For Home Estate PUDs in the Goleta Real Estate South area of Santa Barbara Real Estate for ’09 there have been 54 sales compared to 53 last year with the median sales price coming down only slightly from $785,000 to $737,500 this year. The average sales price is actually slightly ahead with $932,188 posted last year compared to $933,954 this year. The average days on the market for those 54 sales was 79 with the average escrow period of 42 for a total marketing time of 121 days on average.
For Condominiums for Goleta Real Estate South for the same time period there have been 43 sales compared to 42 last year. The median sales price has dropped from $585,000 last year down to $465,000 this year with the average sales price dipping from $550,000 last year to $445,000 this year. The average days on the market for those 43 sales was 72 with the added escrow period of 43 days bringing us a total marketing time of 115 days on average.
Posted by gandlwoods at August 29, 2009 07:57 AM