Santa Barbara Real Estate Comparison of this Year vs. Last for Carpinteria/Summerland Through December 30th ‘05

In the Carpinteria Real Estate/Summerland Real Estate area of Santa Barbara Real Estate for the Condo Market the number of total listings for ‘05 versus what was on the market last year at this time is up by 18 for a total of 146 properties currently listed and the New Listings that came on this year are up by 21 for a 17% increase. The number of sales however is down by 34 for a -30% decrease. Even though sales are off pretty dramatically for the area the Average Sales Price continues to rise. Last year at this time it was $608,347 and this year it’s up to $656,683 for an increase of 7%.

In the Single Family Home market for the Santa Barbara Real Estate area of CCarpinteria Real Estate/Summerland Real Estate there are 10 more properties on the market right now as opposed to last year for a total of 171, and there are more new listings this year with 136 for last year vs. 151 for this year. The sales just like Condos are down pretty dramatically with 71 this year vs. 107 last year for a -33% decrease. But the Average Sales Price is up dramatically from $1,749,261 last year to $2,306,259 this year for a 31% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerland Real Estate there 1 less property on the market right now as opposed to last year for a total of 6, but there are exactly the same number of new listing this year with 6 for last year vs. 6 for this year. The sales just like Condos are down with 4 this year vs. 5 last year for a -20% decrease. And the Average Sales Price is down from $1,064,980 last year to $891,000 this year for a -16% decrease.