July 31, 2014

Santa Barbara Real Estate for Goleta South and the Gap between Median Sales and Median List Prices for 1/1/2014 to 7/18/14

For Santa Barbara Real Goleta Real Estate South area for the Home Estate/PUD through 7/18/14 there have been 46 sales compared to 78 last year for a 41.0% drop but the median sales price went up from $694,500 last year to $768,500 for a 10.7% rise.

The median list price this year for $779,000 when compared to the median sold price of $768,500 gives us a -3.5% gap. Last year there was a $792,000 median list price and when compared to the median sold price of $694,500 gave us a -12.3% gap.

For the condo market in Goleta Real Estate South through 7/18/14 there were 40 sales this year compared to 35 last year for a 14.3% rise and the median sales price rose from $445,000 last year to $492,500 this year for a 10.7% rise.

This year the median list price of $469,000 compared to the median sold price of $492,500 gives us a positive gap of +5.0%. Last year the median list price of $359,450 and the median sold price of $445,000 gave us a positive gap of +23.8%.


Posted by gandlwoods at 07:02 AM

July 30, 2014

Hope Ranch Gap between Median Sales and Median List Prices for 11/1/2014 to 7/18/14 for Santa Barbara Real Estate

For Santa Barbara Real Estate area of Hope Ranch Real Estate area for the Home Estate/PUD market through 7/18/14 there have been 18 sales compared to 19 last year for a 5.3% drop and the median sales price went up from $1,845,875 to $2,706,250 for a 46.7% rise.

The median list price of $4,545,000 this year and the median sold price of $2,706,250 gives us a gap of -40.5% gap and last year the median list price of $3,986,000 and the median sold price of $1,845,000 gave us -53.7% gap.

For Santa Barbara Real Estate area of Hope Ranch Real Estate area for the Condo market through 7/18/14 there was no activity.

Posted by gandlwoods at 06:35 AM

July 29, 2014

West of State St Gap between Median Sales and Median List Prices for 1/1/2014 to 7/18/14 for Santa Barbara Real Estate

For Santa Barbara Real Estate area of West of State St area for the Home Estate/PUD market through 7/18/14 there have been 119 sales compared to 152 last year for a 21.7% drop and the median sales price went up from $853,000 to $913,700 for a 7.1% rise.

The median list price of $1,004,500 this year and the median sold price of $913,700 gives us a -9.0% gap and last year the median list price of $1,025,000 and the median sold price of $853,000 gave us a -16.8% gap.

For Santa Barbara Real Estate area of West of State St area for the Condo market through 7/18/14 there have been 56 sales compared to 60 last year for a 6.7% drop and the median sales price went up from $520,000 to $607,500 for a 16.8% rise.

The median list price of $729,000 this year and the median sold price of $607,500 gives us a -16.7% gap and last year the median list price of $852,500 and the median sold price of $520,000 gave us a -39.0% gap.

Posted by gandlwoods at 06:28 AM

July 28, 2014

East of State St area of Santa Barbara Real Estate Real Estate for 1/1/2014 to 7/18/14 and the Gap between Median Sales and Median List Prices

For Santa Barbara Real Estate area East of State St area for the Home Estate/PUD market through 7/18/14 there have been 149 sales compared to last year when there were 157 sales for a 5.1% drop. The median sales price has gone up however from $965,000 last year to $1,225,000 this year for a 26.9% rise.

The gap between the median list price of $1.5 million and the median sold price of $1,225,000 gives us a -18.3% gap whereas last year the median list price was also $1,380,000 and when compared to the median sold price of $965,000 we get a
-430.1% gap.

On the condo side of the ledger for the East Side of Santa Barbara Real Estate through 7/18/14 there have been 47 sales compared to 46 last year for 2.2% rise and the median sales price has gone up from $544,900 last year to $640,000 this year for a 17.5% rise.

The difference between the median list price of $839,000 and the median sold price of $640,000 gives us a -23.7% gap. Whereas last year the median list price of $840,000 and the median sold price of $544,900 gave us a -35.1% gap.


Posted by gandlwoods at 06:34 AM

July 27, 2014

Montecito Gap Report for 1/1/2014 to 7/18/14 for Santa Barbara Real Estate

For Santa Barbara Real Estate’s Montecito Real Estate area for the Home Estate/PUD market the sales figures through 7/18/14 there have been 113 sales compared to 128 last year for a 11.7% decline. The median sales price last year was $2.45 million and this year it’s is $2.795 million for an 14.1% .

The difference between this year’s median list price of $2.795 million and the median sold price of $4.495 million gives us a -37.8% gap and last year the median list price of $4.195 million and the $2.45 million sales price gives us a -41.6% gap.

For the condo market in Montecito Real Estate through 7/18/14 there have been 8 sales compared to 16 last year for a 50.0% decline. The median sales price this year of $990,000 compared to last year when it was $1,357,500 gives us a 37.1% rise.

The gap report has a median list price this year of $1,595,000 and the $1,357,500 median sales price gives us a -14.9% gap and last year there was an $1,795,000 median list price compared to an $990,000 median sales price gave us a gap of -44.8%.

