So where is Carpinteria Real Estate?? On the East it goes to the Bailard off ramp and includes all those Condos on Birch, Jacaranda and Palmetto. On the West it extends to the Padaro off ramp and includes all those wonderful estates and humble beach houses which sell for an incredible amount of money along Padaro. On the South Carpinteria Real Estate Starts at the Ocean and extends well North above Foothill Rd.
Okay, so now we know where it is, what’s been going on with Carpinteria Real Estate for the past year? Well, 53 homes have been sold excluding Condominiums which comes $136 million worth of real estate that changed hands. This gives us a staggering $2.54 million average home price. This huge average is helped along by the Beach Front properties that are going for staggering numbers. But even without those huge beach front places the Median Price is still almost $1.3 million.
During the year 94 properties came on the market with a median asking price of $1.495 and an average asking price of $2.431. Currently there are 30 single family homes for sale with a median asking price of $1.7 million and an average asking price of $3.442.
On the Condominium front there have been 61 sold this year accounting for $39 million worth of Real Estate. This gives us an average sales price of $639,000. The condos in Carpinteria are on both sides of the freeway and tend to be pretty close to the freeway. Some of the nicer developments are on Beachwalk, Franciscan Court, Catlin Circle and Cravens.
110 Condos have come on the market so far in 2005 with a median list price of $659,000 and an average list price of $667,000. Currently there are 26 Condos for Sale in Carpinteria with an average asking price of $882,000 and a median asking price of $679,000.
Well that’s it forCarpinteria Real Estate for now!!!
Gary Woods is a Realtor in Santa Barbara California and serves the areas of Santa Barbara, Montecito, Goleta, Carpinteria and Summerland. He is the Trainer for the Santa Barbara Association of Realtors and can be heard on Radio 1290 AM Mondays from 9-10AM.
