For the Goleta Real Estate South area of Santa Barbara Real Estate the Home Estate/PUD market there have been 63 sales this year which is exactly how many sales there were last year. The median sales price has fallen $50,000 down to $700,000 with the average also very close dropping from $895,000 last year to $887,000 this year. The escrows are up however going from 65 in ’08 to 72 in ’09 and the median list price for those escrows went from about $750,000 last year to $720,000 this year. The sales price to original list price ratio slid slightly from 93% down to 90% and right now there are just 32 Home Estate/PUDs available for purchase in Goleta South with a median list price of $1.05 million and an average list price of $1.24 million. Those 32 homes have average days on the market of 148.
For the Condo Market in the Goleta Real Estate South area of Santa Barbara Real Estate there have been 54 sales this year compared to 49 last year but the median sales price fell from $585,000 last year to $453,000 this year. The average also declined from $550,000 to $440,000. The sales price to original list price ratio is very close together also going from 93% last year to 90% this year. Right now there are just 8 condos for sale in Goleta South with a median list price of $399,000 and an average list price of $434,481. The average days on the market for those 8 condos are 97.
Posted by gandlwoods at October 12, 2009 07:58 AM