In 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 22 for a total of 38 properties currently listed and the New Listings that came on this year are up by 12 for a 120% increase. The number of sales is down by 6 for a -50% decrease. The Average Sales Price is down slightly. Last year at this time it was $1,676,500 and this year its at $1,531,667 for a decrease of -8%.
In the Single Family Home market for the Santa Barbara Real Estate area of Montecito Real Estate there are 8 fewer properties on the market right now as opposed to last year for a total of 244, but there are more new listings this year with 129 for last year vs. 142 for this year. The sales are down with 76 this year vs. 61 last year for a -19% decrease. And the Average Sales Price is up from $3,141,194 last year to $3,742,605 this year for a 19% increase.
In the Planned Unit Development Market of the Santa Barbara Real Estate area of Montecito Real Estate there are exactly the same number of properties on the market right now as opposed to last year for a total of 2, there is same number of new listing this year with 1 for last year vs. 1 for this year. The sales are down slightly with 1 this year vs. 2 last year for a -50% decrease. And the Average Sales Price is down from $2,537,500 last year to $1,250,000 this year for a -50% decrease.
Posted by gandlwoods at May 3, 2006 08:41 AM