For Condos in the Santa Barbara Real Estate area of East of State the total numbers of properties for sale this year through February 18 there have been 54 listings this year compared to 64 last year and the new listings went down from 25 in ’09 to 19 in ’10. But the numbers of escrows went up from 7 last year to 8 this year with sales going from 3 in ’09 to 10 in ’10 while the average sales price fell from $736,000 in ’09 to $415,100.
The Home Estate market for the East of State St area of Santa Barbara Real Estate the total numbers of listings through February 18 went down from 183 in ’09 to 172 in ’10. New listings didn’t fall as far dropping from 66 in ’09 to 63 in ’10. Escrows however are way up from 20 last year to 29 in ’10 with sales also rising from 14 last year to 27 this year. The average sales price dropped however from $1,048,071 last year to $944,491 this year.
For the PUD market on the East Side of Santa Barbara there have been 5 total listings this year compared to 2 last year with 3 new listings in ’10 compared to 1 in ’09. Everything else is zero for both years with no escrows and sales for ’09 and ’10.