For the Santa Barbara Real Estate area of Goleta Real Estate
North for the first 6 months of 08 there have been 74 Home Estate/PUD sales compared to last year when there were 80. While the numbers arent quite as close as the sales figures for Goleta South we do see a rather dramatic drop in both the median and average sales amounts. In 08 the median sales price has been about $985,000 down from about $1.2 million in 07. The average was about $1.2 million for 07 and has slipped to about $985,000 in 08. The pending figures show a further tightening in the numbers of sales when compared to 07. For 08 there have been 85 properties go into escrow compared to 87 in 07. The median list price for those pending properties still who that approximately $150,000 drop in the median sales price. Currently there are 82 Home Estate/PUDs available in Goleta North with a median list price of about $950,000 and an average list price for about $1.6 million.
For the Santa Barbara Real Estate area of Goleta Real Estate
North for the first six months of 08 the gap in the numbers of sales compared to 07 is a lot wider than the home estate numbers. So far this year weve seen 16 properties close escrow with a median sales price of $500,000 and an average sales price of $512,462. For 07 the median sold price was $550,000 and average sales price was $544,000. The pending listings tell us that the numbers are going to get tighter together as far as numbers of units sold. For 08 weve had 17 condos go pending with a median list price of $519,000 and for 07 we had 22 condos go pending with a median list price of about $569,000. Right now there are 28 condos available in Goleta North with a median list price of $475,000 and an average list price of $534,367.