The Condo market for the West of State St area of Santa Barbara Real Estate the total numbers of listings through February 18 are way down from 73 in ’09 to 51 in ’10. New listings are down nearly as much falling from 18 in ’09 to 14 in ’10. The escrows however up from 6 to 10 with the sales up from 4 to 6 this year. But the average sales price has dipped from $579,750 in ’09 to $493,083.
For Home Estates in the Santa Barbara Real Estate area of West of State the total homes that have been on the market through February 18 are down from 131 in ’09 to 91 in ’10. The new listings also fell from 40 last year to 33 this year. The escrows are also down from 27 in ’09 to 22 in ’10 with the sales down from 17 last year to 12 this year. The average sales price also fell from $1,045,176 last year to $917,458 this year.
The PUD market for the Santa Barbara area of West of State St there were 0 listings last year but 2 this year but both years have seen no new listings, no escrows and no sales.