For the Santa Barbara Real Estate area of Goleta Real Estate South for the first 3 months of ’07 in the Single Family Home market 21 homes closed escrow with a median sold price of $850,000 and an average sold price of $1,004,047. 50 homes came on the market with a median asking price of $929,000 and an average asking price of $1,127,859. Also for that period 25 properties went into escrow, 3 were withdrawn from the market, 7 listings cancelled, 9 expired and 7 came back on the market. Currently there are 35 homes for sale in the area with a median list price of $949,000 and an average list price of $1,299,671.
For the Santa Barbara Real Estate area of Goleta Real Estate South for the first three months of ’07 in the Condo market 18 condos closed escrow with a median sold price of $544,500 and an average sold price of $560,416. 36 condos came on the market with a median asking price of $539,000 and an average asking price of $551,293. Also for that period 20 properties went into escrow, 2 were withdrawn from the market, 6 listings cancelled, 12 expired and 6 came back on the market. Currently there are 31 condos for sale in the area with a median list price of $525,000 and an average list price of $535,203.