October 17, 2008

Goleta/Santa Barbara North from August to September ’08

For Goleta Real Estate/Santa Barbara North for the Home Estate/PUD market there were 18 sales in August with a median sales price of $953,750 and an average sales price of $1,100,288. Whereas in September there were only 6 sales with a median sales price of $700,000 but an average sales price of $1,000,000. For both months there were 15 properties entering escrow with approximately the same median list price. For August it was $745,000 and in September it was $795,000. The numbers of new Home Estates coming on the market was approximately the same also. For August there were 17 new listings with a median list price of $879,000 and in September there were 15 new properties with a median list price of $949,000.

For the condo market in Goleta Real Estate/Santa Barbara North are there were 5 sales in September and just 3 in August. For August the median sales price was $430,000 with a $400,800 average whereas in September median sales price was $439,100 with a $519,460 average. For August there were 5 properties starting the buying process with a median list price of $435,000 and in September there were 7 that went into escrow with a median list price of $449,000. Both months had 5 condos come on the market but September had a median list price of $499,000 whereas August had a median list price of $374,900.

Posted by gandlwoods at October 17, 2008 09:05 AM