For the Santa Barbara Real Estate area of Goleta Real Estate South for the first 9 months of ’07 in the Single Family Home market 62 homes closed escrow with a median sold price of $921,000 and an average sold price of $1,136,112. 128 homes came on the market with a median asking price of $899,000 and an average asking price of $1,098,324. Also for that period 61 properties went into escrow, 8 were withdrawn from the market, 28 listings cancelled, 37 expired and 25 came back on the market. Currently there are 52 homes for sale in the area with a median list price of $859,000 and an average list price of $1,159,248.
For the Santa Barbara Real Estate area of Goleta Real Estate South for the first nine months of ’07 in the Condo market 62 condos closed escrow with a median sold price of $543,450 and an average sold price of $563,827. 107 condos came on the market with a median asking price of $579,000 and an average asking price of $581,466. Also for that period 59 properties went into escrow, 12 were withdrawn from the market, 15 listings cancelled, 36 expired and 23 came back on the market. Currently there are 45 condos for sale in the area with a median list price of $619,000 and an average list price of $590,453.