For Goleta Real Estate North area of Santa Barbara Real Estate the Price Range Statistics for 1/1/2008 to 3/15/2008 show that there are currently 78 Home Estate/PUDs on the market with an Average List Price of $1,516,049. The highest priced property currently listed comes in at a whopping $11,250,000 and the least expensive property shows up at JUST $265,000. With those extremes the Median List Price for the 78 current listings stands at $945,000.
Goleta North is not doing quite as well as Goleta South but we still see 30 Home Estates in escrow with an Average List Price of $945,953. The highest priced home that is now in escrow tops the list at $2,225,000 and the least expensive home that is currently pending is listed at $325,000. The Median List Price for those 30 Home Estates shows up at $850,000.
Even though the figures for ’08 are below the ’07 level we still see 44 properties that have closed escrow for an Average Sales Price of $1,027,296. The highest price Home Estate that has sold this year had a figure of $3,740,000 with the lowest priced home bottoming out at JUST $521,250. The Median Sales Price for the 44 homes has been $800,000 for ’08 which is below the ’07 number but above the homes that have closed in Goleta South.
For Goleta Real Estate North the Condo Price Range Statistics for Santa Barbara Real Estate there are currently 24 properties for sale with an Average Sales Price of $506,208. The most expensive condo currently listed stands at $759,000 and the least expensive condo shows up at $309,000 which gives us a Median List Price of ONLY $480,000 for the entire Goleta North area.
Currently there are just 8 properties in escrow with an Average List Price of $505,862. The most expensive condo now in escrow is JUST $749,000 and the least expensive condo that is pending shows up at JUST $260,000. With these lower numbers it is no wonder that the Median List Price for the area is below $500,000 and stands at $449,000.
Through all of ’08 we have seen only 10 condos close escrow in the Goleta South area with an Average Sales Price of $507,940. The most expensive condo for this year sold at $730,000 and the least expensive condo cost just $315,000. This means that the Median Sales Price for Goleta North is below $500,000 standing at $490,000.