Monday, September 21, 2009

Weekly Real Estate Snapshot: 9/14 - 9/20 2009

September 14 - 20 , 2009:

New Listings: 41
Price Improvements: 55
Pending: 42 (6 per day!) breaks down to:
     under $1 million:27
     $1-2 million: 13
     $2-4 million: 2
     $4-8 million: 0
     $8 million+:0
Closed: 26
Off Market: 26
Back On Market: 13

**Overall in the Santa Barbara market from Carpinteria to Goleta including single family residences, mobile homes and estates, there is 5.8 months of inventory and in the sub $1 million market, there is 3.3 months of inventory.
***There are a total of 839 active listings.  144 properties have gone pending in the last 30 days.