Posted by gandlwoods at 07:31 AM

July 26, 2014

Santa Barbara Real Estate for Carpinteria/Summerland and the Gap between Median Sales and Median List Prices for 1/1/2014 to 7/18/14

For Santa Barbara Real Carpinteria Real Estate/Summerland Real Estate area for the Home Estate/PUD through 7/18/14 there have been 33 sales compared to 53 last year for a 37.7% drop and the median sales price has gone up from $825,000 to $1,000,000 for a 21.1% rise.

The gap between the median list price of about $1,927,000 and the median sales price of $1,000,000 is -48.1% whereas last year the median list price of $1,449,000 and the median sales price of $825,000 gave us a -43.1% gap.

For the condo market in Carpinteria Real Estate/Summerland Real Estate through 7/18/14 there have been 25 sales compared to 49 last year for a 49.0% drop while the median sales price went up from $445,000 last year to $505,000 this year for a +13.5% rise.

The gap between the median list price this year of $549,000 and the median sales price of $505,000 gives us a gap of -8.0% difference where as last year the median list price was $657,000 and the median sales price was $445,000 for a -32.3% gap.

Posted by gandlwoods at 06:39 AM

July 25, 2014

Goleta North from 1/1/14 to 7/11/14 compared to ’13 for the same period for Santa Barbara Real Estate area

The Condo market for the Goleta Real Estate North area of Santa Barbara the numbers of properties available through 7/11/14 there have been 58 listings compared to 40 last year for a 45% rise. The numbers of escrows is up from 30 to 43 for a 43% rise and the sales are up from 34 to 37 for n 8% rise. The average sales price is up from $421,200 to $453,466 for a 7% rise.

For Home Estates in the Santa Barbara area of Goleta Real Estate North through 7/11/14 there have been 158 listings compared to 171 last year for a 7% drop. The numbers of escrows are down from 125 to 100 for a 20% decline with the numbers of sales down from 122 to 85 for a 30% fall. The average sales price is up from $964,775 to $1,060,828 for a 9% rise.

The PUD market for the Santa Barbara Real Estate area of Goleta North through 7/11/14 there have been 11 listings this year compared to 16 last year and escrows are down from 12 to 10. The sales are even with 11 this year from 11 last year and this year the average sales price is down from $701,364 last year compared to $692,727 this year for an 1% fall.

Posted by gandlwoods at 08:32 AM

July 24, 2014

Goleta South from 1/1/14 to 7/11/14 compared to ’13 for the same period for Santa Barbara area

The Condo market for the Goleta Real Estate South area of Santa Barbara the numbers of properties available through 7/11/14 there have been 64 listings compared to 43 last year for a 48% rise. The escrows are up from 41 to 46 for a 12% rise while the sales are even from 37 to 37 for a 0% change. The average sales price is up from $457,254 to $513,822 for a 12% rise.

For Home Estates in the Santa been Barbara Real Estate area of Goleta Real Estate South through 7/11/14 there have 70 listings down from 83 for a 15% decline. The numbers of escrows are down from 60 to 47 for a 21% fall while the sales are down with 66 this year compared to 43 last year for a 34% fall. The average sales price is up from $799,738 to $828,909 for a 3% rise.

Through 7/11/14 for the PUD market there have 4 listings this year compared to 15 last year. Last year there were 15 escrows compared to 1 this year and the sales are down from 10 last year to 1 this year. Those sales last year had an average sales price of $1,251,851 and the sales this year had an average sales price of $2.4 million for a 91% change.

Posted by gandlwoods at 06:39 AM

July 23, 2014

Hope Ranch from 1/1/14 to 7/11/14 compared to ’13 for the same period for

The Condo market for the Hope Ranch Real Estate area of Santa Barbara saw no activity.

For Home Estates in the Santa Barbara area of Hope Ranch Real Estate through 7/11/14 there have been 62 listings compared to 52 last year for a 19% rise. The escrows are up from 19 to 22 for a 15% rise but the sales are down from 21 to 17 for a 19% drop while the average sales price is up from $2.543 million last year to $3.334 million this year for a 31% rise.

The PUD market for the Hope Ranch area of Santa Barbara real estate saw no activity.

Posted by gandlwoods at 06:47 AM

July 22, 2014

West of State St from 1/1/14 to 7/11/14 compared to ’13 for the Santa Barbara area

The Condo market for the West of State St area Santa Barbara Real Estate the total numbers of listings through 7/11/14 is 124 up from 95 last year for an 30% rise. The numbers of escrows are up from 60 to 66 for a 10% rise and the sales are down from 59 to 57 for a 3% decline. The average sales price is up from $604,917 to $796,020 for a 31% rise.

For Home Estates in the Santa Barbara Real Estate area of West of State the total homes that have been on the market through 7/11/14 there have been 190 listings compared to 235 last year for a 19% drop. The numbers of escrows are down going from 156 to 123 for a 21% fall and the numbers of sales has gone down from 145 to 121 for a 16% fall. The average sales price is up from $932,203 last year to $1,066,612 for a 14% rise.

