For Condos in the Santa Barbara Real Estate area of East of State the total numbers of properties for sale this year through March 5 is 38 down from 74 last year for a 48% fall. The numbers of escrows are down from 29 to 11 for a 62% fall and the numbers of sales are up from 7 to 12 for a 71% change. The average sales price on those sales last year was $462,857 while the sales this year had an average sales price of $621,293 for a 34% change.
The Home Estate market for the East of State St area of Santa Barbara Real Estate the total numbers of listings through March 5 there have been 150 down from 183 for an 18% decline. The escrows are down with 59 last year to54 this year for an 8% fall and the sales are down from 47 to 33 for a 29% decline. The average sales price has gone up from $882,249 to $1,020,920 for a 15% rise.
For the PUD market on the East Side of Santa Barbara there has been 1 listing this year compared to 4 last year for a 75% decline and the escrows have gone from 1 to 1 for a 0% change while the sales went from 1 to 1 again for a 0% change. The average sales price last year for that sale was $1,087,000 while this year the averages price was $575,000 for a 47% change.
Posted by gandlwoods at March 14, 2013 05:38 AM