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 4 for a total of 32 properties that have been active this year and the New Listings that came on this year are down by 3 for a 15% decrease. The number of sales is up by 8 for a 133% increase, and the Average Sales Price is up. Last year at this time it was $1,531,667 and this year its at $1,657,857 for an increase of 8%.
In the Single Family Home market for the Santa Barbara Real Estate area of Montecito Real Estate there are 7 more properties that have been active this year as opposed to last year for a total of 228, but there are fewer new listings this year with 121 for last year vs. 110 for this year. The sales are up with 62 this year vs. 54 last year for a 14% increase. And the Average Sales Price is down from $3,594,516 last year to $3,392,694 this year for a -5% decrease.
In the Planned Unit Development Market of the Santa Barbara Real Estate area of Montecito Real Estate there are 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 1 this year vs. 1 last year for a -0% increase. And the Average Sales Price is up from $1,250,000 last year to $2,325,000 this year for an 86% increase.