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East of State St from 1/1/15 to 6/19/15 compared to ’14 for the Santa Barbara area

Submitted by Gary Woods on Wed, 06/24/2015 - 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 6/19/15 is 118 down from 131 last year for a 19% fall. The numbers of escrows are up from 46 to 79 for a 71% rise and the numbers of sales are up from 43 to 73 for an 69% rise. The average sales price on those sales last year was $910,058 while the sales this year had an average sales price of $801,345 for an 11% fall.

The Home Estate market for the East of State St area of Santa Barbara Real Estate the total numbers of listings through 6/19/15 there have been 327 up from 274 for a 19% rise. The escrows are up with 141 last year to 168 this year for a 19% rise and the sales are up from 142 to 148 for a 4% rise. The average sales price has gone up from $1,405,125 to $1,611,037 for a 14% rise.

For the PUD market on the East Side of Santa Barbara there have been 5 listing this year compared to 6 last year for a 16% change and the escrows have gone from 4 to 3 for a 25% decline while the sales went from 3 to 4 for a 33% rise. The average sales price last year for that sale was $1,140,525 while this year the averages price was $968,675 for a 15% decline.