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(Computer Originated County Recordings)
The market has definitely heated up. We could start "feeling" the
activity in December, as the chart shows. Spring is the typical
selling season, although in Santa Barbara we see sales spread over the
entire year, due to our favorable climate. However, as the chart
shows, June slows down some, also quite typical, as school is out
and vacation time starts occupying people's attention.
Listing inventory is down, which is not typical. However, the best
buys on the low rung have sold, so the next level steps up the
price range, and with new inventory lagging, we may see a small
bump in prices as competition for the best buys continues.
New Listings, year-to-date (Inventory)
(information from SB MLS)
TYPE: Home/Estate
|
|||||||
Total Active
|
New Listings
|
||||||
District
|
Last Year
|
This Year
|
PCT
|
Last Year
|
This Year
|
PCT
|
|
05 -
CARPINTERIA-SUMMERLAND
|
155
|
108
|
-30
|
102
|
66
|
-35
|
|
10 - MONTECITO
|
411
|
401
|
-2
|
244
|
244
|
0
|
|
15 - SB/EAST OF
STATE
|
387
|
336
|
-13
|
282
|
234
|
-17
|
|
20 - SB/WEST OF
STATE
|
249
|
248
|
-0
|
176
|
178
|
+1
|
|
25 - HOPE RANCH
|
56
|
51
|
-8
|
37
|
33
|
-10
|
|
30 - SB/GOL SOUTH
|
126
|
111
|
-11
|
88
|
85
|
-3
|
|
35 - SB/GOL NORTH
|
234
|
205
|
-12
|
156
|
149
|
-4
|
|
TYPE: Condo/Co-Op
|
|||||||
Total Active
|
New Listings
|
||||||
District
|
Last Year
|
This Year
|
PCT
|
Last Year
|
This Year
|
PCT
|
|
05 -
CARPINTERIA-SUMMERLAND
|
83
|
55
|
-33
|
52
|
42
|
-19
|
|
10 - MONTECITO
|
46
|
49
|
+6
|
26
|
31
|
+19
|
|
15 - SB/EAST OF
STATE
|
109
|
146
|
+33
|
77
|
112
|
+45
|
|
20 - SB/WEST OF
STATE
|
100
|
75
|
-25
|
66
|
51
|
-22
|
|
30 - SB/GOL SOUTH
|
64
|
54
|
-15
|
47
|
42
|
-10
|
|
35 - SB/GOL NORTH
|
40
|
58
|
+45
|
32
|
45
|
+40
|
|
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