For Condos in the Santa Barbara Real Estatearea of East of State the total numbers of properties for sale this year through January 16 there have been 40 total active listings compared to 60 in ’09 and there were 11 new listings last year compared to 6 this year. The escrows were also almost doubled going from 4 in ’09 to 2 in ’10 but the sales were reversed with 2 in ’09 and 4 in ’10. The average sales price however dipped way down dropping from $679,000 last year to just $300,000 this year.
The Home Estate market for the East of State St area of Santa Barbara Real Estatethe total numbers of listings through January 16 this year is 128 compared to 143 last year and there were 26 new listings in ’09 compared to 20 in ’10. The escrows are up this year however from 6 in ’09 to 9 this year and the sales are also up from 4 last year to 6 this year. The average sales price has dropped however from $1,367,500 in ’09 to $922,708 in ’10.
For the PUD market on the East Side of Santa Barbara there have been 3 total listings this year and 2 last year. The new listings stand at 1 each near and so far there have been now escrows and no sales in either year.