For Home Estates in the Goleta Real Estate South area of Santa Barbara Real Estate we have seen 61 sales currently as opposed to 47 two months ago. This is about at the percentage we’ve seen for the year. We also see a rise in the Median Sales price from $889,000 in July to the current $919,000. There has also been a rather substantial rise in the Average Sales price to $1,129,098 currently as opposed to $1,074,521 two months ago. The numbers that have remained solid throughout the year are the Sales Price to Original List price ratio at about 96.5% and the Days on the Market which has been exactly 53 throughout the year.
For Goleta Real EstateSouth Condos the numbers have started to accelerate from 44 Condos through July to the 59 through September. With this surge of sales we’ve seen a very slight increase in the Median and Average Sold prices. The Median Sales price was $527,000 two months ago and now it’s at $532,000. The Average Sales price was $552,426 through July and through September it’s been $559,106. The Sales Price to Original List price ratio has varied only slightly. In July it was at 93.59% and now it’s increased to 94.28%. The Days on the Market has declined from 86 two months ago to the current 72. This means it takes about 2 weeks less to get your condo into escrow than it did previously.