Santa Barbara Real Estate through August 13 there have been 45 sales compared to last year when there were 34 for a 32% rise but the median sales price has slipped from $513,500 last year to $467,000 this year for a 9% drop.
The gap for 10 with a median list price of $675,000 and a median sales price of $467,000 gives us a 31% gap while last year the median list price of $685,000 combined with a median sold price of $513,500 for a 25% gap.
For Santa Barbara Real Montecito Real Estate area for the Home Estate/PUD market the sales figures through August 13 there have been 76 sales compared to 69 last year for a 6.5% rise and the median sales price has gone up from $2.34 million last year to $2.5 million.
The difference between the median list price of $3.5 million and the median sold price of $2.5 million give us a 29% gap while last year the median list price was $3.6 million and when compared to the median sold price of $2.34 million it gives us a 35% gap.
For the condo market in Montecito Real Estate through August 13 2010 there have been 13 sales this year compared to 3 last year for a 333.3% rise and the median sales price rose from $715,000 last year to $1,050,000 this year for a 47% rise.
The gap between the median list price of $1.475 million this year and the $1,050,000 last year gives us a 29% gap while last year the median list price was $1.65 million compared to the $715,000 median sales price yields a 57% gap.
For Santa Barbara Real Carpinteria Real Estate/Summerland Real Estate area for the Home Estate/PUD through August 13 there have been 42 sales compared to 36 last year for a 27% rise but the median sales price has declined from $712,500 to $675,000 last for a 5.3% decline
The gap between the median list price of $1.2 million and the $675,000 median sales price is 44% compared to last year when the median list price was also $1.2 million but the median sales price was $712,500 for a 40% gap.
For the condo market in Carpinteria Real Estate/Summerland Real Estate through August 13 there have been 40 sales this year compared to 28 last year for 43% rise while the median sales price dropped from about $400,000 to $385,000 this year for a 3.7%.
The gap between the median list price of $450,000 and the median sales price of $385,000 is 14% while last year the median list price was about $500,000 and when compared to the median sales price of $400,000 the gape was 20%.
The Condo market for the Goleta Real EstateNorth area of Santa Barbara Real Estate the inventory through August 6 there have been 64 listings this year compared to 76 last year with the escrows declining from 37 in 09 to 34 in 10. But the numbers of sales is about equal with 26 in 09 compared to 25 in 10 and the average sales price is very close together sliding slightly from $390,000 in 09 to $383,000 in 10.
For Home Estates in the Santa Barbara Real Estate area of Goleta Real Estate North the numbers of listings through August 6 there have been 272 listings this year compared to 204 last year and the escrows are up from 93 to 113. The numbers of sales is also up from 88 to 98 and the average sales price is up from $850,000 last year to$890,000 this year.
The PUD market for the Santa Barbara Real Estate area of Goleta North the overall inventory through August there have been 25 listings this year compared to 8 last year and the escrows are way up to 14 compared to 5 last year. The sales are also more than double going from 5 to 11. Plus the average sales price rose from $532,000 last year to $686,000 this year.
The Condo market for the Goleta Real Estate South area of Santa Barbara the numbers of properties available through August there have been 45 listings this year compared to 85 last year and the numbers of escrows has fallen from 53 in 09 to 31 in 10 with the numbers of sales falling from 42 last year to 28 this year. The average sales price has also declined from $460,000 last year to $365,000 this year.
For Home Estates in the Santa Barbara Real Estate area of Goleta Real Estate South through August 6 there have been 127 listings this year compared to 133 last year. The numbers of escrows is also close rising from 59 last year to 63 this year but the sales have gone up farther from 48 last year to 64 this year. But the average sales price has dropped from $872,000 last year to $740,000 this year.
The PUD market for the Santa Barbara Real Estate area of Goleta South through August 6 there have been 9 listings this year compared to 10 last year. The escrows are non-existent this year compared to 4 last year and the sales are almost MIA with 5 last year. Those 5 has an average sales price of $863,000.
