February 11, 2009

Santa Barbara Real Estate for the first Month of ’09 for Goleta North

For the Santa Barbara Real Estate area of Goleta Real Estate North for the first month of ’09 in the Single Family Home market 9 homes closed escrow and 9 homes closed escrow in ’08. But last year the median sales price was $780,000 and this year it’s $686,000. So far this year 16 escrows have been opened with a median list price of $799,000 and last year 14 escrows had been opened with a median list price of $869,000. Thus far this year 15 new listings have appeared with a median list price of just under $1 million. But last year 26 new listings showed up with a median list price of $900,000. Right now there are 40 Home Estate/PUDs available for purchase in Goleta North with a median list price of $1.159 million and average days on the market of 99.

For the Santa Barbara Real Estate area of Goleta Real Estate North for the first month of ’09 in the Condo market nothing has sold but 2 condos did go into escrow with a median list price of just $128,800. Last year there were 2 sales with a median sales price of $529,500 and 2 escrows with a median list price of $399,900. This year 12 new condo listings showed up with a median list price of $489,900 compared to last year when 6 new condo listings appeared with a median list price of $519,500. Right now there are just 21 condo listings available for purchase in Goleta South with a median list price of $479,000 and average days on the market of 71.

Posted by gandlwoods at February 11, 2009 08:48 AM