For the Santa Barbara Real Estate area of Goleta Real Estate South for the first 11 months of ’07 in the Single Family Home market 69 homes closed escrow with a median sold price of $899,000 and an average sold price of $1,108,405. 136 homes came on the market with a median asking price of $899,000 and an average asking price of $1,175,306. Also for that period 67 properties went into escrow, 10 were withdrawn from the market, 31 listings cancelled, 49 expired and 30 came back on the market. Currently there are 52 homes for sale in the area with a median list price of $925,000 and an average list price of $1,424,890.
For the Santa Barbara Real Estate area of Goleta Real Estate South for the first eleven months of ’07 in the Condo market 68 condos closed escrow with a median sold price of $536,500 and an average sold price of $558,948. 108 condos came on the market with a median asking price of $575,000 and an average asking price of $574,460. Also for that period 66 properties went into escrow, 18 were withdrawn from the market, 22 listings cancelled, 52 expired and 29 came back on the market. Currently there are 31 condos for sale in the area with a median list price of $589,900 and an average list price of $592,570.