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East of State St from 1/1/14 to 12/10/14 compared to ’13 for the Santa Barbara area

Submitted by Gary Woods on Wed, 12/17/2014 - 13:30

For Condos in the Santa Barbara Real Estate area of East of State the total numbers of properties for sale this year through 12/10/14 is 204 up from 165 last year for a 23% rise. The numbers of escrows are up from 88 to 97 for a 10% rise and the numbers of sales are up from 90 to 95 for a 5% rise. The average sales price on those sales last year was $656,003 while the sales this year had an average sales price of $829,537 for a 26% rise.

The Home Estate market for the East of State St area of Santa Barbara Real Estate the total numbers of listings through 12/10/14 there have been 466 down from 484 for a 3% decline. The escrows are down with 313 last year to 292 this year for a 6% drop and the sales are down from 306 to 284 for a 7% decline. The average sales price has gone up from $1,193,980 to $1,386,816 for a 16% rise.

For the PUD market on the East Side of Santa Barbara there have been 10 listing this year compared to 13 last year for a 23% decline and the escrows have gone from 10 to 6 for a 25% drop while the sales went from 8 to 6 for a 25% drop. The average sales price last year for that sale was $943,375 while this year the averages price was $1,202,762 for a 27% rise.