February 22, 2010

Days on the Market 1/1/10 to 2/12/10 compared to last year for Goleta South

For Home Estate PUDs in the Goleta Real Estate South area of Santa Barbara Real Estate from January 1 ’10 to February 12, ‘10 there were 9 sales compared to 8 the previous year. The median sales price the previous year was $787,350 and this year it’s been $540,000. The average sales price also fell from $893,837 in ’09 to $540,813 in ’10. Thos 9 sales this year took on average 44 days to get an accepted offer and when you add in another 71 days of escrow time you get a total of 115 days of total marketing time.

For Condominiums for Goleta Real Estate South for the same time period there 4 sales compared to 3 the previous year and the median sales price slid from $375,000 in ’09 to $347,500 in ’10. The average sales price fell even further from $546,500 to $346,250. Those 4 sales this year took on average 63 days to get an accepted offer and when you add in another 76 days of escrow time you get a total marketing time of 139 on average.

Santa Barbara Real Estate Statistics

Posted by gandlwoods at February 22, 2010 09:02 AM