The Condo market for the Goleta Real Estate North area of Santa Barbara the inventory is up by 8% for a total of 77 overall and the new listings are up by 11% for a total of 60. But the big number is the pending listings which are up 42% to 37. The sales are also up by not nearly as big a gap. The sales are up 8% for a total of 25 but the average sales price is down 25% to just below $400,000.
For Home Estates in the Santa Barbara Real Estate area of Goleta Real Estate North the numbers of listings are down by 21% for a total of just under 200 and the new listings are down 19% for a total of 153. But amazingly with the lack of inventory very evident escrows are down just 13% to 93 with the sales down only 6% to 86. The average sales price has dropped by 16% to the currently level of $833,408.
The PUD market for the Santa Barbara Real Estate area of Goleta North see the overall inventory down 1 with the new listings down by 2 for a total of 5. The escrows are equal for both years standing at 5 with the sales down by 2 for a total of 5. The average sales price for the year is down 29% to $532,300.
Posted by gandlwoods at August 16, 2009 08:59 AM