June 02, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for West of State St through May 25, ‘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 18 for a total of 104 properties currently listed and the New Listings that came on this year are up by 12 for an 16% increase. The number of sales is down by 31 for a -63% decrease. The Average Sales Price is down. Last year at this time it was $746,857 and this year it’s at $707,300 for a decrease of -5%.

In the Single Family Home market for the Santa Barbara Real Estate area of West of State St there are 35 more properties on the market right now as opposed to last year for a total of 229, and there are more new listings this year with 159 for last year vs. 168 for this year. The sales are down with 83 this year vs. 96 last year for a -13% decrease. But the Average Sales Price is up from $1,128,895 last year to $1,149,061 this year for a 1% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of West of State St there are exactly the same number of more properties on the market right now as opposed to last year for a total of 4 and there are exactly the same number of new listing this year with 3 for last year vs. 3 for this year. The sales are 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 June 2, 2006 08:54 AM