February 25, 2008

Goleta North ’07 to ’08 cumulative numbers plus, Days on the Market through 2/14

For Home Estate PUDs in the Goleta Real Estate North area of Santa Barbara Real Estate there have been 3 more sales this year as opposed to last year. This year there have been 14 and last year it was at 11. Median Sales price is down from $915,000 last year to $760,000 this year. The Sold Price to Original List price ratio is down where it was last year when it was 97.73% compared to this year’s 94.18%. And Days on the Market have stretched out this year from 60 in ’07 to 85 this year.

For Condominiums on the North Side of Goleta Real Estate things are dramatically different. Sales are down with 3 this year vs. 7 last year. And the Median Sales price is down from $532,500 last year to $470,000 this year. The Sales Price to Original List price ratio is up slightly from 96.12% last year to 97.78% this year. The Days on the Market have come down considerably this year from 71 in ’07 to the current 43.

Please give a listen to our podcasts at Santa Barbara Real Estate Podcasts


Posted by gandlwoods at February 25, 2008 07:44 AM