For the Santa Barbara Real Estate area of Goleta Real Estate North for the first 4 months of 09 for Home Estate/PUDs we have seen 46 sales which are 2 above the figure set for 08. After lagging for most of the year Goleta North sales have nosed ahead. The median sales price for the year is easing closer together but still stands about $115,000 below the previous year when it was $830,500. The numbers of pending listings is 3 ahead of the 08 level so we should continue at about the same level of sales weve seen thus far. Just like with Goleta South the numbers of foreclosures is dwindling so the numbers of new listings that came on this year is about 20 behind the number that came on last year. Right now there are 56 Home Estate/PUDs available for purchase in Goleta South with a median list price of $1.17 million and an average list price of $2.48 million.
For the Santa Barbara Real Estate area of Goleta Real Estate North for the first four months of 08 in the Condo market there were 10 sales which is exactly the same number of sales there were last year. After lagging dramatically in the numbers of sales for the entire year the sales gap has closed. The median sales price is still about $120,000 below what it was last year when it stood at $500,000 but the increased active is welcome. The numbers of sales should continue to surge because so far this year there have been 21 escrows opened compared to 13 last year. But the median list price for those escrows is still about $140,000 below last years $519,500 figure. Right now there are only 17 condos available in Goleta North with a median list price of $439,000 and an average list price of $519,182.
Posted by gandlwoods at May 18, 2009 08:51 AM