In the East of State St 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 a whopping 62 for a total of 167 properties currently listed and the New Listings that came on this year are up by 59 for a 62% increase. The number of sales is also up by 25 for a 34% increase. With sales up pretty dramatically for the area the Average Sales Price also continues to rise. Last year at this time it was $698,083 and this year its up to $871,413 for an increase of 24%.
In the Single Family Home market for the Santa Barbara Real Estate area of East of State St there are 3 fewer properties on the market right now as opposed to last year for a total of 525, and there are fewer new listings this year with 457 for last year vs. 444 for this year. The sales are down with 282 this year vs. 312 last year for a -9% decrease. But the Average Sales Price is up from $1,271,454 last year to $1,470,832 this year for a 15% increase.
In the Planned Unit Development Market of the Santa Barbara Real Estate area of East of State St there is 1 less property on the market right now as opposed to last year for a total of 5, and there are 2 fewer new listing this year with 6 for last year vs. 4 for this year. The sales are also down with 2 this year vs. 5 last year for a -60% decrease. But the Average Sales Price is up from $895,000 last year to $1,305,000 this year for a 45% increase.
Posted by gandlwoods at November 24, 2005 08:28 AM