For the Santa Barbara Real Estate area of Goleta Real Estate North for the first 10 months of ’07 in the Single Family Home market 121 homes closed escrow with a median sold price of $949,000 and an average sold price of $1,197,046. 228 homes came on the market with a median asking price of $974,000 and an average asking price of $1,410,740. Also for that period 127 properties went into escrow, 24 were withdrawn from the market, 53 listings cancelled, 69 expired and 51 came back on the market. Currently there are 88 homes for sale in the area with a median list price of $975,000 and an average list price of $1,809,694.
For the Santa Barbara Real Estate area of Goleta Real Estate North for the first ten months of ’07 in the Condo market 39 condos closed escrow with a median sold price of $539,000 and an average sold price of $550,292. 64 condos came on the market with a median asking price of $569,000 and an average asking price of $598,436. Also for that period 39 properties went into escrow, 4 were withdrawn from the market, 18 listings cancelled, 25 expired and 10 came back on the market. Currently there are 23 condos for sale in the area with a median list price of $549,000 and an average list price of $564,191.