Santa Barbara Real Estate Market Update for the Montecito Real Estate Area - Overall Yearly Sales Statistics for 2007

Santa Barbara Real Estate for the Montecito area for January 1, 2007 - December 31st, 2007.

I have summarized below an easy to look at brief outline of the overall statistics for the Santa Barbara Real Estate market for the Montecito area:

  • The total number of single family homes sold was 191.  Overall the average sales price in 2007 was at $3,690,095.  The average days on the market were 113 in 2007.
  • The total number of condos / townhomes sold was 29.  Overall the average sales price in 2007 was at $1,658,448.  The average days on the market were 115 in 2007.
  • The total number of PUDs sold was 1.  Overall the average sales price in 2007 was at $2,325,000.  The average days on the market were 150 in 2007.

The highest reported sale in the Montecito area was on Ashley for $20 Million.  The lowest reported sale in the Montecito area was $720,000. These numbers were broken down into sales for single family homes, condos / townhomes and PUDs (Planned Unit Developments).  Please feel free to contact me with any questions that you may have about these statistics, the specific Santa Barbara areas or the market in general for the Santa Barbara Real Estate area. View: All Market Statistics For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty. Thank you for reading.  I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts. Subscribe to Receive Personal Listings of Santa Barbara Area Properties Search the Santa Barbara Area MLS

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