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Carpinteria/Summerland Estate for all of ‘14 compared to all ’13 for Santa Barbara Real Estate

Submitted by Gary Woods on Tue, 01/06/2015 - 13:30

Looking at ’14 for Carpinteria Real Estate/Summerland Real Estate in the Home Estate/PUD market there have been 80 sales compared to ’13 when there were 106. The median sales price has risen from $852,500 in ’13 to $922,500 in ‘14. This year there were 84 escrows opened compared to 102 in ‘13. The median list price for those properties in escrow is $949,500 this year compared to $865,450 last year. Right now there are 21 Home Estate/PUDs available for purchase in Carpinteria/Summerland with a median list price of about $3.495 million and average list price of about $5.037 million.

For the condo market for the Carpinteria Real Estate/Summerland Real Estate area we ended the year with 48 sales compared to ’13 when there were 82. The median sales price ended the year at $497,000 up from $445,000 last year. The pending condo sales are down ending the year at 51 compared to 77 last year and the median list price for those condos in escrow is $499,000 for ’14 up from $449,900 the year before. Right now there are just 11 condos available for purchase in Carpinteria/Summerland with a median list price of just below $469,000 and average list price of $502,636.