The Condo market for the Goleta Real Estate South area of Santa Barbara the numbers of properties available is down by 32% with the numbers of new listings declining by 24%. With the inventory way down you’d expect the sales to be way down and they are falling by 42%. The average sales price has also fallen in ’09 and is now at $462,100 about 18% below last year’s number.
For Home Estates in the Santa Barbara Real Estate area of Goleta Real Estate South the inventory is down by 16% with the numbers of new listings falling by 20%. But the sales have declined by only 10% though this number should start to fall. The average sales price has also declined and is down 21% to $790,322.
The PUD market for the Santa Barbara Real Estate area of Goleta Real Estate South has the inventory is exactly where it was last year at this time but the numbers of new listings is 1 ahead of last year’s pace. The sales are exactly where they were last year and the average sales price has only fallen 3% down to $855,000.