For the Goleta Real Estate North area of Santa Barbara Real Estate the Home Estate/PUD market there have been 140 sales through the end of November with a median sales price of $832,500. This compares to last year when there were 131 sales with a median sales price of $942,000. Through the first eleven months 146 Home Estate/PUDs entered escrow with a median list price of $824,900 whereas in ’07 there were 140 escrows with a median list price of $965,000. So far this year we’ve had 252 new listings occur in Goleta North with a median list price of $895,000 and in ’07 there were 268 new listings with a median list price of $959,500. Right now there are 51 Home Estate/PUDs for sale in Goleta North with a media list price of $1,179,000.
For the Condo Market in the Goleta Real Estate South area of Santa Barbara Real Estate we’ve had 38 so far compared to last year when there were 42. But last year the median sales price was $544,500 and this year it’s $467,500. So far this year 36 condos have entered escrow with a median list price of $475,000 and last year there were 42 escrows with a median list price of $559,000. So far this year we’ve had 73 new listings come on the market with a median list price of $499,000 and last year at this time there were 74 new listings with a median list price of $559,000. Right now there are just 19 condos available in Goleta North with a median list price of $469,000.