For the Goleta Real Estate South area of Santa Barbara Real Estate the Home Estate/PUD market there have been 67 sales through the end of October compared to ’08 when there were 69. The median sales price has slid from $736,000 last year to $700,000 this year but the average sales price has risen from $882,891 last year to $917,493 this year. The pended listings are up however from 69 in ’08 to 81 ’09 but the median list price on those listings went from $749,000 last year to $719,000 this year. Right now there are only 30 active listings in the Goleta South area with a median list price of $989,000 and an average list price of $1.233 million.
For the Condo Market in the Goleta Real Estate South area of Santa Barbara Real Estate there have been 59 sales this year compared to 54 last year. But the median sales price has dropped from about $575,000 in ’08 to $455,000 this year. The average sales price has about the same differential falling from $541,855 in ’08 to $444,236 in ’09. The numbers of pended listings was 53 last year and has been 66 this year with the median list price going from $585,000 in ’08 to $455,000 in ’09. Right now there are only 10 condos for sale in the Goleta South area with a median list price of $369,000 and an average list price of $415,475.