July 28, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for West of State St through June 23, ‘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 26 for a total of 146 properties that have been active this year and the New Listings that came on this year are up by 20 for a 18% increase. The number of sales is down by 52 for a -61% decrease. The Average Sales Price is down slightly. Last year at this time it was $740,109 and this year it’s at $721,119 for a decrease of -2%.

In the Single Family Home market for the Santa Barbara Real Estate area of West of State St there are 46 more properties that have been active this year as opposed to last year for a total of 305, and there are more new listings this year with 224 for last year vs. 245 for this year. The sales are down with 109 this year vs. 138 last year for a -21% decrease. And the Average Sales Price is down from $1,170,102 last year to $1,157,042 this year for a -1% decrease.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of West of State St there are 2 more properties that have been active this year as opposed to last year for a total of 6 and there are 2 more new listings this year with 3 for last year vs. 5 for this year. The sales are down with 1 this year vs. 3 last year for a -66% decrease. And the Average Sales Price is down from $1,198,333 last year to $1,040,000 this year for a -13% decrease.

Posted by gandlwoods at July 28, 2006 08:54 AM