Third Quarter, 1995
Below is my Santa Barbara market update- my summary of residential statistical information reported through the Santa Barbara MLS through the third quarter of 1995. Sales activity is off almost 30% compared with 1994. However, sales activity for Montecito was up for the month of September. Hopefully this trend will continue.
| # of Residential Units Sold by Price Range |
1994 |
1995 |
| Under $200,000 |
97 |
66 |
| $200,000-399,000 |
643 |
453 |
| $400,000-599,999 |
186 |
116 |
| $600,000-799,999 |
66 |
55 |
| $800,000-999,999 |
41 |
26 |
| $1,000,000-1,999,999 |
46 |
41 |
| $2,000,000-2,999,999 |
3 |
7 |
| $3,000,000 & Up |
4 |
3 |
| Total Listings |
1857 |
1755 (-5.5%) |
| Total Sales |
1086 |
767 (-29.4%) |
|
