February 24, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for West of State St through February 15, ‘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 41 properties currently listed and the New Listings that came on this year are up by 5 for a 31% increase. The number of sales are down however by 2 for a -18% decrease. The Average Sales Price is up slightly. Last year at this time it was $630,318 and this year it’s at $717,489 for an increase of 13%.

In the Single Family Home market for the Santa Barbara Real Estate area of West of State St there are 42 more properties on the market right now as opposed to last year for a total of 116, and there are more new listings this year with 39 for last year vs. 55 for this year. The sales are exactly the same with 28 this year vs. 28 last year for a 0% change. And the Average Sales Price is up from $949,889 last year to $1,157,107 this year for a 21% 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 is 1 less new listing this year with 1 for last year vs. 0 for this year. The sales are down slightly with 0 this year vs. 1 last year for a -100% decrease. And the Average Sales Price is up from $795,000 last year to $0 this year for a -100% decrease.

Posted by gandlwoods at February 24, 2006 08:50 AM