November 29, 2008

Goleta North Real Estate for Santa Barbara Real Estate for the 1st 10 Months of ’08

For the Goleta Real Estate North area of Santa Barbara Real Estate in the Home Estate/PUD market there have been 136 sales compared to 121 last year. This is a rise of 12.4% and the median sales price is down by 12% with the average sales price falling by 19%. The numbers of Homes entering escrow is up 7% but the median list price for those homes is down by 12.4%. Currently there are 49 Home Estate/PUDs available for purchase in Goleta North with a median list price of $1.179 million and an average list price of $2.399 million.

For the condo market in the Goleta Real Estate North area the story is a lot different. So far this year there have been 32 sales compared to 39 last year for an 18% decline. The median sales price has fallen 13% and the average sales price is down by 10.5%. The numbers of condos entering escrow is off by 10% while the median list price for those condos is down by 12%. Currently in Goleta North there are 17 condos available for purchase with a median list price of just $439,000 and an average list price of $481,405.

Posted by gandlwoods at November 29, 2008 07:31 AM