March 17, 2007

Santa Barbara Real Estate Comparison of this Year vs. Last for Montecito through March 8, ‘07

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 down by 1 for a total of 27 properties that have been active this year and the New Listings that came on this year are exactly the same for a 0% increase. The number of sales is down by 6 for a 150% increase, and the Average Sales Price is down slightly. Last year at this time it was $1,730,000 and this year it’s at $1,711,000 for a decrease of -1%.

In the Single Family Home market for the Santa Barbara Real Estate area of Montecito Real Estate there are 3 more properties that have been active this year as opposed to last year for a total of 189, but there are fewer new listings this year with 86 for last year vs. 71 for this year. The sales are up exactly the same with 30 this year vs. 30 last year for a 0% increase. And the Average Sales Price is up from $3,715,150 last year to $4,011,167 this year for a 7% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of Montecito Real Estate there is exactly the same numbers of properties that have been active this year as opposed to last year for a total of 1 and there are exactly the same numbers of new listing with 0 for last year vs. 0 for this year. The sales are exactly the same with 0 this year vs. 0 last year for a 0% increase. And the Average Sales Price is the same with $0 last year to $0 this year for a 0% increase.

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Posted by gandlwoods at March 17, 2007 05:45 AM