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  • Casual Articles - Montecito Real Estate from 2000 to 2005 for the First 10 Months of Each Year

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    period sales were slightly slower with 145 properties closing escrow from 1/1 to 10/31. The median sales price was up ever so slightly to $1.565 million. The number
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    There’s been a lot written and said about how the numbers of Montecito Real Estate sales are off when you compare them to 2004. Since it’s always a good idea to stand back and get a little perspective to see where we’ve been I thought I’d go back to 2000 and look at each subsequent year to today.

    Okay, so looking at Montecito Real Estate for 2000 from Jan. 1 through October 31 we see 196 sales with a median price of $1.54 million. The number of listings for the same time period was 282 with a median list price of $1.745. This means that the median sales price was about $200,000 below that of the median list price.

    For 2001 for the same time period sales were slightly slower with 145 properties closing escrow from 1/1 to 10/31. The median sales price was up ever so slightly to $1.565 million. The number

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    d back and get a little perspective to see where we’ve been I thought I’d go back to 2000 and look at each subsequent year to today.

    Okay, so looking at Montecito Real Estate for 2000 from Jan. 1 through October 31 we see 196 sales with a median price of $1.54 million. The number of listings for the same time period was 282 with a median list price of $1.745. This means that the median sales price was about $200,000 below that of the median list price.

    For 2001 for the same time period sales were slightly slower with 145 properties closing escrow from 1/1 to 10/31. The median sales price was up ever so slightly to $1.565 million. The number

    Lean Manufacturing
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    ito Real Estate for 2000 from Jan. 1 through October 31 we see 196 sales with a median price of $1.54 million. The number of listings for the same time period was 282 with a median list price of $1.745. This means that the median sales price was about $200,000 below that of the median list price.

    For 2001 for the same time period sales were slightly slower with 145 properties closing escrow from 1/1 to 10/31. The median sales price was up ever so slightly to $1.565 million. The number

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    2 with a median list price of $1.745. This means that the median sales price was about $200,000 below that of the median list price.

    For 2001 for the same time period sales were slightly slower with 145 properties closing escrow from 1/1 to 10/31. The median sales price was up ever so slightly to $1.565 million. The number

    Products, Like People, Have Lifecycles
    You know the routine. Birth. Growth. Maturity. And, ultimately, death. Some we knew have already gone through it. All of us will – eventually. We mortals experience it every day. But did you know that the same applies to businesses. More specifically to the “Stuff” they sell, their products and services.“Stuff,” if you’ll grant me a moment to explain, lo
    period sales were slightly slower with 145 properties closing escrow from 1/1 to 10/31. The median sales price was up ever so slightly to $1.565 million. The number of homes that came on the market for that time period was 335 with a median list price of $2.08. this means that the expectations of the sellers in 2001 increased but buyers restrained that enthusiasm keeping the selling prices almost flat from ’00 to ’01.

    So what happened in 2002 as far as sales were concerned? From 1/1 to 10/31 there were 183 houses that closed escrow. The median sales price at that time stayed pretty close to the 2001 level coming in at $1.72 million. The number of listings was 328 year to date for 2002 with a median list price of $2.25 million. That means from 2001 to 2002 sales and prices were increasing marginally.

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