For the Santa Barbara area of Carpinteria Real Estate/Summerland for the condo market through February 18 ’10 the overall inventory has dropped from 50 properties in ’09 to 42 in ’10. The new listings however are equal with 19. The escrows however are way from 3 to 10 this year and the sold properties have gone up from 3 to 5. The average sales price has gone done however from $355,000 in ’09 to $317,800 in ’10.
For Home Estates in Carpinteria Real Estate/Summerland the total numbers of listings through February 18 has the inventory down from 105 in ’09 to 92 in ’10 with new listings going up slightly from 25 to 28 this year. The numbers of escrow also went up from 6 to 8 with the sales rising significantly from 3 to 12. The average sales price also has gone way up from $561,667 to $1,041,858.
For PUDs in the Carpinteria/Summerland through February 18 there were no listings and no new listings. But there was 1 sale compared to last year when there was also 1. In ’09 that 1 sale was for $591,000 and this year the sale was for $905,000.