For Home Estate PUDs in the Goleta Real Estate South area of Santa Barbara Real Estate the sales are 3 behind of the numbers posted in ’07. This year there have been 14 sales compared to 17 that were posted last year. The Median Sales price is also down from the $850,000 number posted in ’07 compared to the current number of $787,500. The Average Sales price however tilts toward ’08 when we see a $1,113,367 number compared to $977,176 for ’07. In ’08 it has taken 83 days to get an accepted offer compared to ’07 when it took only 63 days.
For Condominiums for Goleta Real Estate South the numbers of has been 12 this year compared to the 19 of last year. But the Median Sales price this year is up to $602,500 compared to the ’07 Median Sales price of $560,000. The Average Sales price is also up this year to $592,666 compared to the ’07 number of $562,973. The Days on the Market has about 2 weeks in ’08 to 86 days compared to the 102 days it took in ’07.