The Santa Barbara Real Estate figures for this year in the East of State St area Condo market show a sizable increase in the number of listings from 62 last year to 85 this year or an increase of 37%. The new listings this year are also up with 73 this year as opposed to 52 last year for an increase of 40%. Condo sales are also way up with 51 this year and only 38 last year for a 34% increase. The Average Sales price for this year is up also at 27% with an average of $829,675 this year vs. $651,145 last year.
In the Single Family Dwelling Market for Santa Barbara Real Estate’s East Side of State listings are down just slightly with 307 this year vs. 318 last year or a decrease of -3%. The new listings are off -8% for 227 this year vs. 247 for last year. The number of sold properties for this area is substantially off at -24% with 140 sold this year as opposed to 186 last year. The Average Sales Price however is still up 18% with $1,234,567 last year and $1,457,138 this year.
Posted by gandlwoods at June 21, 2005 08:47 AM