June 18, 2009

Santa Barbara Real Estate area of Goleta North for the Last 30 Days from May 5 to June 5 ‘09

For Goleta Real Estate North in the Santa Barbara Real estate area for Home Estate/PUDs 8 sales for the period we’re talking about compared to 19 last year. This year the median sales price this year is $672,750 compared to last year when it was $790,000. The pending listings are also down from last year when there were 18 compared to this year when there are 14. The median list price also went down from $855,000 last year to $729,000 this year. The inventory is falling in Goleta North where we see only 21 new listings with a median list price of $899,000 compared to last year when there were 36 new listings with a median list price of $879,000. Currently there are just 60 Home Estate/PUDs available for purchase in Goleta North with a median list price of about $1.1 million and an average list price of about $2.4 million.

For the condo market in Goleta Real Estate North there were 2 sales for this period with a median sales price of $715,000. Last year there were 4 sales with a median sales price of $560,000. This year the pending properties are up currently posting 8 escrows while last year at this time there was just 3 escrows. But last year the median list price was $499,000 and this year it’s $339,000. The inventory is growing for Goleta North with 9 new listings with this with a median list price of $365,000 and last year there were 4 new listings with a median list price of $574,000. Currently there are just 15 condos available for purchase in Goleta North with a median list price of $439,000 and an average list price of $482,500.

Posted by gandlwoods at June 18, 2009 09:32 AM