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Santa Barbara Real Estate for the 1st 7 Months of ’15 East of State St

Submitted by Gary Woods on Wed, 08/05/2015 - 12:30

For the Santa Barbara Real Estate area of East of State St for the first seven months of ’15 there have been 176 sales up from 157 last year. The median sales price is also up from $1,212,000 last year to $1,250,000 this year with the average sales price going up from $1.415 million last year to $1.481 million this year. The escrows are up from 161 last year to 184 this year with the median list price of those escrows going down from $1,289,000 last year to $1,249,500 this year. Right now there are 96 Home Estate/PUDs available for purchase on the East Side of Santa Barbara with a median list price of $1.722 million and an average list price of $1.925 million.

For the Santa Barbara Real Estate area of East of State St for the first seven months of ’15 there have been 73 sales compared to 53 last year but the median sales price has gone down from $625,000 last year to $595,000 this year. The average sales price has also gone down from $783,826 last year to $761,536 this year. The numbers of escrows are up from 51 in ’14 to 71 in ’15 with the median list price on those escrows going down from $635,000 in ’14 to $589,000 in ’15 Right now there are 25 condos available for purchase on the East Side of Santa Barbara with a median list price of $849,000 and an average list price of $903,496.