March 17, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for West of State St through March 10, ‘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 13 for a total of 55 properties currently listed and the New Listings that came on this year are up by 17 for a 25% increase. The number of sales is down by 6 for a -37% decrease. The Average Sales Price is up. Last year at this time it was $665,406 and this year it’s at $708,340 for an increase of 6%.

In the Single Family Home market for the Santa Barbara Real Estate area of West of State St there are 44 more properties on the market right now as opposed to last year for a total of 138, and there are more new listings this year with 59 for last year vs. 77 for this year. The sales are down with 35 this year vs. 38 last year for a -7% decrease. But the Average Sales Price is up from $946,129 last year to $1,132,243 this year for a 19% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of West of State St there are 2 fewer properties on the market right now as opposed to last year for a total of 1, and there is 2 fewer new listing this year with 2 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 down from $795,000 last year to $0 this year for a 100% decrease.

Posted by gandlwoods at March 17, 2006 08:35 AM