December 05, 2009

Santa Barbara Real Estate area of Goleta North for the Last 30 Days from Oct. 27 to Nov. 27 ‘09

For Goleta Real Estate North in the Santa Barbara Real estate area for Home Estate/PUDs market for the period of Oct. 27 to Nov. 27 ’09 there were 14 sales compared to 7 last year and the median sales price went up from $700,000 last year to about $760,000 this year. The average sales price also went from about $780,000 last year to about $840,000 this year with the numbers of escrows going up from 12 in ’08 to 18 in ’09. The median list price on those escrows dropped however from about $750,000 last year to about $700,000 this year. During that same time period there were 22 new listings that showed up on the market this year with a median list price of about $770,000 and last year there were 19 new listings with a median list price of about $860,000. Right now there are 62 Home Estate/PUDs available for purchase in the Goleta North area with a median list price of $1,049,000.

For the condo market in Goleta Real Estate North for the same period there were 10 sales this year compared to 6 last year. But the median sales price dropped from about $535,000 last year to about $420,000 this y ear. The average sales price slid even further from about $615,000 last year to about $415,000 this year. During the same time period 3 escrows opened this year with a median list price of $419,000 and last year only 1 escrow opened with a list price of just $128,800. This year there were 4 new condo listings with a median list price of about $420,000 and last year there were 7 new listings with a median list price of about $370,000. Right now there are just 14 condos available for purchase in the Goleta North area of Santa Barbara with a median list price of $435,000.

Posted by gandlwoods at December 5, 2009 07:15 AM