In the Montecito Real Estate area of Santa Barbara Real Estate for the Condo Market the number of total listings for 06 versus what was on the market last year at this time is up by 12 for a total of 19 properties currently listed and the New Listings that came on this year are up by 2 for a 66% increase. The number of sales however is down by 2 for a -66% decrease. The Average Sales Price is down also compared to 05. Last year at this time it was $1,618,333 and this year its at $1,395,000 for a decrease of -13%.
In the Single Family Home market for the Santa Barbara Real Estate area of Montecito Real Estate there are 28 fewer properties on the market right now as opposed to last year for a total of 129, and there are fewer new listings this year with 34 for last year vs. 29 for this year. The number sales are down with 11 this year vs. 22 last year for a -50% decrease. But the Average Sales Price is up from $2,654,636 last year to $2,920,864 this year for a 10% increase.
In the Planned Unit Development Market of the Santa Barbara Real Estate area of Montecito Real Estate there is 1 more property on the market right now as opposed to last year for a total of 2, but there are exactly the same numbers of new listing this year with 0 for last year vs. 0 for this year. The sales for PUDs are slightly off with 0 this year vs. 1 last year. And the Average Sales Price is $2,175,000 last year to 0 this year.