The PUD market for the Santa Barbara area of West of State St there have been 4 listings this year compared to 2 last year and there were 3 escrows this year compared to 2 last year and 3 sales last year compared to 3 sales this year. Those sales last year had an average sales price of $724,967 while the sales this year had an average sales price of $863,333.

Posted by gandlwoods at 06:31 AM

July 21, 2014

East of State St from 1/1/14 to 7/11/14 to ’13 for the Santa Barbara area

For Condos in the Santa Barbara Real Estate area of East of State the total numbers of properties for sale this year through 7/11/14 is 146 up from 90 last year for a 62% rise. The numbers of escrows are up from 51 to 60 for a 17% rise and the numbers of sales are up from 48 to 52 for an 8% rise. The average sales price on those sales last year was $620,400 while the sales this year had an average sales price of $852,294 for a +48% rise.

The Home Estate market for the East of State St area of Santa Barbara Real Estate the total numbers of listings through 7/11/14 there have been 302 down from 336 for a 10% decline. The escrows are down with 165 last year to 189 this year for a 12% drop and the sales are down from 175 to 157 for a 10% decline. The average sales price has gone up from $1,155,535 to $1,411,225 for a 22% rise.

For the PUD market on the East Side of Santa Barbara there have been 5 listing this year compared to 7 last year for a 28% decline and the escrows have gone from 2 to 5 for a 150% change while the sales went from 2 to 3 again for a 50% change. The average sales price last year for that sale was $567,250 while this year the averages price was $1,140,525 for a 101% rise.


Posted by gandlwoods at 06:52 AM

July 20, 2014

Montecito from Jan. 1 through July 11 comparing ’14 to ’13 for the Santa Barbara area

In the Montecito Real Estate area of Santa Barbara for the Condo Market the total numbers of properties available through July 11 is 21 compared to 43 last year for a 51% decline and the escrows are down with 18 last year compared to 9 this year for a 50% fall. There were 18 sales last year compared to 8 this year for a 55% drop and the average sales price has gone up from $1,194,722 to $1,792,438 for a 50% rise.

For Home Estates for Montecito Real Estate through July 11 there have been 328 listings compared to 385 last year for an 14% drop and the escrows are down from 144 to 118 for an 18% decline while the sales are down from 131 to 110 for a 16% fall. The average sales price is up from $3.156 million to $3.575 million for a 13% rise.

For the PUD market in Montecito there has been 3 listings this year compared to 1 last year and there has been 2 escrows compared to 0 last year. There have also been 2 sales this year compared to 0 last year and those 2 sales had an average sales price of $1,574,500.

Posted by gandlwoods at 07:27 AM

July 19, 2014

Carpinteria/Summerland from 1/1/14 to 7/11/14 compared to ’13 for the same period for the Santa Barbara area

The Condo market for the Carpinteria/Summerland area of Santa Barbara the inventory through 7/11/14 there have been 48 listings this year compared to 62 last year for a 22% drop and escrows are down with 50 in ’13 and 23 in ’14 for a 54% fall. Sales are down from 47 to 24 for a 48% decline while the average sales price is up from $464,176 to $558,254 for a 20% rise.

For Home Estates in the Santa Barbara area of Carpinteria/Summerland the numbers of listings through 7/11/14 have been 109 compared to last year when there were 134 for an 18% decline. The numbers of escrows are down from 46 last year to 51 for a 31% fall this year and the numbers of sales are down from 51 to 35 for a 31% fall and the average sales price is up from $1,383,433 last year to $2,615,435 this year for an 89% rise.

The PUD market for the Santa Barbara area of Carpinteria/Summerland the overall inventory through 7/11/14 there have been 4 listings compared to 4 last year. The escrows are down from 2 to 1 and sales are down from 3 to 2. Last year that average sales price was $546,333 and this year the average sales price is $662,500.

Posted by gandlwoods at 06:40 AM

July 18, 2014

Goleta North from 1/1/2014 to 7/4/14 Price Range Statistics for Santa Barbara Real Estate

For Goleta Real Estate North area for the Home Estate/PUD market through 7/4/14 there are currently 37 properties available for purchase with an average list price of about $1.628 million. The highest price property is listed at $4.495 million while the least expensive home can be had for $175,000 giving us a median list price for the area of $1,299,000.

There are 21 homes in escrow in the area with an average list price of about $1,010,142. The most expensive home in escrow is listed at $1,850,000 while the least expensive property in escrow is on the market for about $620,000 giving us a median list price of homes in escrow in Goleta South of $949,000.

Through 7/4/14 there have been 88 sales with an average sales price of about $992,913. The highest priced listing sold for $2,700,000 while at the other end of the scale is a property selling for $405,000 giving us a median sales price through 2/15/14 of $844,000.

For the condo market in Goleta Real Estate North through 7/4/14 there are just 12 properties available for purchase with an average list price of about $477,182. The highest priced listing is on the market for $795,000 while at the other end of the scale is one listed for about $345,000 giving us a median list price of available properties of $445,000.

