In the Santa Barbara Real Estate are of Goleta Real Estate South for the Home Estate/PUD market there were 8 that closed escrow. The Median Sold Price slid down however to $743,000 with the Average remaining strong at $959,125. The Sales Price to Original List Price ratio was also high at 95.32% with the Days on the Market remaining steady at 69. Coming on the market were 12 new listings with a Median List Price of $839,000 and an Average List Price of $1,101,733. Replacing the 8 sold properties were 8 that entered escrow. Those entering escrow slid up to a Median List Price of $839,000 and an Average List Price of $1,131,975. Currently there are 49 Home Estate/PUDs active in the area with a Median List Price of $899,000 but an Average List Price of $1,460,395. Those 128 Homes have an Average Days on the Market of 128.
For Condominiums in the Goleta Real Estate South area of Santa Barbara Real Estate there were 9 that closed escrow with a Median Sold Price of $620,000 and an Average Sold Price of $586,833. The Sales Price to Original List Price ratio has remained high at 93.46% and the Days on the Market have slid down to 55. Coming on the market were 8 Condos during the same period with a Median List Price of $515,000 and an Average List Price of $601,987. Unfortunately replacing the 9 closed condos were only 4 that went into escrow. The properties entering escrow had a Median List Price of $629,000 and an Average List Price of $547,475. The good news is that it took only 41 days for those condos to go into escrow. Currently there are 37 units available with a Median List Price of $574,000 and an Average List Price of $585,115. Those 37 Condos have an average days on the market of 84.