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 August 6 there have been 55 listings this year compared to 58 last year. Both years have 11 escrows but this year there have been 11 sales compared to 8 last year. The average sales price also went up from $3.3 million last year to $3.6 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 August 6 there have been 125 listings this year compared to 142 last year. There have been 55 opened escrows this year compared to 46 last year and there have been 47 sales this year compared to 36 last year. But the average sales price has declined from $592,000 last year to $527,000 this year.
For Home Estates in the Santa Barbara Real Estate area of West of State the total homes that have been on the market through August 6 there have been 305 listings compared to 275 last year but the escrows are way up from 108 last year to 137 this year. The sales are also up from 96 last year to 113 this year and the average sales price has risen from $837,000 last year to about $960,000 this year.
The PUD market for the Santa Barbara area of West of State St there have been 6 listings this year and last year but this year there have been no escrows compared to 2 last year. There was 1 sale in both years but last year it was for $990,000 and this year it was $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 August 6 there have been 109 listings compared to 136 last year. The escrows have only gone up by 3 however rising from 43 last year to 46 this year while the sales went up substantially from 34 last year to 44 this year. But, the average sales price went down from $636,732 last year to $597,080 this year.
The Home Estate market for the East of State St area of Santa Barbara Real Estate the total numbers of listings through August 8 there have been 455 listings compared to 448 last year. The escrows are way up from 145 in 09 to 167 in 10. The sold homes are also up from 120 to 147 this year with the average sales price going up from $1.09 million to $1.22 million.
For the PUD market on the East Side of Santa Barbara there have been 11 total listings this year compared to 6 last year but there were 3 escrows last year compared to 0 this year. But there has been 1 sale this year for $531,000 compared to no sales last year.
In the Montecito Real Estate area of Santa Barbara Real Estate for the Condo Market the total numbers of properties available through August 6 10 is 52 compared to 49 in 09. The escrows are way up from 3 last year to 13 this year while the sales have risen from 2 last year to 12 this year and the average sales price has gone up from $1.06 million last year to $1.23 million this year.
In the Single Family Home market for the Santa Barbara Real Estate area of Montecito Real Estate through August 6 there have been 461 listings compared to 462 last year. The escrows are up however from 87 last year to 96 this year with the sales rising from 73 last year to 83 this year with the average sales price going up from $3.16 million last year to $3.86 million this year.
For the PUD market in Montecito there have been 10 listings this year compared to 4 last year with the escrows rising from 1 last year to 4 this year. There have also been 3 sales this year with an average sales price of $1.45 million compared to none last year
The Condo market for the Carpinteria Real Estate/Summerland Real Estate area of Santa Barbara the inventory through August 6 there have been 109 listings compared to 94 last year and the escrows are up slightly from 39 to 43 but the sales are way up from 26 to 40 with the average sales price rising from about $400,000 last year to about $445,000 this year.
For Home Estates in the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate the numbers of listings through August 6 there have been 190 listings this year compared to 187 last year. The escrows are way down however falling from 52 last year to 35 this year while the sales are up by 2 rising from 36 last year to 38 this year. The average sales price has fallen however from $1.56 million last year to $1.27 million this year.
The PUD market for the Santa Barbara Real Estate area of Carpinteria/Summerland the overall inventory through August 6 there have been 2 listings this year compared o4 last year. There have been no opened escrows this year compared to 2 last year but both years showed 1 sale. Last year that sale was $591,000 and this year it was $905,000.
For the Santa Barbara Real Estate area of Goleta Real Estate North for the first seven months of 10 for the Home Estate/PUD market there have been 101 sales compared to 89 last year. The median sales price has risen from $707,000 in 09 to $735,000 in 10 with the average sales price going up from $840,000 last year to $870,000 this year. The escrows are also up from 89 last year to 112 this year but the median list price on those escrows is down from $749,000 in 09 to $725,000 in 10. Right now there are 98 Home Estate/PUDs available for purchase in Goleta North with a median list price of $900,000 and an average list price of $1.5 million.
