For the Santa Barbara Real Estate area of Goleta Real Estate South for the first 7 months of ’07 in the Single Family Home market 48 homes closed escrow with a median sold price of $874,500 and an average sold price of $1,068,802. 111 homes came on the market with a median asking price of $899,500 and an average asking price of $1,080,130. Also for that period 130 properties went into escrow, 7 were withdrawn from the market, 19 listings cancelled, 24 expired and 19 came back on the market. Currently there are 52 homes for sale in the area with a median list price of $869,000 and an average list price of $1,130,609.
For the Santa Barbara Real Estate area of Goleta Real Estate South for the first seven months of ’07 in the Condo market 48 condos closed escrow with a median sold price of $529,500 and an average sold price of $545,596. 84 condos came on the market with a median asking price of $575,000 and an average asking price of $586,130. Also for that period 49 properties went into escrow, 8 were withdrawn from the market, 12 listings cancelled, 24 expired and 14 came back on the market. Currently there are 39 condos for sale in the area with a median list price of $660,000 and an average list price of $614,697.