For the Santa Barbara area of Carpinteria Real Estate/Summerland Real Estate for the condo market through May 15 the total active listings have declined by 40% with the new listings down even farther falling by 48%. Despite this decline in the numbers of properties to sell the sales are exactly where they were last year at this time but the average sales price has declined by 18%.
For Home Estates in Carpinteria Real Estate/Summerland Real Estate the total numbers of listings through May 15 are up by 30% while new listings are up only 23%. Despite the increase in properties the numbers of sales is down however by 22% which is an exact reversal of the condo market for the area. With the sales down the average sales price has also declined 19% from the previous year.
For PUDs in the Carpinteria Real Estate/Summerland Real Estate through May 15 there has been 1 more listing this year compared to last year but the numbers of new listings is exactly the same at 2. The sold PUDs are also the same posting 1 in each year but the average sales price has fallen by 20%.