November 28, 2007

Santa Barbara Real Estate area of Goleta South for October 17 through November 17

In the Santa Barbara Real Estate are of Goleta Real Estate South for the Home Estate/PUD market there were 5 homes that closed escrow in the last 30 days. For the same period 2 months ago there were 2 properties. The Median Sales price of those 5 homes was $790,000 as opposed to two months ago when the Median Sales price was $1,052,500. During that same period in September and October there were 3 properties that entered escrow and currently there are 4. The Median asking price of those 4 homes is $799,000 and in October it was $839,000. The current inventory in Goleta South shows us 52 Home Estates and in October there were 46 properties available. The current Median List price is $899,999 and two months ago it was $925,000.

For Condominiums in the Goleta Real Estate South area of Santa Barbara Real Estate there was 1 that closed escrow in October and November as opposed to 7 in September and October. The Median sales price currently is $580,000 and two months ago it was $565,000. In the last month 1 property entered escrow as opposed to 6 in September/October. But the inventory has decreased from 40 in September/October to the current 37. The Median asking price currently is $599,999 which is exactly the same as where it was two months ago.

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Posted by gandlwoods at November 28, 2007 09:03 AM