For the Santa Barbara Real Estate area of Goleta Real Estate South for the first 8 months of 09 there have been 54 sales which is 2 behind where we were last year at this time. The median sales price has slid only slightly from $766,000 to $737,500 and the average sales price is actually above last years mark by $15,000 to the current number of $933,954. The sales price to original list price ratio is right at 90% so things seem to have stabilized in Goleta South. The numbers of escrows is still ahead of 08 number which was 61 and is currently at 67 and the median list price for those properties went from $750,000 in 08 to $724,680 this year. Right now there are just 35 Home Estate/PUDs available for purchase in Goleta South with a median list price of $1.2 million and an average list price of $1.3 million.
For the Santa Barbara Real Estate area of Goleta Real Estate South for the first eight months of 09 the numbers of sales are ahead of 08 by 3 currently standing at 48 but the median sales price has fallen from $585,000 last year to $450,000 this year. The average sales price has also fallen about $100,000 down from $547,682 to $436,113. The sales price to original list price ratio is right about 90% meaning things have about stabilized in the Goleta South district. Right now there are just 9 condos available for purchase in the area with a median list price of $529,950 and an average list price of $542,872.