For Home Estate PUDs in the Goleta Real Estate South area of Santa Barbara Real Estate the sales are only 1 behind the numbers posted in ’07. This year there have been 46 sales so far with a median sales price of $766,000 and an average sales price of $911,684. This drop in the median sales price is approximately 13% from the ’07 numbers and about 15% below the average sale for ’07. With the prices falling the Days on the Market has gone up to 73 from the 53 posted last year.
For Condominiums for Goleta Real Estate South the numbers of has been 32 sales this year compared to 43 last year at this time. This is a decline of about 25% year over year but the really interesting number is the median sales price which has risen about 15% from last year. The average sales price has also gone up but by a more modest 4.8%. The Days on the Market have definitely fallen however down to 59 which 19 days sooner than the ’07 number of 88.
Posted by gandlwoods at July 21, 2008 07:40 AM