In escrow right now there are 9 condos with an average list price of $511,588. The highest priced property currently in escrow is listed for $998,700 and the least expensive property in escrow is listed at $123,100 which gives us a median list price of properties currently in escrow of $489,500.

Through 7/4/14 there have been 34 condo sales with an average sales price of $444,742. The highest priced condo sold for $625,000 while the least expensive sale was for $237,500 which gives a median sold price for the area of $430,000.

Posted by gandlwoods at 06:32 AM

July 17, 2014

Goleta South from 1/1/2014 to 7/4/14 Price Range Statistics for Santa Barbara Real Estate

For Goleta Real Estate South area for the Home Estate/PUD market through 7/4/14 there are currently 13 properties available for purchase with an average list price of about $1,002,653. The highest price property is listed at $2,295,000 while the least expensive home can be had for $499,000 giving us a median list price for the area of $750,000.

There are 10 homes in escrow in the area with an average list price of $1,022,070. The most expensive home in escrow is listed at $1,735,000 while the least expensive property in escrow is on the market for $690,000 giving us a median list price of homes in escrow in Goleta South of $799,000.

Through 7/4/14 there have been 41 sales with an average sales price of $874,758. The highest priced sale was for $2,400,000. The least expensive sale was for $750,000 giving us a median sales price for the area of $593,250

For the condo market in Goleta Real Estate South through 7/4/14 there are 18 properties available for purchase with an average list price of about $554,238. The highest priced listing is on the market for $1,125,000 while at the other end of the scale is one listed for about $280,000 giving us a median list price of available properties of $459,000.

In escrow right now there are 15 condos with an average list price of $553,456. The highest priced property currently in escrow is listed for $925,000 and the least expensive property in escrow is listed at $317,000 which gives us a median list price of properties currently in escrow of $520,000.

Through 7/4/14 there have been 37 condo sales with an average sales price of $513,822. The highest priced condo sold for $1,023,327 while the least expensive sale was for $270,000 which gives a median sold price for the area of $485,000.

Posted by gandlwoods at 07:10 AM

July 16, 2014

Hope Ranch from 1/1/2014 to 7/4/14 Price Range Statistics for Santa Barbara Real Estate

For Hope Ranch Real Estate for Home Estate/PUDs through 7/4/14 there are 25 properties available in the area with an average list price of about $6.432 million. The most expensive listing is on the market for $19.85 million while at the other end of the scale is one listed at $1.695 million giving us a median list price for the area of about $4.595 million.

In escrow right now, there are 5 properties with an average list price of $2,405,000 with the highest priced property listed at $3,495,000 and the least expensive home listed at $1,890,000 giving us a median list price of homes in escrow of $2,250,000.

Through 7/4/14 there have been 15 home sales with an average sales price of $3,461,933. The highest priced home sold for $7,000,000 while the least expensive sale was for $890,000 which gives a median sold price for the area of $3,250,000.

For Santa Barbara Real Estate for Hope Ranch Real Estate the Price Range Statistics for Condominiums was no activity.

Posted by gandlwoods at 07:01 AM

July 15, 2014

West of State St from 1/1/2014 to 7/4/14 for Santa Barbara Real Estate Price Range Statistics

For the West of State St area of Santa Barbara Real Estate through 7/4/14 there are currently 32 Home Estate/PUDs available for purchase in the area with an average list price of $1.19 million. The highest priced listing is on the market for $4.1 million while the least expensive property is listed for $629,000 giving us a median list price of about $875,000.

There are currently 20 homes in escrow in the area with an average list price of about $1,454,800. The highest priced listing in escrow is on the market for $7.995 million while the least expensive property is listed at just $570,000 giving us a median list price for homes in escrow of $879,000.

Through 7/4/14 there have been 112 sales in the area with an average sales price of $1,063,794. The highest priced sale went out for $5.11 million while the least expensive property sold for just $500,000 giving us a median sales price of $910,000.

The condo market for the West Side of Santa Barbara Real Estate through 7/4/14 there are 37 properties available for purchase with an average list price of $850,577. The most expensive condo listed in the area is on the market for $2.5 million while the least expensive condo is listed for $435,000 giving us a median list price for the area of $699,000.

In escrow right now there are 11 condos with an average list price of $1,152,818. The highest priced property currently in escrow is listed for $2,600,000 and the least expensive property in escrow is listed at $469,000 which gives us a median list price of properties currently in escrow of $895,000.

Through 7/4/14 there have been 55 condo sales with an average sales price of $762,939. The highest priced condo sold for $2,400,000 while the least expensive sale was for $184,400 which gives a median sold price for the area of $610,000.

Posted by gandlwoods at 06:30 AM

July 14, 2014

East of State St from 1/1/2014 to 7/4/14 for Santa Barbara Real Estate Price Range Statistics

For the East of State St area of Santa Barbara Real Estate through 7/4/14 there are currently 78 Home Estate/PUDs available for purchase in the area with an average list price of $2,206,056. The highest priced listing is on the market for $25 million while the least expensive property is listed for $565,000 giving us a median list price of about $1,595,000.

