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West of State St from 1/1/15 to 8/14/15 compared to ’14 for the Santa Barbara area

Submitted by Gary Woods on Fri, 08/21/2015 - 12:30

The Condo market for the West of State St area Santa Barbara Real Estate the total numbers of listings through 8/14/15 is 144 up from 143 last year for a 0% rise. The numbers of escrows are up from 79 to 89 for a 12% rise but the sales are up from 68 to 84 for a 23% rise. The average sales price is up from $809,252 to $685,017 for a 15% 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 8/14/15 there have been 253 listings compared to 225 last year for a 12% rise. The numbers of escrows are up going from 147 to 182 for an 23% rise and the numbers of sales have gone up from 144 to 168 for a 16% rise. The average sales price is up from $1,066,074 last year to $1,274,900 for a 19% rise.

The PUD market for the Santa Barbara area of West of State St there have been 7 listings this year compared to 5 last year and there were 4 escrows this year compared to 3 last year and 5 sales last year compared to 3 sales this year. Those sales last year had an average sales price of $863,333 while the sales this year had an average sales price of $829,600.