August 20, 2008

Santa Barbara Real Estate area of Goleta North for the Last 30 Days from July 9, ‘08 to August 9, ‘08

For Goleta Real Estate North in the Santa Barbara Real estate area for Home Estate/PUDs there were 15 sales for the period with a median sales price of $857,000 and an average sales price of $1,009,500. Last year for the same time period there were also 13 sales. But last year the median sold price was $925,000 and the average was $1,162,961. The numbers of properties going into escrow has rise from 14 last year to 21 this year but the median list price for those Home Estates entering escrow has fallen from $905,000 last year to $699,000 this year. The numbers of new properties coming on the market has gone down from 28 last year to 21 this year but the average list price of those 21 has come down only slightly to a median list price of $925,000 from $949,000 last year. Currently there are 75 Home Estate/PUDs on the market in Goleta North with a median list price of $950,000 and an average list price of $1,603,898.

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 $435,500 and an average sold price of $459,300. Last year at this time there were only 2 condos that closed escrow with a median and average sold price of $582,500. 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 $482,500 and an average list price of $528,850 compared to last year when 9 came on with a median list price of $545,000 and an average list price of $644,322. The pending numbers are up however from last year when there were 6 condos in escrow to the current 8. But the median list price has declined markedly from $518,875 last year to the current $440,000. Right now there are 24 condos available in Goleta North with a median list price of $498,000 and an average list price of $513,091.


Posted by gandlwoods at August 20, 2008 08:46 AM