July 08, 2008

Santa Barbara Real Estate area of Goleta North for the Last 30 Days from May 26, ‘08 to June 26, ‘08

For Goleta Real Estate
in the Santa Barbara Real estate area for Home Estate/PUDs there were 18 sales for the period with a median sales price of $875,000 and an average sales price of $946,097. Last year for the same time period there were also 18 sales. But last year the median sold price was $1,054,000 and the average was $1,091,276. This year it took 15 days longer to get an accepted lower over than the period for last year. It took 68 days in ’08 compare d to 53 last year. There have been substantially more properties come on the market for the period this year. 34 new listings have materialized with a median list price of $935,000 and an average list price of $1,216,519. Last year 27 new listings came on the market with a median list price of $959,000 and an average list price of $1,187,757. The big diversity however is in the numbers of pending listings but not the diversity we’ve seen in other areas. This year we see 20 currently in escrow with a median list of $835,000 compared to last year when there were only ten with a median list price of $925,000. Currently there are 82 homes available in Goleta North with a median list price of $949,000 and an average list price of $1,615,841.

For condominiums in the Goleta Real Estate
North area of Santa Barbara Real estate there 3 condos close escrow for the period with a median sold price of $565,00 and an average sold price of $578,333. Last year at this time there was only 1 condo that closed escrow with a sold price of $620,000. The condos coming on the market are almost exactly the same for both years. This year there have been 8 with a median list price of $498,000 and an average list price of $556,612 compared to last year when 9 came on with a median list price of $555,500 and an average list price of $538,119. The pending numbers don’t reveal much diversity either. Last year at this time there were 3 condos in escrow with a median list price of $499,900 and this year there are 2 that went pending with a median list price of $475,000. Currently there are 28 condos available in the area with a median list price of $475,000 and an average list price of $542,582.


Posted by gandlwoods at July 8, 2008 09:24 AM