Weekly Snapshot Statistics - Santa Barbara Real Estate Market

For the last 4 weeks!

Beginning the week of 9/7/09-9/13/09:

42 new listings
45 price changes
35 sales pended (27 of these were under $1M)
28 closed
29 off market (15 expired, 11 canceled, 3 withdrawn)
14 back on market

At this point, we had 6.5 months of inventory for our Santa Barbara South County housing market (not including condos). Condos were at a 3.4 month level for months of inventory.
Goleta was at 3.4 months. Santa Barbara was at 5.6 months. Montecito was at 11.4 months. Carpinteria/Summerland was at 8.9 months.

For the week of 9/14/09-9/20/09:

41 new listings
55 price changes
42 sales pended (27 under $1M, 13 $1-2M, two $2-4M)
26 closed
26 off market (13 expired, 11 canceled, 2 withdrawn)
13 back on market

At this point, we had 5.8 months of inventory for our entire market (mobile homes, condos, houses, estates). 839 active properties. 144 pending properties. For properties under $1M, we had 3.3 months of inventory. The $1-2M range had 7.6 months of inventory. The $2-4M range had 13 months of inventory. The homes above $4M had 4 pendings in the 30 days prior to this week.

For the week of 9/21/09-9/27/09:

43 new listings
60 price changes
36 sales pended (27 under $1M, five $1-2M, one $2-4M, two $4-8M, one $8M+)
38 closed
24 off market (15 expired, 6 canceled, 3 withdrawn)
15 back on market

For the week of 9/28/09-10/04/09:

44 new listings
48 price changes
28 sales pended (22 under $1M, four $1-2M, one $2-4M, one $4-8M)
31 closed
46 off market (33 expired, 12 canceled, 1 withdrawn)
11 back on market