There are currently 30 homes in escrow in the area with an average list price of about $1,591,786. The highest priced listing in escrow is on the market for $6.995 million while the least expensive property is listed at just $299,900 giving us a median list price for homes in escrow of $1,199,000.

Through 2/15/14 there have been 140 sales in the area with an average sales price of $1,408,569. The highest priced sale went out for $6.778 million while the least expensive property sold for just $466,500 giving us a median sales price of $1,230,000.

The condo market for the East Side of Santa Barbara Real Estate through 7/4/14 there are 40 properties available for purchase with an average list price of $1,054,922. The most expensive condo listed in the area is on the market for $2,800,000 while the least expensive condo is listed for $450,000 giving us a median list price for the area of $795,000.

In escrow right now there are 10 condos with an average list price of $654,150. The highest priced property currently in escrow is listed for $995,000 and the least expensive property in escrow is listed at $449,000 which gives us a median list price of properties currently in escrow of $565,000.

Through 7/4/14 there have been 44 condo sales with an average sales price of $798,040. The highest priced condo sold for $1,850,000 while the least expensive sale was for $215,000 which gives a median sold price for the area of $625,000.

Posted by gandlwoods at 06:59 AM

July 13, 2014

Montecito from 1/1/2014 to 7/4/14 for Price Range Statistics of Santa Barbara Real Estate

For Santa Barbara Real Estate in the Montecito Real Estate area through 7/4/14 there are currently 115 Home Estate/PUDs for sale with an average list price of about $6.865 million. The most expensive listing is on the market for $49 million while at the other end of the scale you can get a home in Montecito for just $863,900 giving us a median list price for the area of $4.475 million.

With all those listings we have 25 homes in escrow right now with an average list price of $5.067 million. The highest priced property in escrow is listed for $24 million while the other end shows us a property in escrow listed for just $1,020,000 giving us a median list price for homes in escrow of about $3.1 million.

Through 7/4/14 there have been 98 sales with an average sales price of about $3.454 million. The highest priced sale through that time sold for $19.87 million while the least expensive home sold for just $491,000 giving us a median sales price for the area of about $2.7 million.

For the Condo market in Montecito Real Estate there are currently 9 available with an average list price of about $1.833 million. The most expensive condo in Montecito right now can be had for $4.75 million while the least expensive condo is listed for $799,000 giving us a median list price of about $1,569,000.

In escrow right now there are 0 condos with an average list price of $0. The highest priced property currently in escrow is listed for $0 and the least expensive property in escrow is listed at $0 which gives us a median list price of properties currently in escrow of $0.

Through 7/4/14 there have been 8 condo sales with an average sales price of $1,792,437. The highest priced condo sold for $4,750,000 while the least expensive sale was for $790,000 which gives a median sold price for the area of $1,150,000.

Posted by gandlwoods at 07:27 AM

July 12, 2014

Carpinteria/Summerland of Santa Barbara Real Estate for 1/1/2014 to 7/4/14

For Santa Barbara Real Estate in Carpinteria Real Estate/Summerland Real Estate for the Home Estate/PUD market through 7/4/14 there are 40 properties available for sale in the area with an average list price of $3.768 million. The highest priced listing is on the market for $17.95 million the least expensive property can be had for $511,200 giving us a median list price of about $1.799 million.

In escrow currently there are 9 properties with an average list price of $3,607,055. The highest priced property in escrow is listed at 21,500,000 and the lowest priced property in escrows is listed for $849,000. When you put it all together you get a $1,495,000 median list price for homes in escrow

Looking at Sold properties through 7/4/14 there have been 32 sales with an average sales price of $2,488,694. The highest priced sale was for $12 million and the least expensive sale was for $625,000 which gives us a median sold price for the area of $950,000.

For the condo market in Carpinteria Real Estate/Summerland Real Estate there are currently 18 properties available with an average list price of $592,888. The highest priced listing is on the market for $795,000 while the lowest priced property is listed at $495,000 giving us a median list price of $549,000.

In escrow right now there are 3 condos in escrow with an average list price of $577,333. The highest priced property currently in escrow is listed for $685,000 and the least expensive property in escrow is listed at $499,000 which gives us a median list price of properties currently in escrow of $548,000.

Through 7/4/14 there have been 23 condo sales with an average sales price of $552,804. The highest priced condo sold for $945,000 while the least expensive sale was for $236,500 which gives a median sold price for the area of $505,000.

Posted by gandlwoods at 07:10 AM

July 11, 2014

Goleta North for the first 6 Months of ’14 for Santa Barbara Real Estate

For the Santa Barbara Real Estate area of Goleta Real Estate North for the first 6 months of ’14 there have been 86 sales compared to 119 in '13. The median sales price has gone from $765,000 last year to about $847,500 this year. The average sales price has also gone up from $935,093 last year to approximately $1,002,283 this year. The numbers of escrow is down from 116 last year to 102 this year with the median list price on those escrows rising from $775,000 last year to $846,500 this year. Right now there are 38 Home Estate/PUDs available for purchase in Goleta North with a median list price of about $1,299,000 and an average list price of $1,609,340.

