For Goleta Real Estate North area of Santa Barbara Real Estate the Price Range Statistics for 1/1/2008 to 9/10/2008 for the Home Estate/PUD market there are currently 74 properties available with an average list price of just under $2 million. This amazing figure is counter balanced by the median list price of $989,500. With a $2 million list price average there have to be some very expensive homes on the market in the area and the top priced listing is $23.5 million but the least expensive home currently available is just $319,000.
With 74 Home Estate/PUDs currently available there are 26 that are now in escrow. The average list price for the properties in escrow is $746,300 but the median list price is about $100,000 south of that figure coming in at $659,900. The highest priced property in escrow right now stands about $1,850,000 while the least expensive home in escrow is listed for just $185,000.
Throughout ’08 there have been 108 closed escrows with an average sales price of just over $1 million. The median sales price is down about $150,000 from that figure standing at $850,000. The most expensive property that has completed the buying process this year went out at $3,740,000 while the least expensive property sold for just $265,000.
For the condo market in Goleta Real Estate North there are just 22 properties available right now with an average list price of $516,513 and a median list price of just under $500,000. Even the highest priced condo in Goleta North can be had for $769,000 while the least expensive property is listed at just $349,000.
With 22 properties currently listed there are 6 that are in escrow right now with an average list price of $416,983 and a median list price of $399,000. Even the most expensive property that is in escrow right now is listed at $449,000 while the least expensive property in escrow is just $374,900.
For Goleta North there have been 19 condos close escrow this year with an average sales price of $519,422 and a median sales price of $490,000. With only about $40,000 separating the median an average sales price you’d expect that the highest priced sale wouldn’t be too high and you’d be right. The most expensive condo that closed escrow thus far in ’08 closed at $745,000 but the least expensive sale went out at just $265,000.