For Condos in the Santa Barbara Real Estate area of East of State the total numbers of properties for sale this year is down by just 3% with the numbers of new listings off by 8%. The interesting part is with few condos to sell the escrows are up by 25% but the sales are down by 40%. Then to complete this whacky romp the average sales price is up by 11%.
The Home Estate market for the East of State St area of Santa Barbara Real Estate the total numbers of listings is down by 21% with the numbers of new listings down by 32%. The good news is that even though there are fewer properties to sell the escrows are down by only 1 from 08 and the numbers of sales is down by just 2. Unfortunately what has fallen is the average sales price which is down by about 40%.
Theres not a whole lot of activity in the PUD market on the East Side of Santa Barbara Real Estate but last year there 5 properties to sell and this year there are 2. But there is 1 more new PUD than there was at this time last year. The rest of the numbers are goose eggs. No escrow and no sales for either year.