November 29, 2007

Santa Barbara Real Estate area of Goleta North for the Last 30 Days from October 17 to November 17

For Goleta Real Estate North in the Santa Barbara Real estate area for Home Estate/PUDs there were 10 properties close escrow in the last 30 days. In September/October for the same period there was just one more of 6. Currently the Median sales price for homes in the area is $792,250 and two months ago it was only slightly more at $904,945. During the last 30 days 9 homes entered escrow as opposed to 13 properties 2 months ago. At the time those 9 properties entered escrow the Median Asking price was $895,000 and now it has slid slightly to $792,250. Currently there are 85 Home Estates available in Goleta South and in September/October there were 78. The Median Asking price two months ago was $995,000 and now it is slightly lower at $959,000.

For condominiums in the Goleta Real Estate North area of Santa Barbara Real estate there were 4 that closed escrow in October/November. In September/October there were 2. The Median Sales price of the 2 was $760,500 and now it’s fallen to $485,000. Also during September/October 4 Condos went into escrow while in October/November 5 entered escrow. The inventory has remained almost exactly where it was for the past two months. In September/October there were 16 condos for sale and currently there are 24. Two months ago the Median Listing price was $549,000 and currently it is 515,000.

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Posted by gandlwoods at November 29, 2007 08:34 AM