August 21, 2007

Santa Barbara Real Estate Comparison of this Year vs. Last for West of State St through August 11, ‘07

In the West of State St area of Santa Barbara Real Estate for the Condo Market the number of total listings for ‘07 versus what was on the market last year at this time is up by 5 for a total of 160 properties that have been active this year but the New Listings that came on this year are down by 16 for an -11% decrease. The number of sales is up for a 27% increase, but the Average Sales Price is up. Last year at this time it was $728,817 and this year it’s at $671,279 for a decrease of -7%.

In the Single Family Home market for the Santa Barbara Real Estate area of West of State St there are 5 more properties that have been active this year as opposed to last year for a total of 335, but there are fewer new listings this year with 270 for last year vs. 249 for this year. The sales are up with 137 this year vs. 124 last year for a 10% increase. And the Average Sales Price is up from $1,141,943 last year to $1,236,388 this year for an 8% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of West of State St there are 9 more properties that have been active this year as opposed to last year for a total of 17 and there are more new listing with 7 for last year vs. 13 for this year. The sales are up with 2 this year vs. 1 last year for a 100% increase. And the Average Sales Price is up from $1,040,000 last year to $1,237,000 this year for an 18% increase.

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Posted by gandlwoods at August 21, 2007 07:50 AM