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Days on the Market 1-1-15 to 7-10-15 compared to last year for Goleta South

Submitted by Gary Woods on Sun, 07/19/2015 - 12:30

For Home Estate PUDs in the Goleta Real Estate South area of Santa Barbara Real Estate from 1-1-1-15 to 7-10-15 there have been 44 sales this year compared to 42 last year and the median sales price has gone up from $757,500 last year to $775,000 this year but the average sales price has gone down from $862,145 last year to $849,684 this year. Those 44 sales took on average 39 days to get an accepted offer and when you add in another 36 days of average escrow time you get a total average marketing time of 65 days.

For Condominiums for Goleta Real Estate South for the same time period there have been 65 sales this year compared to 38 last year. The median sales price has gone up from $485,000 to $570,000. The average sales price has also gone up from $515,114 to $605,356. Those 65 sales on average took 28 days to get an accepted offer and when you add in another 34 days of average escrow time you get a total marketing time of 62 days.