For Home Estate PUDs in the Goleta Real Estate North area of Santa Barbara Real Estate for the period of 1/1/09 to 11/11/09 there have been 133 sales compared to 136 last year. The median sales price has gone down from $835,000 in ’08 to $700,000 this year with the average sales price falling even further from about $970,000 to about $800,000 this year. Those 133 sales took on average 58 days to acquire an accepted offer and when you add in another 55 days of escrow time you get an average total marketing time of 113 days.
For Condominiums on the North Side Goleta Real Estate there have been 46 sales compared to 37 last year. The median sales price fell from $465,000 in ’08 to just under $400,000 this year with the average sales price going down even further from just under $500,000 to just under $400,000 this year. Those 46 sales took on average 60 days to get an accepted offer with another 49 days on average of escrow time bringing us an average marketing time of 109 days.
Posted by gandlwoods at November 20, 2009 09:53 AM