June 26, 2005

Santa Barbara Real Estate Comparison of this Year vs. Last for Goleta North

For the Santa Barbara Real Estate condo market in the Goleta North Area the number of listings are down -11% with 52 last year and 46 this year. Also the numbers of new listings are down with 48 last year and only 38 this year for a decrease of -20%. The number of sales is exactly what it was last year at 36 and the Average Sales price continues to surge with $545,413 last year and $658,660 this year for an increase of 20%.

In the Single Family dwelling market of Santa Barbara Real Estate’s Goleta North area listings are off slightly with 168 last year and 163 this year for a decrease of -2%. Also new listings are off slightly with 138 last year and 131 this year for a decrease of -5%. The numbers of sales however are slightly above last year’s pace with 99 this year as opposed to 94 last year for a 5% increase. The average sales price is also up only slightly with $1,129,856 last year as opposed to $1,180,426 this year for a 4% increase.

Posted by gandlwoods at June 26, 2005 07:24 AM