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 1 while the numbers of new listings is also down by 1. On the flip side the numbers of escrow is up by 1 but the numbers of sales has fallen by 4. The average sales price has also dipped and is down by 25%.
The Home Estate market for the East of State St area of Santa Barbara Real Estate the total numbers of listings is down by 14% with the numbers of new listings falling off the pace by about 20%. This decline in inventory has led to an 11% drop in the numbers of homes going into escrow and a 23% drop in the numbers of closed escrows. The average sales price has also fallen and is down by 20%.
Theres not a whole lot of activity in the PUD market on the East Side of Santa Barbara Real Estate but last year there 7 active properties compared to 3 this year. But numbers of new properties is exactly the same at 2. There was 1 PUD that went into escrow last year compared to 0 this year but both years saw no sales.