June 29, 2008

Goleta South from 1/1/2008 to 6/20/2008 for Price Range Statistics for Santa Barbara Real Estate

In the Goleta Real Estate South areas for 1/1/2008 to 6/20/2008 shows that there are currently 52 Home Estate/PUDs available with an average list price of $1.3 million. This inventory has remained relatively stable for the past few months. The highest priced property currently available can be had for $3,095,000 and the least expensive home is available for $550,000. The median list price has dipped below the $900,000 mark and shows up at just $899,000. The average market time for those 52 listings is 92 days.

At present there are 11 Home Estate in escrow in Goleta South with an average list price of $758,609. The highest listed price which is in escrow is just about at $1.1 million and the least expensive property in escrow is listed for $550,000. The median list price for the 11 homes is just below $700,000 and the average market time for those properties is 53 days.

Through ’08 so far 39 Home Estates have changed hands with an average sales price of about $950,000. The lowest priced home that has been sold this year is $600,000 with the median a little farther up at $780,000. For those homes that closed escrow the entire marketing time averaged 77 days.

Goleta Real Estate South the Price Range Statistics for Condominiums for this area of Santa Barbara Real Estate shows that there are currently 47 condos for sale which means that the condo inventory has about leveled off. The average list price for a Goleta South condo is $538,338 with the highest priced unit offered at $919,000. The least expensive condo in Goleta South can be purchased for $265,000 which gives us a median list price of $529,000 and an average market time of 106 days.

Right now there are 5 condos in escrow in Goleta South with an average list price of $453,000. The highest priced property in escrow tops the charts at $725,000 and the list expensive condo is listed for $309,000. The median list price for the 5 properties stands at $407,000 with average market time of 79 days.

So far this year 31 condos have changed hands in Goleta South with an average sales price of $570,467. The highest priced sale for the area shows up at $925,000 with the least expensive sale below $300,000 coming in at $265,000. The median sales price for the area is still a healthy $615,000.

Posted by gandlwoods at June 29, 2008 07:01 AM