For the Santa Barbara Real Estate area of a Goleta Real Estate South for the first 5 months of ’07 in the Single Family Home market 39 homes closed escrow with a median sold price of $857,500 and an average sold price of $1,045,192. 88 homes came on the market with a median asking price of $929,000 and an average asking price of $1,137,245. Also for that period 40 properties went into escrow, 4 were withdrawn from the market, 13 listings cancelled, 19 expired and 13 came back on the market. Currently there are 51 homes for sale in the area with a median list price of $969,000 and an average list price of $1,263,327.
For the Santa Barbara Real Estate area of a Goleta Real Estate South for the first five months of ’07 in the Condo market 32 condos closed escrow with a median sold price of $515,000 and an average sold price of $538,601. 57 condos came on the market with a median asking price of $549,999 and an average asking price of $558,804. Also for that period 36 properties went into escrow, 4 were withdrawn from the market, 9 listings cancelled, 18 expired and 12 came back on the market. Currently there are 31 condos for sale in the area with a median list price of $549,900 and an average list price of $579,170.