In the Santa Barbara Real Estate are of Goleta Real Estate South for the Home Estate/PUD market from Nov. 25 to Dec. 25 ’09 there were 12 sales compared to 6 last year but the median sales price dropped from $716,500 last year to $664,500 this year. The average sales price didn’t fall as far however dropping from just under $900,000 last year to just over $830,000 this year. For the same time period there were 7 escrows opened in ’09 compared to 8 in ’08 but the median list price went from $769,000 last year to just under $600,000 this year. For ’09 6 new listings came on the market with a median list price of about $650,000 and in ’08 5 new listings showed up with a median list price of about $840,000. Right now there are just 27 Home Estate/PUDs available for purchase in Goleta South with a median list price of about $990,000.
For the condo market in Goleta Real Estate South for the same period there were 3 sales compared to 3 last year. But the median sales price went up from $290,000 in ’08 to $425,000. The average sales price also went up from about $315,000 in ’08 to about $390,000 in ‘09. During that same time period 4 condos went into escrow with a median list price of about $369,000 and last year 4 escrows opened with a median list price of $399,000. There were only 2 new listings this year with a median list price of $295,000 and last year there were 5 new listings with a median list price of $419,000. Right now there are just 4 condos available in Goleta South with a median list price of $525,000.
Posted by gandlwoods at January 2, 2010 08:12 AM