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% to 136 with the new listings up 4% to 97. But outpacing those numbers are the escrows which are up 29% to 44 with the sales only up 3% to 34. With everything else up the average sales price has fallen 18% to $636,732.
The Home Estate market for the East of State St area of Santa Barbara Real Estate the total numbers of listings are up by 5% to 444 with the new listings up even farther by 13% to 327. Up even farther are the numbers of escrows have risen by 18% to 156 but the numbers of sales is up just 3% to 119. With all the rises the falling has to be close behind and the average sales price is down by 16% to about $1.1 million.
For the PUD market on the East Side of Santa Barbara there were only 11 active listings last year and this year has given us only 6. There have been 5 new listings but last year there were 6. The has been only 1 escrow opened this year compared to 3 last year and 2 sales last year compared to 0 this year. That 1 sale was for $967,500.