For the Santa Barbara Real Estate area of Goleta Real Estate North for the first six months of ’14 there have been 33 sales up from 30 last year. The median sales price rose from $389,000 in '13 to $430,000 in '14. The average sales price is also up from about $406,693 last year to approximately $443.068 this year. The numbers for escrows have risen from 29 to 36 and the median list price on those escrows has gone up from $425,000 to $452,000. Right now there are 13 condos available for purchase with a median list price of $449,900 and an average list price of just about $470,706.

Posted by gandlwoods at 06:59 AM

July 10, 2014

Goleta South for the first 6 Months of ’14 for Santa Barbara Real Estate

For the Santa Barbara Real Estate area of Goleta Real Estate South for the first 6 months of ’14 there have been 41 sales compared to 69 in '13. The median sales price has gone up from $699,000 last year to about $750,000 this year. The average sales price has also gone up from $852,002 last year to approximately $874,758 this year. The numbers of escrow is down from 72 last year to 43 this year with the median list price on those escrows rising from $698,500 last year to $769,000 this year. Right now there are 13 Home Estate/PUDs available for purchase in Goleta South with a median list price of about $721,000 and an average list price of $965,500.

For the Santa Barbara Real Estate area of Goleta Real Estate South for the first six months of ’14 there have been 33 sales compared to 32 last year. The median sales price rose from $446,250 in '13 to $485,000 in '14. The average sales price is also up from $457,637 last year to approximately $520,679 this year. The numbers for escrows have risen from 38 to 40 but the median list price on those escrows has gone up from $444,500 to $522,000. Right now there are 15 condos available for purchase with a median list price of $459,000 and an average list price of just about $569,693.

Posted by gandlwoods at 05:47 AM

July 09, 2014

Santa Barbara Real Estate through the end of June ‘14 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and Summerland

This is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope Ranch, downtown Santa Barbara and Goleta through the month of June 2014. For the Home Estate/PUD market sales fell for the month coming in with about 105 closings down from the 113 we saw in May. The Median Sales Price went from $1,175,000 in May to about $1,185,000 in June with the days on the market for sold properties staying steady at around 45 from the 48 we saw in the previous month. The opened escrows went up a little however from 100 in May to about 110 in June while the median list price on those escrows also went up a little to about $1,280,000 from $the 1,222,500 in May. There were about 135 new listings that came on the market in June with a median list price of approximately $1,180,000 and an average list price of about $2.156 million with the overall inventory didn’t move from 319 units for sale in May to 319 in June.

Year over year sales are down about 20% with the median sales price up to roughly $1,100,000 for a 22% rise. The average sales price is also up going from just over $1.4 million in 2013 to approximately $1.7 million in 2014 while the numbers of escrows are down about 20% but the median list price on those escrows is up over 20%

Looking at the Districts, Carpinteria/Summerland sales are down from 50 to 35 but the median sales price is up from $825,000 to $975,000. The numbers of escrows are also down from 60 to 44 with the median list price on those escrows rising from $857,262 last year to $1,102,500 this year.

For Montecito, sales are down going from 123 to 101 with the median sales price rising from $2,585,000 to $2.675 million. Escrows are also down going from 140 to 111 but the median list price on those escrows is up from $2.495 million to $2.95 million.

East of State St sales are down going from 166 in ’13 to 151 in ‘14 but the median sales price is up from $967,500 to $1,230,000. The escrows are also down going from 181 to 158 with the median list price on those escrows rising from $984,000 last year to $1,250,000 this year.

West of State St sales are down from 138 to 113 but the median sales price is up from $825,000 to $913,700. The numbers of escrows are also down with 153 in ’13 compared to 115 in ‘14 but the median list price on those escrows is up from $879,000 last year to $895,000 this year.

Hope Ranch sales are down from 19 to 15 but the median sales price is up from about $2 million to $3.25 million. The numbers of escrows are up however with 18 last year compared to 19 this year and the median list price on those escrows is up from $2.027 million in ’13 to $2.875 million in ‘14.

Goleta South sales are down with 61 last year and 42 this year but the median sales price is up from $699,000 to $750,000. The numbers of escrows are also down from 58 to 44 with the median list price on those escrows rising from $698,500 to $769,000.

Goleta North sales are down with 113 in ’13 and 78 in ’14 with the median sales price rising from $765,000 to $847,500. The numbers of escrows are also down from 112 to 96 with the median list price on those escrows going from $775,000 to $846,500.


For the Condo segment of the market sales fell to about 35 in June down from 44 in May. The median sales price also went down from about $550,000 to roughly $490,000 but the numbers of escrows went up from 36 to just fewer than 40 with the median list price on those escrows rising just a little from $536,100 to about $540,000.

There were about 55 new condo listings that came on the market for the month with a median list price of about $600,000 and an average list price of approximately $715,000. And, just like with the Home Estate/PUD market the overall inventory rose slightly from 111 in May to 118 in June.

Looking at the Districts, Carpinteria/Summerland sales are down from 45 to 22 with the median sales price rising from $445,000 to $502,000. The numbers of escrows are also down from 46 last year to 22 this year but the median list price on those escrows is up from $446,500 to $499,000.

