You are here

Santa Barbara Real Estate for Goleta South and the Gap between Median Sales and Median List Prices for 1/1/15 to 6/26/15

Submitted by Gary Woods on Sat, 07/04/2015 - 12:30

For Santa Barbara Real Goleta Real Estate South area for the Home Estate/PUD through 6/26/15 there have been 41 sales compared to 40 last year for a 2.5% rise and the median sales price went up from $750,000 last year to $777,000 for a +3.6% rise.

The median list price this year for $1,004,750 when compared to the median sold price of $777,000 gives us a -22.7% gap. Last year there was a $730,450 median list price and when compared to the median sold price of $750,000 gave us a +2.7% positive gap.

For the condo market in Goleta Real Estate South through 6/26/15 there were 61 sales this year compared to 32 last year for a 90.6% rise and the median sales price rose from $485,000 last year to $591,000 this year for a +21.9% rise.

This year the median list price of $612,500 compared to the median sold price of $591,000 gives us a gap of -3.5%. Last year the median list price of $479,000 and the median sold price of $485,000 gave us a positive gap of +1.3%.