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West of State St Gap between Median Sales and Median List Prices for 1/1/15 to 5/10/15 for Santa Barbara Real Estate

Submitted by Gary Woods on Wed, 05/20/2015 - 12:30

For Santa Barbara Real Estate area of West of State St area for the Home Estate/PUD market through 5/10/15 there have been 82 sales compared to 73 last year for a 12.3% rise but the median sales price went down from $950,000 to $870,000 for an 8.4% fall.

The median list price of $1,295,000 this year and the median sold price of  $870,000 gives us a -32.8% gap and last year the median list price of $1,095,000 and the median sold price of $950,000 gave us a -13.2% positive.

For Santa Barbara Real Estate area of West of State St area for the Condo market through 5/10/15 there have been 35 sales compared to 37 last year for a 5.4% fall and the median sales price went down from $625,000 to $610,500 for a -2.4% decline.

The median list price of $865,000 this year and the median sold price of  $610,000 gives us a -29.5% gap and last year the median list price of $925,000 and the median sold price of $625,000 gave us a -32.4% gap.