Montecito condo sales are down with 15 in ’13 and 8 in ‘14 with the median sales price up from $985,000 to $1,357,500. The numbers of escrows also fell with 17 in ’13 and 9 in ‘14 but the median list price on those escrows is up from $985,000 in ’13 to $1,199,000 in ‘14.

East of State St sales are up from 47 to 50 with the median sales price rising from $541,000 to $625,000. The numbers of escrows are also up going from 49 to 54 with the median list price on those escrows rising from $575,000 last year to $630,000 this year.

West of State St sales are down from 57 to 56 with the median sales price rising from $510,875 to $607,500. The escrows went up from 55 to 60 with the median list price on those escrows going up from $527,000 to $627,000.

Goleta South sales are down from 34 to 33 with the median sales price up from $446,250 to $485,000. The numbers of escrows are up with 39 in ’13 and 42 in ‘14 with the median list price on those escrows up from $444,500 last year to $519,000 this year.

Goleta North sales are up from 31 to 35 with the median sales price up from $389,000 to $430,000. The escrows are up from 29 to 38 with the median list price on those escrows going up from $425,000 to $449,000.

Through the end of June sales are down for both single-family dwellings and condos and prices for both segments of the market are up. For June about 17.4% of the homes sold for over the asking price and the percentage over the original list price was 3.6%. For condos about 17.6% of the sales closed for over the asking price and the percentage over the original list price was 1.7%. With escrows and sales down for both segments of the market the recovery could start to stall. But, with the numbers of listings for condos and single-family residents rising there could still be increased activity and vitality as we move into the third quarter.

Gary Woods

Posted by gandlwoods at 07:03 AM

July 08, 2014

Hope Ranch for the first 6 Months of ’13 for Santa Barbara Real Estate

For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 6 months of '14 there have been 14 Home Estate/PUD sales with a median sales price of $3.475 million compared to last year when there were 16 sales with a median sales price of about $2 million. The average sales price has also gone up from $2.664 million in '13 to $3.577 million in '14. The numbers of escrow are up from 16 last year to 20 this year and the median list price on those escrows rose from $2,027,500 in '13 to $2.875 million in '14. Currently there are 27 Home Estate/PUDs available for purchase in Hope Ranch with a median list price of about $4.595 million and average list price of approximately $6.352 million

For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first six months of ’14 in the Condo market there was and was been no activity.


Posted by gandlwoods at 06:14 AM

July 07, 2014

West of State St for the first 6 Months of ’14 for Santa Barbara Real Estate

For the West of State St area of Santa Barbara Real Estate for the first 6 months there have been 109 sales this year compared to 137 last year. The median sales price has gone up from $825,000 in '13 to $913,700 this year with the average sales price also rising from $926,520 last year to $1,070,330 this year. The numbers of escrows are down from 148 in '13 to 105 in '14 but the median list price on those escrows has gone up from $879,000 last year to $895,000 this year. Right now on the West Side of Santa Barbara there are 36 Home Estate/PUDs available for purchase with a median list price of $887,000 and an average list price of approximately $1.377 million.

For the West of State are of Santa Barbara Real Estate for the first six months in the condo market there have been 54 sales compared to 56 in '13 and the median sales price has risen from $510,875 last year to $607,500 this year. The average sales price is also up going from $597,662 last year to $741,419 this year. The numbers of escrows is up from 54 last year with a median list price of about $527,000 compared to this year when there have been 57 opened escrows with a median list price of about $625,000. Right now there are about 40 Condos available for purchase on the West Side of Santa Barbara with a median list price of $717,000 and average list price of about $870,196.

Posted by gandlwoods at 06:43 AM

July 06, 2014

East of State St for the first 6 Months of ’14 for Santa Barbara Real Estate

For the East of State St area of Santa Barbara Real Estate for the first 6 months for Home Estate/PUDs there have been 136 sales this year compared to 146 last year but the median sales price has risen from $967,500 in '13 to $1,230,000 in '14. The numbers of escrows is down from 162 last year to 141 this year with the median list price on those escrows going up from $984,000 to $1,250,000. Right now there are 81 Home Estate/PUDs available for purchase on the East Side of Santa Barbara with a median list price of about $1.595 million and average list price of about $2.203 million.

For Condos on the East of State St area of Santa Barbara Real Estatefor the first six months there have been 38 sales this year compared to 44 last year and the median sales price has risen from $541,000 in '13 to $667,000 this year. The average has also risen from $599,311 last year to $848,184 this year. The numbers of escrows are down from 44 in ’13 to 41 in ’14 with the median list price going up from $575,000 last year to $639,000 this year. Right now there are 38 condos available for purchase on the East Side of Santa Barbara with a median list price of $796,500 and an average list price of about $1,065,342


Posted by gandlwoods at 06:32 AM

July 05, 2014

Santa Barbara area Real Estate for Montecito Real Estate for the first 6 Months of ’14

For the Santa Barbara Real Estate area of Montecito Real Estate for the first 6 months of ’14 there have been 94 Home Estate/PUD sales compared to 113 last year and the median sales price has risen from about $2.585 million to approximately $2.67 million this year. The average sales price is up from $3.2 million last year to about $3.4 million this year. The numbers of escrows are down from 129 in '13 to 104 in '14 with the median list price on those escrows rising from about $2.495 million to $2.95 million. Right now there are 114 Home Estate/PUDs available for purchase in Montecito with a median list price of $4.395 million and an average list price of about $6.989 million.

