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Carpinteria/Summerland from 1/1/15 to 4/24/15 compared to ’14 for the same period for the Santa Barbara area

Submitted by Gary Woods on Sat, 05/02/2015 - 12:30

The Condo market for the Carpinteria Real Estate/Summerland Real Estate area of Santa Barbara the inventory through 4/24/15 there have been 45 listings this year compared to 33 last year for a 36% rise and escrows are up with 16 in ’14 and 37 in ’15 for a 131% rise. Sales are up from 13 to 33 for a 153% rise while the average sales price is down from $538,231 to $482,530 for a 1% decline.

For Home Estates in the Santa Barbara area of Carpinteria Real Estate/Summerland Real Estate the numbers of listings through 4/24/15 have been 83 compared to last year when there were 70 for an 18% rise. The numbers of escrows are up from 27 last year to 40 for a 48% rise this year and the numbers of sales are up from 17 to 30 for an 76% rise and the average sales price is up from $1,859,514 last year to $2,903,508 this year for an 56% rise.

The PUD market for the Santa Barbara area of Carpinteria/Summerland the overall inventory through 4/24/15 there have been 10 listings compared to 3 last year. The escrows are up from 1 to 5 and sales are down from 2 to 1. Last year that average sales price was $662,500 and this year the average sales price is $795,000.