From January 1 ’11 to September 5 ’11 for Home Estate/PUD in Carpinteria Real Estate/Summerland Real Estate there were 61 sales compared to 53 in ’10 and the median sales price has gone up from $665,000 last year to $700,000 this year. The average has gone down however, falling from $1.193 million last year to $916,072 this year. Those 61 sales took on average 82 days to get an accepted offer and when you add in another 49 days of escrow time you get a total of 131 days of total marketing time.
For Condominiums in Carpinteria Real Estate/Summerland Real Estate for the same time period there were 40 sales this year compared to 42 last year. The median sales price has dipped from $385,750 to $359,450 and the average sales price has gone up from $438,710 to $511,852. Those 40 sales took on average 72 days to get an accepted offer and when you add in another 55 days of average escrow time you get a total marketing time of 127 days.


September 14th, 2011
Michael
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