In the Santa Barbara Real Estate are of Goleta Real Estate South for the Home Estate/PUD market 10 properties closed escrow from June 17 to July 17 ’09 with a median sales price of $750,000. Last year there were also ten sales but the median sales price was $810,000. This year however there were 13 pended properties with a median list price of $724,680 compared to last year when there were 7 pended properties with a median list price of $625,000. There were 14 new listings in ’08 with a median list price of $745,000 and this year there were 17 new listings with a median list price of just under $1 million. Currently there are 39 Homes available for purchase in the Goleta South area with a median list price of about $1.2 million.
For the condo market in Goleta Real Estate South shows us 12 sales for the period with a median sales price of $489,500. Last year at this time there were 3 closings with a median sales price of $553,000. In ’08 for this period there were 6 pended listings with a median list price of $517,000 and in ’09 there were 9 pended listings with a median list price of $523,000. For this year 6 new listings have come on the market with a median list price of $399,000 and last year there were also 6 new listings with a median list price of $549,000. Right now there are 14 condos available for purchase in the Goleta South area with a median list price of $499,000.