For Home Estate PUDs in the Goleta Real Estate North area of Santa Barbara Real Estate there have been 7 fewer sales this year as opposed to last year. In 08 weve seen 49 properties close escrow as opposed to the 56 we saw last year. The Median Sales price has dropped over a hundred thousand to $810,000 this year compared to $950,000 last year. The Average Sales numbers are also quite dramatic. In 08 its been $1,006,330 compared to the 07 number of $1,258,397. The Days on the Market is very close however. In 08 it took 81 days to get an accepted offer compared to the 07 number of 79 days.
For Condominiums on the North Side of Goleta Real Estate things are dramatically different. For 08 weve seen only 10 sales compared to the 20 of last year. The Median Sales price has also dipped to $500,000 this year compared to the 07 number of $559,500. The Average Sales price is also rather different. This year its been $507,940 compared to the 07 average of $565,872. The real diversity however is the Days on the Market. For 08 its only taken an average of 44 days longer to get an accepted offer compared to the 07 number. This year the number has been 124 and last year it was 80. The only numbers which are rather close together are the Sales Price to Original List Price ratio. This year its been 92.5% and last year it was 95.04%.