Gary Woods's blog

For the Santa Barbara Real Estate area of Montecito Real Estate for the first 5 months of ’15 for Home Estate/PUD sales are down to 72 from 73 in ’14. The median sales price is up from $2.465 million to $3.047 million with the average sales price rising from about $3.375 million to $4.156 million. The numbers of escrows are also down from 87 in ’14 with a median list price of about $2.95 million to 79 escrows with the median list price rising to about $3.175 million.

For the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate for Home Estate/PUDS for the first 5 months there have been 42 sales this year compared to 27 last year and the median sales price has risen from $860,000 in ’14 to $895,000 in ‘15. The average sales price has also risen from $1,962,156 in ’14 to $2,384,672 in ‘15.

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 M

For Goleta Real Estate North in the Santa Barbara Real estate area for Home Estate/PUDs market for the period of April 22 to May 22 ‘15 there were 29 sales this year with a median sales price of $927,500 and an average sales price of $1,046,561. Last year there were 15 sales with a median sales price $880,000 and an average sales price of $1,171,580.

In the Santa Barbara Real Estate are of Goleta Real Estate South for the Home Estate/PUD market from April 22 to May 22 ‘15 there were 8 sales this year with a median sold price of $810,000 and an average sales price of $917,500. Last year there were 12 sales with a median sales price of $751,500 and an average sales price of $780,308. This year there were 7 escrows opened with a median list price of $779,000 and last year there were 11 escrows opened with a median list price of $749,000.

For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the period of April 22 to May 22 ‘15 were 4 sales compared to 5 last year. Those 5 sales last year had a median sales price of $2.812 million and an average sales price of $2.602 and the 4 sales this year had a median sales price of $3,253,250 and an average sales price of $3.751 million.

For the Santa Barbara Real Estate area of West of State St for Home Estate/PUDs for the period of April 22 to May 22 ‘15 there were 31 sales with a median sales price of $975,000 and an average sales price of $1,160,637. Last year there were 24 sales with a median sales price of $929,000 and an average sales price of $1,082,672. For the same time period there were 27 opened escrows this year with a median list price of $929,000 and last year there were 22 opened escrows with a median list price of $1,021,500.

For Santa Barbara Real Estate East of State St for Home Estate/PUDs there were 34 sales from April 22 to May 22 ‘15 with a median sold price of $1,602,500 and an average sold price of $1,591,375. Last year there were 33 sales with a median sold price of $1,370,000 and an average sold price of $1,497,415. During that same time period there have been 39 opened escrows with a median list price of $1,249,000 and last year there were 24 escrows opened with a median list price of $995,500.

Santa Barbara Real Estate’s areas of Montecito Real Estate for Home Estate/PUDs there were 24 sales from April 22 to May 22 ‘15 with a median sold price of $3,625,000 and an average sold price of $3,850,181. Last year there were 17 sales with a median sold price of $2,665,000 and an average sold price of $4,060,241. During that same time period there have been 20 opened escrows with a median list price of $2,995,000 and last year there were 26 escrows opened with a median list price of $2,775,000.

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 April 22 to May 22 ‘15 there were 14 sales this year compared to 6 last year and the median sales price was down on those 14 this year to $882,500. Last year the median sales price on the 6 was $1,237,500. The average sales price was down from $3,190,416 last year to $1,082,214 this year.