For the Goleta Real Estate North area of Santa Barbara Real Estate in the Home Estate/PUD market there have been 127 sales compared to 136 last year. The median sales price has dropped from $835,000 last year to $700,000 currently with the average sales price falling even further from $970,000 last year to about $800,000 this year. The number of pended listings is up however from 129 in ’08 to 144 in ’09. But even so the median list price on those pended listings dropped from $849,000 last year to $729,000 this year. Right now there are just 52 Home Estate/PUDs available for purchase in the Goleta North area with a median list price of $1.175 million and an average list price of $2.6 million.
For the condo market in the Goleta Real Estate North area there have been 44 sales compared to 33 last year but the median sales price slid from $465,000 last year to just under $400,000 this year. The average sales price is a lot farther apart however with a $490,000 average in ’08 compared to a $390,000 in ’09. The numbers of pended listings went from 35 last year to 57 this year with the median list price for those pended listings dropping from just under $500,000 last year to just under $400,000 this year. Right now there are just 15 condos available for purchase in all of Goleta North with a median list price of $439,000 and an average list price of about $470,000.