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Carpinteria/Summerland Days on the market for 1-1-15 to 3-27-25 compared to the previous year

Submitted by Gary Woods on Fri, 04/03/2015 - 12:30

From 1-1-15 to 3-27-25 for Carpinteria Real Estate/Summerland Real Estate for the Home Estate/PUD market there have been 22 sales compared to 11 last year. The median sales price has come risen from $845,000 last year to $895,500 this year while the average sales price also went from $2,171,520 last year to $3,288,409. Those 22 sales took on average 60 days to get an accepted offer and when you add in another 33 days of average escrow time you get a total marketing time of 93 days.

For Condominiums for the same time period in Carpinteria Real Estate/Summerland Real Estate this year there have been 14 sales this year compared to 6 last year. The median sales price has gone down from $551,250 last year to $470,500 this year and the average sales price has also gone down from $556,500 to $485,107. Those 14 sales took on average 55 days to get an accepted and when you add in another 36 days of average escrow time you get an average of 91 days of total marketing time.