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Daniel Encell's
Quarterly Real Estate Update
~ Archives ~

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%)

 

 

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