For Home Estate PUDs in the Goleta Real Estate South area of Santa Barbara Real Estate through November 11 ’09 there have been 67 sales compared to 70 last year. The median sales price has only gone down slightly from $735,500 last year to $700,000 right now and the average sales price has actually gone up from about $880,000 last year to about $915,000 this year. For those 67 sales the average time it took to get an accepted offer was 76 days and when you add in another 41 days of average escrow time you get an average total marketing time of 117 days.
For Condominiums for Goleta Real Estate South for the same time period there have been 61 sales this year compared to 55 last year. The median sales price went down from $570,000 last year to $455,000 this year with the average sales price declining from $540,000 last year to about $450,000 this year. The average time it took to get an accepted offer on those 61 sales was 76 days and when you add in another 50 days of average escrow time you get a total marketing time of 126 days on average.
Posted by gandlwoods at November 19, 2009 09:04 AM