October 31, 2007

Santa Barbara Real Estate area of Goleta North for the Last 30 Days from September 21 to October 21

For Goleta Real Estate North in the Santa Barbara Real estate area for Home Estate/PUDs there were 6 properties close escrow in the last 30 days. In August/September for the same period there was just one more of 11. Currently the Median sales price for homes in the area is $904,945 and two months ago it was only slightly more at $889,000. During the last 30 days 12 homes entered escrow as opposed to 5 properties 2 months ago. At the time those 5 properties entered escrow the Median Asking price was $969,000 and now it has slid slightly to $879,000. Currently there are 90 Home Estates available in Goleta South and in August/September there were 89. The Median Asking price two months ago was $995,000 and now it is slightly lower at $950,000.

For condominiums in the Goleta Real Estate North area of Santa Barbara Real estate there were 3 that closed escrow in September/October. In August/September there were 8. The Median Sales price of the 8 was $515,500 and now it’s risen to $750,000. Also during August/September 5 Condos went into escrow while in September/October 3 entered escrow. The inventory has remained almost exactly where it was for the past two months. In August/September there were 24 condos for sale and currently there are 23. Two months ago the Median Listing price was $549,000 and currently it is exactly the same.

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Posted by gandlwoods at October 31, 2007 08:18 AM