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East of State St from 1/1/15 to 3/14/15 compared to ’14 for the Santa Barbara area

Submitted by Gary Woods on Sun, 03/22/2015 - 12:30

For Condos in the Santa Barbara Real Estate area of East of State the total numbers of properties for sale this year through 3/14/15 is 73 down from 74 last year for a 1% fall. The numbers of escrows are up from 21 to 36 for a 71% rise and the numbers of sales are up from 18 to 25 for a 38% rise. The average sales price on those sales last year was $727,944 while the sales this year had an average sales price of $897,268 for a 23% decline.

The Home Estate market for the East of State St area of Santa Barbara Real Estate the total numbers of listings through 3/14/15 there have been 160 up from 138 for a 15% rise. The escrows are up with 46 last year to 57 this year for an 23% rise but the sales are down from 51 to 44 for a 13% decline. The average sales price has gone up from $1,340,113 to $1,545,432 for a 15% drop.

For the PUD market on the East Side of Santa Barbara there have been 4 listing this year compared to 3 last year for a 33% rise and the escrows have gone from 1 to 1 for a 0% change while the sales went from 1 to 1 for no change. The average sales price last year for that sale was $965,000 while this year the averages price was $689,700 for a -28% change.