For the Santa Barbara area of Carpinteria Real Estate/ Summerland Real Estate for the condo market through March 13 the inventory is up by 1 over last year at this time while new listings are up by 8. The numbers of sold listings is currently ahead by 1 but the average sales price has declined by about 20%.
For Home Estates in Carpinteria Real Estate/ Summerland Real Estate the total numbers of listings through March 14 is up by 28% over last year’s numbers with the new listings surging by 20%. But with the inventory up the numbers of properties that entered escrow is exactly where it was last year and the numbers of sold homes is down by 6 with the average sales price sliding by 62%.
For PUDs in the Carpinteria Real Estate/ Summerland Real Estate there’s not much goin’ on. Last year there were 2 listings at this time and all the other numbers are 0. There was also 1 under contact last year but none this year. There has been 1 sale for $591,000 compared to none last year.