For the Goleta Real Estate North area of Santa Barbara Real Estate in the Home Estate/PUD market there have been 117 sales this year compared to 116 last year. But the median sales price has fallen from $850,000 last year to $703,000 this year. The average sales price has come down even further from just under $1 million to just over $800,000. The numbers of escrows is ahead of the previous year standing at 123 currently up from 119. The median list price on those escrows is down however from $850,000 last year to $729,000 this year. The sales price to original list price ratio is exactly where it was last year with 92% in both frames. Right now there are 59 Home Estate/PUDs available for purchase with a median list price of $1.275 million and an average list price of $2.37 million. The average day on the market for those 59 homes is 115.
For the condo market in the Goleta Real Estate North there have been 36 sales this year compared to 29 last year. The median sales price has fallen from $465,000 in ’08 to $375,050 currently with the average sales price going down from just under $500,000 to $387,330. The numbers of escrows is up from 32 in ’08 to 51 in ’09 with the median list price for those escrows falling from $475,000 to $399,000. The sales price to original list price ratio hasn’t moved but 1 point falling to 91%. Right now there are just 16 condos available for purchase with a median list price of $439,000 and an average list price of $450,161. The average day on the market for those 16 condos is 115.
Posted by gandlwoods at October 16, 2009 09:12 AM