For the Santa Barbara Real Estate area of Goleta Real Estate South for the first 6 months of ’09 there have been 42 sales compared to last year when there were 43. I keep expecting the sales to start dropping for Goleta South because the inventory is declining but so far the sales have kept up. In fact the escrows are ahead of where they were last year so the sales should continue to grow. The median sales price is easing closer to what it was last year. Currently the median sales price is $705,000 about 6% below where it was last year. The median list price for properties that have gone into escrow is also rather close currently residing at $739,000 which is about 8% below where it was last year. There are just 40 Home Estate/PUDs available for purchase in Goleta South right now with a median list price of $1.15 million.
For the Santa Barbara Real Estate area of Goleta Real Estate South for the first six months there have been 31 sales compared to 32 last year. But the median sales price has dropped by almost $200,000 down to the current number of $410,000. The escrows are 10 ahead of where they were last year with the median list price for those 10 more escrows residing at $429,000. Right now there are only 14 condos available for purchase in Goleta South with a median list price of $549,000.
Posted by gandlwoods at July 10, 2009 09:52 AM