New Listings: 42
Price Improvements: 22
Pending: 24 breaks down to:
under $1 million: 18
$1-2 million: 4
$2-4 million: 2
$4-8 million: 0
$8 million+: 0
Closed: 25
Off Market (expired, canceled, withdrawn): 33
Back On Market:10
Data From Santa Barbara MLS and excludes mobile homes.
Currently there are 487 homes and PUD's (Planned Unit Developments) active in the South Coast which equates to a 9 month inventory. There were 443 active properties one month ago, so inventory has grown.
In Goleta there is a 7 month inventory and one month ago there were 4 months of inventory.
In Santa Barbara there is a 5 month inventory and a month ago there was a 7 month supply.
In Montecito there are currently 20 months of inventory.
