For Home Estate PUDs in the Goleta Real Estate South area of Santa Barbara Real Estate from December 8 ’09 to January 8 ’10 there were 9 sales compared to 8 the previous year. The median sales price the previous year was $820,000 and this year it dropped to $640,000. The average sales price also fell from $936,250 down to $862,444. Those 9 sales took on average 90 days to get an accepted offer and on average 61 days of escrow time for a total marketing time of 151 days.
For Condominiums for Goleta Real Estate South for the same time period there was 1 sale compared to 4 for the previous year. That 1 sale was for just $200,000 and the previous year the median sales price was $332,500 and the average sales price last year was $330,000. For that 1 sale it took 52 days to get an accepted offer and another 42 days of escrow time for a total of 94 days of total marketing time.
Posted by gandlwoods at January 17, 2010 08:10 AM