For Home Estate PUDs in the Goleta Real Estate South area of Santa Barbara Real Estate the sales are about 10% behind of where they were in 06 with 77 last year and 68 this year. The Median Sales Price is about where it was with $915,000 last year vs. $899,000 this year. In order to get your $16,000 less for the sale of your house you do have to wait one week longer. In 06 the Days on the Market was 54 and this year its 61. The Sales Price to Original List price ratio is much better than last year when it was 86.63 compared to this years number of 95.36. Basically things are about where they were last year at this time with slightly fewer sales, a slightly lower median sales price and slightly longer Days on the Market.
For Condominiums for Goleta Real Estate South the numbers of sales is up by about 10%. Last year there were 56 sales and this year there have been 66. The Median Sold price is down however just like Home Estate from $579,250 last year to $534,500 this year. The Sales Price to Original List price ratio widened out a little this year to 94.55 from 96.7 last year and it took almost a week longer for your home to go into escrow. Last year it took 64 days this year its at 70. So just like Home Estate were about where we were last year. The big difference is the increase in the numbers of sales from 06.