January 09, 2006

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

In the Goleta Real Estate North 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 down by 20 for a total of 87 properties currently listed and the New Listings that came on this year are down by 36 for a -25% decrease. The number of sales is also down by 17 for a -21% increase. With sales down for the area the Average Sales Price continues to rise. Last year at this time it was $565,496 and this year it’s up to $648,464 for an increase of 14%.

In the Single Family Home market for the Santa Barbara Real Estate area of Goleta Real Estate North there are 45 fewer properties on the market right now as opposed to last year for a total of 298, and there are fewer new listings this year with 313 for last year vs. 266 for this year. The sales are down with 204 this year vs. 246 last year for a -17% decrease. But the Average Sales Price is up $1,074,635 last year to $1,166,218 this year for a 8% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of Goleta Real Estate North there is 1 more property on the market right now as opposed to last year for a total of 18, and there is one more new listing this year with 16 for last year vs. 17 for this year. The sales are up with 18 this year vs. 15 last year for a 20% increase. But the Average Sales Price is down from $1,202,833 last year to $835,606 this year for a -30% decrease.

Posted by gandlwoods at January 9, 2006 08:11 AM