For the Santa Barbara Real Estate area of Goleta Real Estate North for the first seven months of 10 for the condo market there have been 25 sales which is exactly how many there were last year. The median sales price is also very close together going from $380,000 in 09 to $400,000 in 10. The average sales price declined slightly however going from $395,000 in 09 to $385,000 in 10. The numbers of escrows is slightly down however falling from 33 last year to 30 this year while the median list price on those escrows is slightly up from $400,000 last year to $415,000 this year. Right now there are 17 condos available for purchase in Goleta North with a median list price of $430,000 and an average list price of $460,000.
For the Home Estate/PUD market of Santa Barbara Real Estate, Montecito Real Estate, Hope Ranch Real Estate, Carpinteria Real Estate, Summerland Real Estate and Goleta Real Estate sales rose in the month of July 2010 after declining from April to June. Going from 89 in April, 85 in May and 82 in June the numbers of sales rose to 84 for July. The median sales price slid slightly however to $871,250 from $915,000 the previous month but the average sales price rose from $1.2 million in June to about $1.5 million in July. The average days on the market that it took to get an accepted offer remained at about 75 for July which is down from earlier in the year when it was in the mid 80s.
The numbers of opened escrows for the month fell back to the low 80s where they've been for most of the year after rising to over 100 in June. But, the median list price on those escrows fell below $800,000 dropping from close to $900,000 the previous month while the average days on the market that it took to get those accepted offers continued at right around 70.
The inventory of houses listed for sale went up to around 680 for the month with approximately 165 new listings coming on the market. The median list price on those new listings was just below $1 million while the median list price of the overall inventory remained at about $1.575 million.
Looking at the first 7 months of '10 compared to '09 the numbers of sales are still dramatically ahead of where they were last year but the median sales price is starting to come back to what it was last year at this time after being ahead of last year's numbers for most of this year. The numbers of escrows for '10 have slid slightly below the '09 pace and the median list price of those is declining to right about where it was last year after being above last years median list price most of the year.
Looking at the Districts, starting out in Carpinteria/Summerland the numbers of sales are still ahead of where they were last year with 38 compared to 35 but the median sales price of $675,000 this year finally fell below where it was last year when it was about $690,000. The numbers of escrows this year are way behind where they were last year so things are currently not looking very good for Carpinteria/Summerland home sales at this time.
For Montecito, there have been 79 Home Sales so far this year up from 71 last year and the median sales price is up from $2.25 million in '09 to about $2.5 million in '10. The escrows are also up from 84 to 93 this year but the median list price on those escrows has dipped slightly from $2.8 million last year to $2.75 million this year.
On the East Side of Santa Barbara home sales are way up from about 116 last year to 141 this year with the median sales price also up from $900,000 last year to $1 million this year while the average sales price is also up from $1.06 million in '09 to $1.24 million in '10.
On the West Side of Santa Barbara sales are also up from 96 last year to 112 this year with the median sales price rising from about $750,000 last year to $800,000 this year. The average sales price is also up from $835,000 last year to $950,000 this year and the escrows are way up from 107 in '09 to 135 in '10.
After being way ahead of last year's pace all year things have gotten quiet in Hope Ranch. There have been 11 sales so far this year compared to 8 last year and the median sales price is up from $2.35 million to just under $3 million.
But, the numbers of escrows have fallen behind the '09 pace with only 1 home currently in escrow which is listed for $1.95 million.
For Goleta South the numbers of sales are still ahead of '09 with 63 this year compared to 48 last year but the median sales price has dropped from $705,000 in '09 to $665,000 in '10. The numbers of escrow are even closer with 55 in '09 compared to 62 this year but the median list price on those escrows for both years is right at $725,000.
