January 08, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for Goleta South Through December 30th ‘05

In the Goleta Real Estate South 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 35 for a total of 138 properties currently listed and the New Listings that came on this year are up by 31 for a 31% increase. The number of sales is also up by 7 for a 8% increase. With sales up for the area the Average Sales Price continues to rise. Last year at this time it was $524,372 and this year it’s up to $613,466 for an increase of 16%.

In the Single Family Home market for the Santa Barbara Real Estate area of Goleta Real Estate South there are 8 fewer properties on the market right now as opposed to last year for a total of 144, and there are fewer new listings this year with 138 for last year vs. 136 for this year. The sales are down with 84 this year vs. 124 last year for a -32% decrease. But the Average Sales Price is up $910,524 last year to $1,034,851 this year for a 13% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of Goleta Real Estate South there are 5 fewer properties on the market right now as opposed to last year for a total of 8, and there are fewer new listings this year with 13 for last year vs. 7 for this year. The sales just like Condos are down with 5 this year vs. 9 last year for a -44% decrease. But the Average Sales Price is up from $957,278 last year to $1,166,600 this year for a 21% increase.

Posted by gandlwoods at January 8, 2006 07:04 AM