The Condo market for the West of State St area of Santa Barbara Real Estate the overall numbers of properties available is down by 9% with the new listings way down dropping by 39%. But remarkably with the decline in inventory the numbers of sales is only off by 3 but the average sales price has fallen by 21%.
For Home Estates in the Santa Barbara Real Estate area of West of State the total homes that have been on the market in ’09 is up by 4 while the numbers of new listings is exactly where it was last year at this time. With the inventory rather stable the sales are down by only 2 this year but the average sales price is down by 18%.
The PUD market for the Santa Barbara Real Estate area of West of State St there were 5 listings last year compared to 0 this year and 3 new listings last year compared to 0 this year. Going down that same road we see 2 sales last year with 0 this year so once again no sales gives us no average sales price.