November 16, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for East of State St through October 10, ‘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 51 for a total of 215 properties that have been active this year and the New Listings that came on this year are up by 35 for a 23% increase. The number of sales is down by 18 for a -18% decrease. The Average Sales Price is up slightly. Last year at this time it was $861,891 and this year it’s at $923,234 for an increase of 7%.

In the Single Family Home market for the Santa Barbara Real Estate area of East of State St there are 30 more properties that have been active this year as opposed to last year for a total of 554, and there are more new listings this year with 442 for last year vs. 455 for this year. The sales are down with 225 this year vs. 283 last year for a -20% decrease. And the Average Sales Price is up from $1,475,529 last year to $1,583,143 this year for a 7% 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 7 and there are 2 more new listings with 4 for last year vs. 6 for this year. The sales are exactly the same with 2 this year vs. 2 last year for a 0% increase. But 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 November 16, 2006 07:23 AM