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Carpinteria/Summerland from 1/1/15 to 8/14/15 compared to ’14 for the same period for the Santa Barbara area

Submitted by Gary Woods on Tue, 08/18/2015 - 12:30

The Condo market for the Carpinteria Real Estate/Summerland Real Estate area of Santa Barbara the inventory through 8/14/15 there have been 87 listings this year compared to 57 last year for a 52% rise and escrows are up with 26 in ’14 and 71 in ’15 for a 173% rise. Sales are up from 28 to 64 for a 128% rise while the average sales price is down from $547,331 to $520,375 for a 4% decline.

For Home Estates in the Santa Barbara area of Carpinteria Real Estate/Summerland Real Estate the numbers of listings through 8/14/15 have been 133 compared to last year when there were 120 for a 10% rise. The numbers of escrows are up from 54 last year to 76 for a 40% rise this year and the numbers of sales are up from 47 to 65 for an 38% rise but the average sales price is down from $2,634,003 last year to $2,149,161 this year for an 18% drop.

The PUD market for the Santa Barbara area of Carpinteria/Summerland the overall inventory through 8/14/15 there have been 14 listings compared to 5 last year. The escrows are up from 2 to 7 and sales are up from 2 to 7. Last year that average sales price was up from $662,500 to $660,357.