August 24, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for East of State St through August 18, ‘06

In the East 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 56 for a total of 180 properties that have been active this year and the New Listings that came on this year are up by 40 for a 36% increase. The number of sales is down by 14 for a -20% decrease. The Average Sales Price is up slightly. Last year at this time it was $857,336 and this year it’s at $915,210 for an increase of 6%.

In the Single Family Home market for the Santa Barbara Real Estate area of East of State St there are 52 more properties that have been active this year as opposed to last year for a total of 453, and there are more new listings this year with 319 for last year vs. 354 for this year. The sales are down with 159 this year vs. 216 last year for a -26% decrease. But the Average Sales Price is up from $1,444,957 last year to $1,533,519 this year for an 6% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of East of State St there are 2 more properties that has been active this year as opposed to last year for a total of 5 and there are 2 more new listings with 2 for last year vs. 4 for this year. The sales are down with 1 this year vs. 2 last year for a -50% decrease. And the Average Sales Price is down from $1,305,000 last year to $1,150,000 this year for a -11% decrease.

Posted by gandlwoods at August 24, 2006 07:33 AM