For West of State St in Santa Barbara Real Estate for Home Estate/PUDs for the period of 1-1-15 to 3-27-25 there have been 22 sales compared to 23 last year. The median sales price has gone fell from $1,100,000 last year to $877,500 this year but the average sales price has also gone up from $1,174,242 last year to $1,351,969 this year. Those 22 sales took on average 57 days to get an accepted offer and when you add in another 45 days of escrow time you get an average total marketing time of 102 days.
For Condominiums on the West Side of Santa Barbara Real Estate for the same time period there have been 9 sales compared to 3 last year but the median sales price has fallen from $750,000 to $616,000. The average sales price has gone up from $718,333 to $921,144, Those 9 sales took 87 days on average to get an accepted offer and when you add in another 31 days of escrow time you get a total marketing time of 118 days.