November 17, 2006

Santa Barbara Real Estate Comparison of this Year vs. Last for West of State St through October 10, ‘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 24 for a total of 193 properties that have been active this year and the New Listings that came on this year are up by 18 for a 11% increase. The number of sales is down by 55 for a -47% decrease. The Average Sales Price is down slightly. Last year at this time it was $749,500 and this year it’s at $702,026 for a decrease of -6%.

In the Single Family Home market for the Santa Barbara Real Estate area of West of State St there are 20 more properties that have been active this year as opposed to last year for a total of 413, but there are fewer new listings this year with 358 for last year vs. 353 for this year. The sales are down with 172 this year vs. 220 last year for a -21% decrease. And the Average Sales Price is up from $1,183,771 last year to $1,315,744 this year for a 11% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of West of State St there are 6 more properties that have been active this year as opposed to last year for a total of 13 and there are 6 more new listings with 6 for last year vs. 12 for this year. The sales are lower with 2 this year vs. 3 last year for a -33% decrease. And the Average Sales Price is down from $1,198,333 last year to $927,500 this year for a -22% decrease.

Posted by gandlwoods at November 17, 2006 08:50 AM