The Condo market for the Carpinteria/Summerland area of Santa Barbara the inventory through 8/24/14 there have been 57 listings this year compared to 74 last year for a 22% drop and escrows are down with 61 in ’13 and 28 in ’14 for a 54% fall. Sales are down from 63 to 28 for a 56% decline while the average sales price is up from $475,917 to $547,331 for a 215% rise.
For Home Estates in the Santa Barbara area of Carpinteria/Summerland the numbers of listings through 8/24/14 have been 124 compared to last year when there were 150 for a 17% decline. The numbers of escrows are down from 78 last year to 58 for a 25% fall this year and the numbers of sales are down from 69 to 48 for a 30% fall and the average sales price is up from $1,304,851 last year to $2,605,690 this year for an 99% rise.
The PUD market for the Santa Barbara area of Carpinteria/Summerland the overall inventory through 8/24/14 there have been 5 listings compared to 5 last year. The escrows are down from 3 to 2 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 August 30, 2014 07:00 AM