November 27, 2009

Goleta North from 1/1/09 to 11/18/09 compared to ’08 for the same period for the Santa Barbara Real Estate area

The Condo market for the Goleta Real Estate North area of Santa Barbara the inventory through November 18, 2009 is up by 11% with the numbers of new listings rising by 14%. Outpacing both numbers are the escrows, which have gone up by 55%. The sales have also risen, but by 20% but the overall sold volume have slid back by 2%. The average sales price through ’09 is down by 18% to about $415,000.

For Home Estates in the Santa Barbara Real Estate area of Goleta Real Estate North the numbers of listings through November 18, 2009 are down by 14% with the numbers of new listings falling by 11%. But with the inventory down the escrows are only off by 2% as are the numbers of sales. Even though the sales are down by just 2% the overall sold volume is off by 19% and the average sales price is down by 16% to about $820,000.

The PUD market for the Santa Barbara Real Estate area of Goleta North the overall inventory through November 18, 2009 is up by 41% with the numbers of new listings up 40%. The escrows are also up but by 66% with the sales dead even of where they were last year at this time. With the sales even the overall sold volume is down by 21% and the average sales price is also down 21% to about $590,000.

Posted by gandlwoods at November 27, 2009 09:00 AM