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 138 and last year it was at 150. But unlike Goleta South on the North Side of the freeway the Median Sales price is up from $932,500 last year to $937,000 this year. An increase of $4,500 isn’t a whole lot, but I definitely wouldn’t turn it down. To get that $4,500 you have to wait an extra 14 days to get your home in escrow, but hey, $2,250 a week isn’t too bad a wage. The Sold Price to Original List price ratio is almost exactly where it was last year when it was 97.41% compared to this year’s 97.11%. So in boxing this would be a split decision. Sales are down, prices are up and the days on the market and Sales Price to Original List price ratio is almost dead even.
For Condominiums on the North Side of Goleta Real Estate things are almost the same. Sales are down with 43 this year vs. 51 last year. And the Median Sales price is down from $600,000 this year to $550,000 this year. And the Sales Price to Original List price ratio is up from 94.51% last year to 95.2% this year. The Days on the Market are almost exactly where they were also. Last year it took 70 Days to put your home in escrow and this year its taken 66. So definitely not a great year for Goleta North condos, with sales down, the median sales price down, but the Days on the Market are fewer and the Sales Price to Original List price ratio is up.