In the Carpinteria/Summerland area of Santa Barbara Real Estate for the Condo Market the number of total listings for ‘05 versus what was on the market last year at this time is up by 16 for a total of 161 properties currently listed and the New Listings that came on this year are up by 9 for a 16% increase. The number of sales however is down by 15 for a -26% decrease. Even though sales are off pretty dramatically for the area the Average Sales Price continues to rise. Last year at this time it was $562,687 and this year it’s up to $650,870 for an increase of 15%.
In the Single Family Home market for the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate there are 5 more properties on the market right now as opposed to last year for a total of 161, and there are more new listings this year with 131 for last year vs. 141 for this year. The sales just like Condos are down pretty dramatically with 66 this year vs. 94 last year for a -29% decrease. But the Average Sales Price is up dramatically from $1,707,648 last year to $2,361,142 this year for a 38% increase.
In the Planned Unit Development Market of the Santa Barbara Real Estate area of Carpinteria/Summerland there is 1 less property on the market right now as opposed to last year for a total of 6, but there are exactly the same numbers of new listing this year with 6 for last year vs. 6 for this year. The sales just like Condos are down pretty dramatically with 3 this year vs. 5 last year for a -40% decrease. And the Average Sales Price is down from $1,064,980 last year to $667,333 this year for a -37% decrease.
And in more of Santa Barbara Real Estate….
After years of wrangling over the proposed renovation of the Coral Casino finally there is some group that will speak for the renovation. A committee made up of the member’s of the club will speak in support of the renovation in Superior Court before Judge Thomas Anderle.
This hearing is a precursor for the Dec. 20 date to hear the merits of the lawsuit brought against the proposed renovations. It looks like were finally getting down to the end of this battle. But I've said that before!!!
Posted by gandlwoods at November 22, 2005 08:47 AM