For the Santa Barbara Real Estate area of Goleta Real Estate North for the first 4 months of 08 for Home Estate/PUDs we have seen 42 sales and in 07 that number was 50. The Median Sales Price for 08 has been $805,000 and in 07 that number was $943,250. The difference between this year and last for homes going into escrow is last year at this time 61 has gone pending and last year that number was 55. But last year the median list price was $995,000 and this year the number is $850,000. The days on the market are very closer however. In 08 it has taken 80 days to get an accepted offer and in 07 that number was 84. For homes coming on the market the numbers are also very close. In 08 weve seen 105 new enter the market place with a Median List Price of $935,000 and in 07 there were 98 that came on the market with a Median List Price of 999,998.
For the Santa Barbara Real Estate area of Goleta Real Estate North for the first four months of 07 in the Condo market there were 17 sales at this time compared to the 08 number of 10. The Median Sales Price last year was $550,000 and this year its been $500,000. For the condos going into escrow the numbers are much closer together. In 07 16 had entered escrow with a Median List Price of $570,000 and in 08 that number has been 14 with a Median List Price of $519,500. Coming on the market the numbers are also rather close together. In 08 weve seen 32 new condos come on the market and in 07 there were 28. The Median List Price last year was $570,000 and in 08 the Median List Price has been $519,500. The days on the market are the widest chasm of all. In 08 it has taken 124 days to get an accepted offer and in 07 that number was 83.
Posted by gandlwoods at May 11, 2008 07:04 AM