October 19, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for East of State St through October 12, ‘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 47 for a total of 199 properties that have been active this year and the New Listings that came on this year are up by 31 for a 22% increase. The number of sales is down by 14 for a -16% decrease. The Average Sales Price is up. Last year at this time it was $840,882 and this year it’s at $941,476 for an increase of 11%.

In the Single Family Home market for the Santa Barbara Real Estate area of East of State St there are 22 more properties that have been active this year as opposed to last year for a total of 516, and there are more new listings this year with 412 for last year vs. 417 for this year. The sales are down with 203 this year vs. 253 last year for a -19% decrease. But the Average Sales Price is up from $1,466,937 last year to $1,623,589 this year for a 10% 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 have been active this year as opposed to last year for a total of 6 this year and 4 last year and there are 2 more new listings with 5 for this year vs. 3 for last year. The sales are exactly the same with 2 this year vs. 2 last year for a 0% increase. And the Average Sales Price is down from $1,305,000 last year to $1,095,000 this year for a -16% decrease.

Posted by gandlwoods at October 19, 2006 07:36 AM