February 15, 2010

Santa Barbara Real Estate for Goleta South and the Gap between Median Sales and Median List Prices for 1/1/2010 to 2/6/2010

For Santa Barbara Real Goleta Real Estate South area for the Home Estate/PUD through February 6th there have been 8 sales compared to 6 last year but the median sales price has dipped from $787,350 in ’09 to $546,000 in ’10 for a 30% drop.

The gap between the median list price of $1.039 million and the median sold price of $546,000 gives us a 47% gap this year compared to ’09 when there was about a $1.2 million median list price and a $787,350 median sold price for a 34% differential.

For the condo market in Goleta Real Estate South through February 6th 2010 there have been 4 sales compared to 2 in ’09 with the median sales price falling from $657,250 last year to $347,500 this year for a 47% decline.

The gap between the median list price of about $460,000 and the median sold price of $347,500 in ’10 is 24.3% compared to ’09 when there was a $525,000 median list price and $657,250 median sold price for a positive 25.2% bulge.

Santa Barbara Real Estate Statistics

Posted by gandlwoods at February 15, 2010 09:29 AM