For Home Estate PUDs in the Goleta Real Estate North area of Santa Barbara Real Estate for the period of 1/1/09 to 4/9/09 there have been 36 sales. Just like with Goleta South throughout the year the numbers of sales for Goleta North have been ahead of the ’08 figure but currently they are sliding back. The gap between this year’s median sales price and last year’s is wider than on the South side and currently stands at about $150,000 below last year’s figure. In ’08 the median sales price was $851,000 and currently for the North it’s at $700,000. For those 36 sales the average days it took to get an accepted offer has been 79 with another 72 days tacked on to get the escrows closed.
For Condominiums on the North Side of
Goleta Real Estate there has been an increase in activity over the last 5 weeks. For most of the year there was only 1 sale of a condo on the North Side but now there have been 6 compared to 7 at this time last year. The median sales price is about $100,000 below last year’s number however currently standing at $350,800 compared to last year when it was $470,000. The good news is that it has take on average only 44 days to get an accepted offer for a North Side condo and then another 33 days to get that condo closed.