January 18, 2010

Goleta North 12/8/09 to 1/8/10 compared to last year for Days on the Market

For Home Estate PUDs in the Goleta Real Estate North area of Santa Barbara Real Estate for the period of 12/8/09 to 1/8/10 there were 17 sales compared to 12 for the previous year. The median sales price actually rose slightly this year going from $687,325 the previous year to just under $700,000 this year. The average was also higher going from $760,276 in the previous year to $832,679 this year. For those 17 sales it took on average 52 days to get an accepted offer and adding in another 42 days of escrow time gives us on average 94 days of total marketing time.

For Condominiums on the North Side Goleta Real Estate there have been 4 sales this year compared to just 1 the previous year. Those 4 had a median sales price of $426,250 and an average sales price of $444,212 while that 1 sale in the previous year sold for $128,800. Those 4 sales took an average of just 12 days to get an accepted offer but another 57 days of average escrow time for a total of 69 days of total marketing time.

Posted by gandlwoods at January 18, 2010 08:33 AM