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 down by 22 for a total of 43 properties currently listed and the New Listings that came on this year are up by 12 for an 80% increase. The number of sales is down by 5 for a -38% decrease. The Average Sales Price is up. Last year at this time it was $1,619,000 and this year its at $1,717,500 for an increase of 6%.
In the Single Family Home market for the Santa Barbara Real Estate area of Montecito Real Estate there are 6 fewer properties on the market right now as opposed to last year for a total of 274, but there are more new listings this year with 157 for last year vs. 172 for this year. The sales are down with 72 this year vs. 98 last year for a -26% decrease. But the Average Sales Price is up from $3,063,957 last year to $3,692,450 this year for a 20% increase.
In the Planned Unit Development Market of the Santa Barbara Real Estate area of Montecito Real Estate there is 1 less property on the market right now as opposed to last year for a total of 1, there is 1 less new listing this year with 1 for last year vs. 0 for this year. The sales are 1 this year vs. 2 last year for a -50% decrease. And the Average Sales Price is down from $2,537,000 last year to $1,250,000 this year for a -50% decrease.
Posted by gandlwoods at May 31, 2006 03:22 AM