October 30, 2007

Santa Barbara Real Estate area of Goleta South for September 21 through October 21

In the Santa Barbara Real Estate are of Goleta Real Estate South for the Home Estate/PUD market there were 2 homes that closed escrow in the last 30 days. For the same period 2 months ago there were 9 properties. The Median Sales price of those 2 homes was $1,052,500 as opposed to two months ago when the Median Sales price was $1,095,000. During that same period in August and September there were 6 properties that entered escrow and currently there are 3. The Median asking price of those 3 homes is $849,000 and in September it was $859,000. The current inventory in Goleta South shows us 42 Home Estates and in September there were 51 properties available. The current Median List price is $899,900 and two months ago it was very similar at $859,000.

For Condominiums in the Goleta Real Estate South area of Santa Barbara Real Estate there were 3 that closed escrow in September and October as opposed to 8 in August and September. The Median sales price currently is $441,250 and two months ago it was $617,000. In the last month 5 properties entered escrow as opposed to 5 in August/September. But the inventory has decreased from 47 in August/September to the current 31. The Median asking price currently is $619,000 which is up from where it was two months ago at $599,999.

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Posted by gandlwoods at October 30, 2007 07:06 AM