March 11, 2008

Goleta South for the first 2 Months of ’08 for Santa Barbara Real Estate area

For the Santa Barbara Real Estate area of Goleta Real Estate South for the first 2 months of ’07 in the Single Family Home market 12 homes closed escrow with a median sold price of $845,000 and an average sold price of $999,750. For ’08, 9 homes sold with a median sold price of $815,000 and an average sales price of $1,117,111. For ’07 30 homes came on the market with a median asking price of $899,000 and an average asking price of $1,007,716. For ’08 26new homes came on the market with a median list price of $800,000 and an average list price of $1,079,149. Also for ‘07 18 properties went into escrow, 1 was withdrawn from the market, 4 listings cancelled, 9 expired and 6 came back on the market. For ’08 14 homes went pending, 3 were withdrawn, 4 cancelled, 12 expired and 8 came back on the market. Currently there are 46 homes for sale in the area with a median list price of $875,000 and an average list price of $1,498,180.

For the Santa Barbara Real Estate area of Goleta Real Estate South for the first two months of ’07 in the Condo market 11 condos closed escrow with a median sold price of $605,000 and an average sold price of $591,500. For ’08, 7 condos sold with a median sales price of $590,000 and an average sales price of $577,285. For ’07 22 condos came on the market with a median asking price of $529,000 and an average asking price of $536,565. For ’08 24 condos came on the market with a median list price of $629,000 and an average list price of $589,750. Also for ‘07 12 properties went into escrow, 2 were withdrawn from the market, 5 listings cancelled, 10 expired and 3 came back on the market. For ’08, 30 condos went pending, 5 were withdrawn, 5 cancelled, 24 expired and 12 came back on the market. Currently there are 34 condos for sale in the area with a median list price of $574,000 and an average list price of $577,382.

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Posted by gandlwoods at March 11, 2008 06:55 AM