In the Montecito Real Estate area of Santa Barbara Real Estate for the Condo Market the numbers of listings for all of 08 is down by 2 but the numbers of new listings is down by 5. The numbers of escrows is way behind this year with 1 as opposed to 10 last year. Also the numbers of sales are down with 2 closing this year as opposed to 10 last year. The Average Sales is down however. Last year it was $1,711,000 and now its $1,555,000 for a 9% decline.
In the Single Family Home market for the Santa Barbara Real Estate area of Montecito Real Estate the overall numbers of units for sale is up by about 5% and the numbers of new listings is up by 1. There have been 12 fewer escrows this year as opposed to last but 3 fewer sales so far this year. The Average Sales price at this time last year was $4,011,167 and currently its a whopping $5,230,778.
In the Santa Barbara Real Estate area of Montecito Real Estate for the Planned Unit Development Market the numbers of units to sell is up by 1. Last year there was 1 total property on the market for the year and this year there has been 2. There have been 2 new properties come on the market this year as opposed to 0 at this time last year. But everything else is zeros for both years. Not Escrows and Sales were recorded for either period.
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