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Carpinteria/Summerland from 1/1/14 to 12/10/14 compared to ’13 for the same period for the Santa Barbara area

Submitted by Gary Woods on Mon, 12/15/2014 - 13:30

The Condo market for the Carpinteria/Summerland area of Santa Barbara the inventory through 12/10/14 there have been 80 listings this year compared to 97 last year for a 17% drop and escrows are down with 75 in ’13 and 51 in ’14 for a 32% fall. Sales are down from 81 to 41 for a 49% decline while the average sales price is up from $471,896 to $534,640 for a 13% rise.

For Home Estates in the Santa Barbara area of Carpinteria/Summerland the numbers of listings through 12/10/14 have been 161 compared to last year when there were 183 for a 12% decline. The numbers of escrows are down from 106 last year to 88 for a 16% fall this year and the numbers of sales are down from 101 to 82 for an 18% fall and the average sales price is up from $1,507,905 last year to $2,213,290 this year for an 46% rise.

The PUD market for the Santa Barbara area of Carpinteria/Summerland the overall inventory through 12/10/14 there have been 7 listings compared to 6 last year. The escrows are equal from 4 to 4 and sales are up from 4 to 5. Last year that average sales price was $545,750 and this year the average sales price is $629,000.