The Condo market for the Carpinteria Real Estate/Summerland Real Estate area of Santa Barbara the inventory through 3/14/15 there have been 34 listings this year compared to 22 last year for a 54% rise and escrows are up with 6 in ’14 and 25 in ’15 for a 316% rise. Sales are up from 5 to 15 for a 200% rise while the average sales price is down from $552,800 to $468,433 for a 15% decline.
For Home Estates in the Santa Barbara area of Carpinteria Real Estate/Summerland Real Estate the numbers of listings through 3/14/15 have been 64 compared to last year when there were 58 for a 10% rise. The numbers of escrows are up from 16 last year to 25 for a 56% rise this year and the numbers of sales are up from 9 to 22 for an 144% rise and the average sales price is up from $2,171,414 last year to $3,538,409 this year for an 62% rise.
The PUD market for the Santa Barbara area of Carpinteria/Summerland the overall inventory through 1/25/15 there have been 6 listings compared to 1 last year. The escrows are up from 1 to 2 and sales are equal from 1 to 1. Last year that average sales price was $670,000 and this year the average sales price is $795,000.