For the Santa Barbara Real Estate area of Montecito Real Estate for the first six months there have been 8 sales compared to 13 last year. The median sales price this year is $1,375,500 with the average price just under $1.8 million. Last year those 13 sales had a $985,000 median sales price and a $1,156,153 average sales price. The numbers of escrows is also down from 15 last year to 8 this year with the median list price on the 15 escrows at $985,000 and for the 8 escrows this year the median list price at $1,362,000. Right now there are 9 condos available for purchase in Montecito with a median list price of $1,569,000 and an average list price just slightly higher at $1.833 million.

Posted by gandlwoods at 06:53 AM

July 04, 2014

Santa Barbara area Real Estate for Carpinteria/Summerland Real Estate for the first 6 Months of ’14

For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for the first 6 months of ’14 there have been 30 Home Estate/PUD sales this year compared to 51 last year and the median sales price has gone up from $825,000 last year to $975,000 this year. The numbers of pending listings is down going from 58 last year to 38 opened escrows this year and the median list price on those pended listings has gone up from $857,262 in '13 to $1,102,500 in '14. Currently there are 39 Home Estate/PUDs available for purchase in Carpinteria/Summerland with a median list price of about $1.998 million and average list price of about $3.867 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 below the '13 pace falling from 45 last year to 22 this year. But the median sales price is up rising from $445,000 in '13 to $502,000 in '14. The numbers of escrow are down from 46 last year to 22 this year but the median list price on those escrows is up from $446,500 to $499,000 this year. Right now there are 19 condos available for purchase in Carpinteria/Summerland with a median list price of $549,000 and an average list price of about $595,842.

Posted by gandlwoods at 07:14 AM

July 03, 2014

Santa Barbara Real Estate area of Goleta North for the Last 30 Days from May 20 to June 20 ‘14

For Goleta Real Estate North in the Santa Barbara Real estate area for Home Estate/PUDs market for the period of May 20 to June 20 ‘14 there were 18 sales this year with a median sales price of $915,000 and an average sales price of $939,472. Last year there were 20 sales with a median sales price $812,500 and an average sales price of $1,042,930. There were 21 escrows opened this year with a median list price of $835,000 and last year there were 25 escrows opened with a median list price of $775,000. Right now there are 35 Home Estate/PUDs available for purchase in Goleta North with a median list price of $1,295,000 and an average list price of $1,621,441.

For the condo market in Goleta Real Estate North for the same period there were 7 sales this year with a $427,000 median sales price & an average sales price of $439,250 compared to 4 sales last year with a $496,250 median sales price and a $502,625 average sales price. This year there were 7 opened escrows with a $449,900 median list price and last year there were 7 escrows opened with a median list price of $425,000. Right now there are 13 condos available for purchase in Goleta North with a median list price of about $449,900 and an average list price of $470,706.

Posted by gandlwoods at 06:40 AM

July 02, 2014

Goleta South for May 20 to June 20 ‘14 for the Santa Barbara Real Estate area

In the Santa Barbara Real Estate are of Goleta Real Estate South for the Home Estate/PUD market from May 20 to June 20 ‘14 there were 12 sales this year with a median sold price of $762,000 and an average sales price of $1,057,625. Last year there were 10 sales with a median sales price of $757,500 and an average sales price of $842,400. This year there were 12 escrows opened with a median list price of $774,500 and last year there were 12 escrows opened with a median list price of $686,150. Right now there are 10 Home Estate/PUDs available for purchase in Goleta South with a median list price of $735,500 and an average list price of $996,900.

For the condo market in Goleta Real Estate South for the same period there were 6 sales this year with a median sales price of $593,500 and an average sales price of $578,750. Last year there were 9 sales with a median sales price of $447,500 and average sales price of $485,444. This year 7 escrows were opened with a median list price of $519,000 and last year there were 13 escrows opened with a median list price of $449,500. Right now there are 14 condos available for purchase with a median list price of $474,250 and an average list price of $610,028.

Posted by gandlwoods at 07:11 AM

July 01, 2014

Hope Ranch from May 20 to June 20 ‘14 for the Santa Barbara Real Estate area

For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the period of May 20 to June 20 ‘14 here were 3 sales compared to 3 last year. Those 3 last year had a median sales price of $2.9 million and an average sales price of $2.596 and the 2 sales this year had a median sales price of $2,450,000 and an average sales price of $2.71 million. There were 4 escrows opened this year with a median list price of $2.195 million and last year there were 3 opened escrows with a $2,495,000 median list price. Right now there are 26 Home Estate/PUDs available for purchase in Hope Ranch with a median list price of $4.595 million and an average list price of about $6.386 million.

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

Posted by gandlwoods at 06:00 AM