For the Santa Barbara Real Estate areas of Goleta Real Estate South for Single Family Homes there were 9 that closed escrow in the last 30 days with a Median Sales Price of $899,000 and an Average Sales Price of $931,555. 6 properties came on the market with a Median Asking Price of $999,000 and an Average Asking Price of $1,200,166. 2 properties are currently in escrow with a Median Asking Price of $878,000 and an Average Asking Price of $938,500. Currently there are 23 Single Family Residents for sale in the area.
For the Santa Barbara Real Estate areas of Goleta Real Estate South for Condominiums there were 6 that closed escrow in the last 30 days with a Median Sales Price of $589,000 and an Average Sales Price of $565,416. 7 properties came on the market with a Median Asking Price of $689,000 and an Average Asking Price of $660,714. 7 properties are currently in escrow with a Median Asking Price of $589,000 and an Average Asking Price of $569,285. Currently there are 28 Condominiums for sale in the area.
So with this data could we assume that the market is significantly slowing in the Santa Barbara area? We are finding a lot more inventory down here in San Diego and it appears to be happening accross the state.
-Ryan
www.4mysales.com