For the Santa Barbara Real Estate area of Goleta Real Estate South for all of ’07 in the Single Family Home market 70 homes closed escrow with a median sold price of $894,000 and an average sold price of $1,104,607. 139 homes came on the market with a median asking price of $899,000 and an average asking price of $1,182,381. Also for that period 69 properties went into escrow, 11 were withdrawn from the market, 37 listings cancelled, 54 expired and 32 came back on the market. Currently there are 42 homes for sale in the area with a median list price of $875,000 and an average list price of $1,500,300.
For the Santa Barbara Real Estate area of Goleta Real Estate South for all of ’07 in the Condo market 73 condos closed escrow with a median sold price of $530,000 and an average sold price of $547,156. 118 condos came on the market with a median asking price of $575,000 and an average asking price of $569,826. Also for that period 70 properties went into escrow, 21 were withdrawn from the market, 22 listings cancelled, 56 expired and 30 came back on the market. Currently there are 32 condos for sale in the area with a median list price of $635,900 and an average list price of $608,553.