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East of State St from 1/1/15 to 4/24/15 compared to ’14 for the Santa Barbara area

Submitted by Gary Woods on Mon, 05/04/2015 - 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 4/24/15 is 85 down from 98 last year for a 13% fall. The numbers of escrows are up from 31 to 60 for a 93% rise and the numbers of sales are up from 24 to 45 for an 87% rise. The average sales price on those sales last year was $763,875 while the sales this year had an average sales price of $816,218 for a 6% rise.

The Home Estate market for the East of State St area of Santa Barbara Real Estate the total numbers of listings through 4/24/15 there have been 227 up from 201 for a 12% rise. The escrows are up with 96 last year to 103 this year for an 7% rise and the sales are up from 77 to 87 for a 12% rise. The average sales price has gone up from $1,343,167 to $1,573,282 for a 17% rise.

For the PUD market on the East Side of Santa Barbara there have been 4 listing this year compared to 4 last year for a 0% change and the escrows have gone from 4 to 1 for a 75% decline while the sales went from 1 to 2 for a 100% rise. The average sales price last year for that sale was $965,000 while this year the averages price was $1,044,850 for an +8% rise.