On the North Side of Goleta sales are also up from 87 last year to 98 this year and the median sales price is up from $707,000 last year to $732,000 this year. The average sales price is also very close rising from $840,000 last year to $870,000 this year.
Up until this point the '10 numbers have been substantially ahead of the '09 numbers for sales as well as median and average sales price but that should start to change because the second half of '09 started to move forward and it looks like the second half of '10 is starting to pull back.
July marked the 3rd month in a row for declining condo sales. The numbers of
sales having fallen from 37 closings in May to 34 in June down to 22 in July. The median sales price fell from May to June but leveled out in July going from $467,000 in May to $437,000 in June and stayed at about $436,000 in July. The average days on the market for those approximately 20 sales was rather brisk however coming in at 34 and the sales price to original list price ratio went up to over 95%.
The pended properties declined for the past 3 months dropping from 35 in May to 31 in June and to about 24 in July and the median list price on those pended properties dropped from $473,000 in May to $439,000 in June but came back up in July to about $479,000.
There were about 50 new listings that came on the market for the month with a median list price of about $480,000 and the overall inventory rose to about 155 available properties with a median list price of approximately $555,000 and an average list price of about $830,000.
Looking at the Districts, Carpinteria/Summerland sales are up from 26 to 39 this year while the median sales price continues to hover right around $390,000. Montecito condo sales are still way ahead with 12 compared to 2 last year but the median sales price for both years is right around $1.06 million.
On the East Side of Santa Barbara sales are up from 34 to 44 but the median sales price has dropped from $517,000 in '09 to about $465,000 in '10. The West Side of Santa Barbara also has sales above the '09 level with 46 this year compared to 36 last year and the median sales price is very close but dropping slightly from $505,000 last year to $495,000 this year.
Goleta South sales are down from 42 to 27 this year with the median sales price dropping from $455,000 to $355,000 and there are only 6 condos available for purchase in the area and the Goleta North sales show 25 for both years while the median sales price rose a little from $380,000 last year to $400,000 this year.
With sales of both homes and condos falling for the past few months and the median sales price for homes coming back to where it was last year at this time things could be cooling off for the last half of '10. The end of the first time buyer credit has brought sales down even though we still have record low interest rates. There are definitely buyers out there but getting them to commit at this time seems to be more difficult.
Gary Woods
For the Santa Barbara Real Estate area of Goleta Real Estate South for the first 7 months of 10 for the Home Estate/PUDs market there have been 59 sales compared to 50 last year but the median sales price has dropped from $705,000 last year to $665,000 this year. The average sales price has also declined from $870,000 last year to $665,000 this year but the numbers of escrows is up by 2 rising from 54 in 09 to 56 in 10. While the median list price on those escrows remains stable at $725,000. Right now there are 44 Home Estate/PUDs available for purchase in Goleta South with a median list price of $860,000 and an average list price of $1.275 million.
For the Santa Barbara Real Estate area of Goleta Real Estate South for the first seven months of 10 for the condo market there have been 27 sales compared to 41 last year and the median sales price has dropped from $455,000 last year to $355,000 this year. The average sales price has also dipped from $440,000 in 09 to $365,000 in 10. The numbers of escrow has fallen dramatically from 50 last year to 31 this year with the median list price on those escrows dropping from $460,000 last year to $345,000 this year. Right now there are 6 condos available for purchase in Goleta South with a median list price of $490,000 and an average list price of $500,000.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first seven months of 10 for the Home Estate/PUD market there have been 11 sales compared to 9 last year. The median sales price has also gone up from $2.35 million last year to about $3 million this year with the average sales price rising from $3 million last year to $3.6 million this year. The numbers of escrows is down however from 12 to 11 with the median list price on those escrows dipping from $2.55 million last year to $1.95 million this year. Right now there are 31 Home Estate/PUDs available for purchase in Hope Ranch with a median list price of $3.4 million and an average list price of $5.4 million.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first seven months of 08 has seen no activity.
