For the Santa Barbara Real Estate area of Goleta Real Estate South for the first month of ’07 in the Single Family Home market 6 homes closed escrow with a median sold price of $852,000 and an average sold price of $953,833. For ’08 6 homes closed escrow with a median sold price of $922,500 and an average sold price of $1,044,000. For ’07 15 homes came on the market with a median asking price of $899,000 and an average asking price of $1,072,391. For ’08 13 homes came on the market with a median asking price of $857,000 and an average asking price of $1,004,990. For ’07 11 properties went into escrow, 1 was withdrawn from the market, 2 listings cancelled, 5 expired and 4 came back on the market. For ’08 41 properties went into escrow, 0 were withdrawn from the market, 2 listings cancelled, 6 expired and 2 came back on the market. Currently there are 48 homes for sale in the area with a median list price of $875,000 and an average list price of $1,464,320.
For the Santa Barbara Real Estate area of Goleta Real Estate South for the first month of ’07 in the Condo market 6 condos closed escrow with a median sold price of $620,751 and an average sold price of $604,750. For ’08 4 condos closed escrow with a median sold price of $580,000 and an average sold price of $581,250. For ’07 17 condos came on the market with a median asking price of $499,000 and an average asking price of $526,173. For ’08 11 condos came on the market with a median asking price of $630,000 and an average asking price of $624,809. For ’07 5 properties went into escrow, 2 were withdrawn from the market, 5 listings cancelled, 7 expired and 1 came back on the market. For ’08 7 properties went into escrow, 0 were withdrawn from the market, 1 listing cancelled, 8 expired and 0 came back on the market. Currently there are 35 condos for sale in the area with a median list price of $634,000 and an average list price of $607,222.