May 22, 2009

East of State St from 1/1/09 to 5/15/09 compared to ’08 for the Santa Barbara Real Estate area

For Condos in the Santa Barbara Real Estate area of East of State the total numbers of properties for sale this year is up by 3 while the numbers of new listings is up by 5. But despite this increase in the numbers of properties to sell the sales are down by 3 for the year with the average sales price falling by 21%.

The Home Estate market for the East of State St area of Santa Barbara Real Estate the total numbers of listings is down by 2% with the numbers of new listings up by 2%. With the inventory about the same as last year the numbers of sales has fallen about 9% with the average sales price declining 17%.

For the PUD market on the East Side of Santa Barbara Real Estate there have been only 3 active properties this year compared to 9 last year. The new listings went from 4 in ’08 to 2 ’09 and the sales went from 1 last year to 0 this year. So with no sales this year we get no average.

Posted by gandlwoods at May 22, 2009 09:17 AM