The Condo market for the West of State St area Santa Barbara Real Estate the total numbers of listings through 8/24/14 is 148 up from 112 last year for a 32% rise. The numbers of escrows are up from 76 to 82 for a 7% rise and the sales are down from 74 to 71 for a 4% decline. The average sales price is up from $598,947 to $809,236 for a 35% rise.
For Home Estates in the Santa Barbara Real Estate area of West of State the total homes that have been on the market through 8/24/14 there have been 236 listings compared to 282 last year for a 16% drop. The numbers of escrows are down going from 198 to 156 for a 21% fall and the numbers of sales has gone down from 183 to 149 for an 18% fall. The average sales price is up from $972,056 last year to $1,097,168 for a 12% rise.
The PUD market for the Santa Barbara area of West of State St there have been 6 listings this year compared to 2 last year and there were 3 escrows this year compared to 2 last year and 3 sales last year compared to 4 sales this year. Those sales last year had an average sales price of $724,967 while the sales this year had an average sales price of $787,000.