For Santa Barbara Real Goleta Real Estate South area for the Home Estate/PUD through October 9th there have been 64 sales compared to 67 last year for a 4.5% drop. The median sales price fell from $745,000 in ’08 down to $700,000 this year for a 6.1% decline.
The gap between the median list price of just below $1 million and the median sold price of $700,000 is 30% compared to last year when it was 17% with a $900,000 median list price and a $745,000 median sold price.
For the condo market in Goleta Real Estate South through October 9th shows us 55 sales compared to 52 last year for a 6% rise. The median sales price fell from $575,000 to $455,000 for a 20% drop.
The gap between the median list price of $460,000 and the median sold price of $455,000 in ’09 is just 0.9% this compared to ’08 when there was a $555,000 median list price and $574,950 median sold price for a 3.4% bulge.
Posted by gandlwoods at October 19, 2009 08:07 AM