February 03, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for West of State St Through January 27, ‘06

In the West of State St 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 11 for a total of 32 properties currently listed and the New Listings that came on this year are up by 5 for a 71% increase. The number of sales however is down by 1 for a -14% decrease. And the Average Sales Price is down compared to ‘05. Last year at this time it was $682,071 and this year it’s at $664,067 for a decrease of -2%.

In the Single Family Home market for the Santa Barbara Real Estate area of West of State St there are 31 more properties on the market right now as opposed to last year for a total of 91, and there are more new listings this year with 25 for last year vs. 30 for this year. The number sales are exactly the same with 15 this year vs. 15 last year for a 0% change. But the Average Sales Price is up from $936,893 last year to $1,048,400 this year for an 11% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of West of State St there is 1 less property on the market right now as opposed to last year for a total of 1, and there are fewer new listings this year with 1 for last year vs. 0 for this year. The sales for PUDs are off slightly with 0 this year vs. 1 last year. And the Average Sales Price is $795,000 last year to 0 this year.

Posted by gandlwoods at February 3, 2006 08:16 AM