In the Goleta Real Estate South areas for 1/1/2008 to 3/15/2008 show that there are currently 47 Home and Estate/PUDs on the market. The highest priced listing is $15,000,000 with the least expensive home listed for $550,000. The $15 Million listing definitely tilts the average list price which shows up at $1,524,948 compared to the median list price of a more accurate $925,000. The average market time on these 47 homes is currently at 122 days.
Currently there are 12 properties in escrow in Goleta South with the highest listed property at $1,687,000 and the least expensive home showing up at $679,000. The average price of the homes in escrow is $867,391 with the median trending down to $750,000. Average time for those 12 properties to get into escrow has been 90 days.
In Goleta South for 2008 there have been 14 properties closed escrow. The highest priced home that closed was at $2,525,000 with the least expensive property closing at $615,000. With the over $2 Million sale dragging up the average to $1,113,357 we get a more accurate picture of the area with the $785,000 median sales price and the average market time of 83 days.
Goleta Real Estate South the Price Range Statistics for Condominiums for this area of Santa Barbara Real Estate shows that there are currently 33 condos on the market. The highest priced condo is listed at $925,000 and the least expensive property listed at $279,000. Even so the average for the area is $583,872 and the median is right up there at $589,900. For those 33 condos the average market time stands at 77 days.
14 condos are now in escrow for the Goleta South area. The highest priced listing is $740,000 with the lowest priced condo showing up at $274,900. For the pending properties the average list price is $555,092 and the median list price is slightly higher at $600,000. The average market time is slightly over 2 months at 66 days.
For Sales in Goleta South area for condos in 2008 there have been 11 properties close escrow. The most expensive condo sold in the area in 2008 stands at $925,000 with lowest priced condo closing at $288,000. With this wide diversity of numbers amazingly the average and median numbers are rather close. The average sales price for the area has been at $612,090 and the median sales price is only $3,000 different at $615,000. Average market time for those 11 homes has been 79 days.
Posted by gandlwoods at March 26, 2008 08:22 AM