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 up by 14 for a total of 66 properties that have been active this year and the New Listings that came on this year are up by 4 for a 8% increase. The number of sales is down by 12 for a -46% decrease. The Average Sales Price is up slightly. Last year at this time it was $1,541,385 and this year its at $1,664,536 for an increase of 7%.
In the Single Family Home market for the Santa Barbara Real Estate area of Montecito Real Estate there are 2 more properties that have been active this year as opposed to last year for a total of 425, and there are more new listings this year with 300 for last year vs. 326 for this year. The sales are down with 154 this year vs. 200 last year for a -23% decrease. And the Average Sales Price is up from $3,166,448 last year to $3,852,923 this year for a 21% increase.
In the Planned Unit Development Market of the Santa Barbara Real Estate area of Montecito Real Estate there are 5 more properties that have been active this year as opposed to last year for a total of 7 and there are 5 more new listings with 1 for last year vs. 6 for this year. The sales are exactly the same with 3 this year vs. 3 last year for a 0% increase. But the Average Sales Price is down from $2,333,333 last year to $1,850,000 this year for a -20% decrease.
Posted by gandlwoods at November 15, 2006 08:53 AM