Friday, May 2, 2008

I Am Anxiously Awaiting Aprils Numbers

I have been receiving a weekly update from CORT and through the 25th of April the numbers are looking pretty good.

Pretty good in comparison to some of the past months. The Santa Barbara area has 116 recorded sales as of that date.

There was a very nice one for over 26 million and a few around the 8 or 9 million dollar price point. I looked quickly, but they seemed to all be residential property.

If you do the math, the number of sales should be over 150 for April. That would mean the market is showing continued signs of doing better. March had 122 sales which was an improvement over the previous months.

It will be interesting to see the breakdown of sales and where they are. Montecito, Carpinteria, Santa Barbara and Goleta I would all expect to show a pick up. Stay Tuned!

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