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Santa Barbara Real Estate for Goleta North and the Gap between Median Sales and Median List Prices for 1/1/15 to 5/10/15

Submitted by Gary Woods on Sat, 05/23/2015 - 12:30

For Santa Barbara Real Goleta Real Estate North area for the Home Estate/PUD through 5/10/15 there have been 71 sales compared to 60 last year for an +18.3% rise and the median sales price rose from $813,325 last year to $877,000 for a +7.8% rise.

The median list price this year for $1,125,000 when compared to the median sold price of $877,000 gives us a -22.0% gap. Last year there was a $1,150,000 median list price and when compared to the median sold price of $813,325 gave us a -29.3% gap.

For the condo market in Goleta Real Estate North through 5/10/15 there were 17 sales this year compared to 24 last year for a -29.2% drop but the median sales price rose from $429,500 last year to $497,000 this year for an +15.7% rise.

This year the median list price of $424,500 compared to the median sold price of $497,000 gives us a positive gap of +17.1%. Last year the median list price of $445,900 and the median sold price of $429,500 gave us gap of -3.7%.