For the SSanta Barbara Real Estate area West of State St for the first seven months of 10 for the Home Estate/PUD market there have been 104 sales compared to 92 last year and the median sales price has risen from $747,000 last year to $800,000 this year. The average sales price has gone up even further rising from $835,000 last year to $950,000 this year. The numbers of escrows have also gone up from 98 in 09 to 122 in 10 with the median list price on those escrows rising from $760,000 to $820,000. Right now there are 100 Home Estate/PUDs available for purchase on the West Side of Santa Barbara with a median list price of $930,000 and an average list price of $1.25 million.
For the Santa Barbara Real Estate area West of State St for the first seven months of 10 for the condo market there have been 44 sales with a median sales price of about $495,000 compared to last year when there were 35 sales with a median sales price of $505,000. The average sales price has also dropped from $595,000 in 09 to $525,000 this year. The numbers of escrows has gone up however from 42 to 52 while the median list price on those escrows is exactly where it was last year at $499,000. Right now there are 50 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 $760,000.
For the Santa Barbara Real Estate area of East of State St for the first seven months of 10 there have been 125 sales about 25% ahead of 09 when there were 101. The median sales price has also risen from $900,000 last year to $1.025 million this year with the average sales price going up from $1.06 million last year to $1.25 million this year. The escrows are also way up from 121 last year to 146 this year with the median list price of those escrows going up from about $900,000 last year to about $980,000 this year. Right now there are 155 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 $1.7 million.
For the Santa Barbara Real Estate area of East of State St for the first seven months of 10 there have been 42 sales compared to 33 last year but the median sales price has dropped from $517,000 last year to $460,000 this year. The average sales price has also declined from $625,000 last year to $560,000 this year. The numbers of escrows however are down from 41 in 09 to 40 in 10 with t the median list price on those escrows dipping from $525,000 in 09 to about $500,000 in 10 Right now there are 36 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 $820,000.
For the Santa Barbara Real Estate area of Montecito Real Estate for the first seven months of 10 there have been 71 sales compared to 65 last year the median sales price has risen from $2.25 million to about $2.5 million. The average sales price has also gone up from $2.9 million last year to $3.9 million this year. The numbers of escrow is also up from 72 to 84 while the median list price on those escrows is about the same as it was last year falling slightly from $2.8 million last year to $2.75 million this year. Right now there are about 200 Home Estate/PUDs available for purchase in Montecito with a median list price of $3.15 million and an average list price of $5.22 million.
For the Santa Barbara Real Estate area of Montecito Real Estate for the first seven month of 10 there have been 12 sales this year compared to 2 last year but the median sales price is about the same with $1.06 million in both years. The numbers of escrows are way up from 09 when there were 3 to 12 this year with the median list price on those escrows going up from about $800,000 last year to $1.05 million this year. Right now there are 24 condos available for purchase in Montecito with a median list price of about $1.4 million and an average list price of $1.45 million.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 7 months of 10 the sales are up by about 20% to 38 compared to 31 last year but for the first time this year the median sales price has dropped below the 09 numbers to $675,000 from $689,500. The average sales price is also down from $1.43 million to $1.29 million this year and the pending sales are down from 43 last year to 34 this year with the median list price on those pended sales dropping to $625,000 in 10 from just below $700,000 in 09. Right now there are 82 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 $3.5 million.
For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate Real Estate for the first 7 months of 10 in the condominium market there 38 sales compared to 26 last year. The median sales price however is down slightly from just under $400,000 last year to $390,000 this year with the average ahead of where it was rising from $395,000 last year to about $450,000 this year. The numbers of escrow are also up from 31 to 41 with a median list price on those escrows falling from $450,000 last year to $400,000 this year. Right now there are 33 condos available for purchase in Carpinteria/Summerland with a median list price of $480,000 and an average list price of about $780,000.