In the Santa Barbara Real Estate are of Goleta Real Estate South for the Home Estate/PUD market 4 properties closed escrow from July 28 to August 28 ’09 with a median sales price of $1.222 million and last year there were 6 sales with a median sales price of $740,000. For this same time period this year 8 properties entered escrow with a median list price of $599,000 compared to last year when 11 entered escrow with a median list price of $699,000. For ’08 15 new listings came on the market with a median list price of $899,900 and in ’09 only 5 new listings came on the market with a median list price of $989,000. Right now there are 35 Home Estate/PUDs on the market in Goleta South with a median list price of $1.19 million.
For the condo market in Goleta Real Estate South shows us 6 sales for the period with a median sales price of $511,500. Last year at this time there were also 6 closings with a median sales price of $480,000. In ’08 for this period there were 5 pended listings with a median list price of $529,500 and in ’09 there were 9 pended listings with a median list price of $399,000. For this year 7 new listings have come on the market with a median list price of $349,000 and last year there were also 7 new listings with a median list price of $429,000. Right now there are 8 condos available for purchase in the Goleta South area with a median list price of $409,000.