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

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

The Condo market for the West of State St area Santa Barbara Real Estate the total numbers of listings through 4/24/15 is 83 up from 80 last year for an 3% rise. The numbers of escrows are even from 40 to 40 for a 0% change but the sales are up from 27 to 34 for a 25% rise. The average sales price is down from $816,620 to $793,824 for a 2% decline.

For Home Estates in the Santa Barbara Real Estate area of West of State the total homes that have been on the market through 4/24/15 there have been 137 listings compared to 126 last year for an 8% rise. The numbers of escrows are up going from 70 to 91 for an 30% rise and the numbers of sales have gone up from 83 to 68 for a 7% rise. The average sales price is up from $1,087,032 last year to $1,268,931 for a 16% rise.

The PUD market for the Santa Barbara area of West of State St there have been 3 listings this year compared to 4 last year and there were 3 escrows this year compared to 2 last year and 4 sales last year compared to 2 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 $843,250.