The Condo market for the Carpinteria/Summerland area of Santa Barbara the inventory through 7/11/14 there have been 48 listings this year compared to 62 last year for a 22% drop and escrows are down with 50 in ’13 and 23 in ’14 for a 54% fall. Sales are down from 47 to 24 for a 48% decline while the average sales price is up from $464,176 to $558,254 for a 20% rise.
For Home Estates in the Santa Barbara area of Carpinteria/Summerland the numbers of listings through 7/11/14 have been 109 compared to last year when there were 134 for an 18% decline. The numbers of escrows are down from 46 last year to 51 for a 31% fall this year and the numbers of sales are down from 51 to 35 for a 31% fall and the average sales price is up from $1,383,433 last year to $2,615,435 this year for an 89% rise.
The PUD market for the Santa Barbara area of Carpinteria/Summerland the overall inventory through 7/11/14 there have been 4 listings compared to 4 last year. The escrows are down from 2 to 1 and sales are down from 3 to 2. Last year that average sales price was $546,333 and this year the average sales price is $662,500.Posted by gandlwoods at July 19, 2014 06:40 AM