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

Submitted by Gary Woods on Mon, 03/23/2015 - 12:30

The Condo market for the West of State St area Santa Barbara Real Estate the total numbers of listings through 3/14/15 is 61 up from 58 last year for an 5% rise. The numbers of escrows are up from 20 to 24 for a 20% rise and the sales are up from 12 to 23 for a 91% rise. The average sales price is up from $608,917 to $840,478 for a 38% 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 3/14/15 there have been 97 listings compared to 85 last year for a 14% rise. The numbers of escrows are up going from 45 to 49 for an 8% rise and the numbers of sales has gone down from 42 to 39 for a 7% fall. The average sales price is up from $1,069,357 last year to $1,466,124 for a 37% rise.

The PUD market for the Santa Barbara area of West of State St there have been 2 listings this year compared to 1 last year and there was 1 escrow this year compared to 1 last year and 2 sales last year compared to 3 sales this year. Those sales last year had an average sales price of $1,045,000 while the sales this year had an average sales price of $891,000.