For Home Estate PUDs in the Goleta Real Estate North area of Santa Barbara Real Estate there have been about 15% fewer sales this year as opposed to last year. This year there have been 124 and last year it was at 141. But unlike Goleta South on the North Side of the freeway the Median Sales price is up from $930,000 last year to $944,750 this year. To get your increase of $15,000 however you have to wait about two weeks longer because it has taken 72 days to go into escrow as opposed to 57 last year. The Sold Price to Original List price ratio is almost exactly where it was last year when it was 94.68 compared to this years 94.12. So overall its been a good news, bad news situation. There are fewer sales but the Median Sales Price is up.
For Condominiums on the North Side of Goleta Real Estate things are almost exactly where they were last year. There have been exactly the same numbers of sales with 40, but he Median Sales Price has fallen from $601,500 last year to $539,000 this year. To get your $62,000 fewer dollars you had to wait a little over a week less but I think you would have preferred waiting a little longer for more money. Overall things are about the same as they were last year on the North Side with exactly the same numbers of sales but a lower Median Sales price.