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

Submitted by Gary Woods on Thu, 12/18/2014 - 13:30

The Condo market for the West of State St area Santa Barbara Real Estate the total numbers of listings through 12/10/14 is 167 up from 191 last year for a 14% rise. The numbers of escrows are up from 108 to 123 for a 13% rise and the sales are up from 105 to 114 for an 8% rise. The average sales price is up from $622,487 to $790,554 for a 26% rise.

For Home Estates in the Santa Barbara Real Estate area of West of State the total homes that have been on the market through 12/10/14 there have been 328 listings compared to 362 last year for a 9% drop. The numbers of escrows are down going from 275 to 228 for a 17% fall and the numbers of sales has gone down from 263 to 219 for a 16% fall. The average sales price is up from $993,743 last year to $1,176,542 for an 18% rise.

The PUD market for the Santa Barbara area of West of State St there have been 7 listings this year compared to 6 last year and there were 4 escrows this year compared to 5 last year and 4 sales last year compared to 6 sales this year. Those sales last year had an average sales price of $726,650 while the sales this year had an average sales price of $787,000.