For the Santa Barbara Real Estate area of Goleta Real Estate South for the first 8 months of ’07 in the Single Family Home market 58 homes closed escrow with a median sold price of $899,000 and an average sold price of $1,083,189. 120 homes came on the market with a median asking price of $899,000 and an average asking price of $1,078,228. Also for that period 56 properties went into escrow, 8 were withdrawn from the market, 24 listings cancelled, 28 expired and 22 came back on the market. Currently there are 55 homes for sale in the area with a median list price of $869,000 and an average list price of $1,143,812.
For the Santa Barbara Real Estate area of Goleta Real Estate South for the first seven months of ’07 in the Condo market 54 condos closed escrow with a median sold price of $531,000 and an average sold price of $555,012. 97 condos came on the market with a median asking price of $589,000 and an average asking price of $586,297. Also for that period 57 properties went into escrow, 10 were withdrawn from the market, 14 listings cancelled, 27 expired and 15 came back on the market. Currently there are 42 condos for sale in the area with a median list price of $635,000 and an average list price of $606,982.