For the Santa Barbara Real Estate area of Goleta Real EstateSouth for the first 2 months of ’10 the sales are down by 3 falling from 13 in ’09 to 10 in ’10. The median sales price has also fallen from $680,000 last year to $546,000 this year with the average sales price going down even further from about $780,000 to approximately $560,000. The new listings are also down falling from 29 to 22 while escrows are down from 16 to 9. The median list price on those escrows interestingly enough is up from $615,000 in ’09 to $739,000 in ’10. Right now there are just 37 Home Estate/PUDs available for purchase on the South Side of Goleta with a median list price of about $900,000 and an average list price of about $1.1 million.
For the Santa Barbara Real Estate area of Goleta Real Estate South for the first two months of ’10 the condo market has seen 4 sales this year and 4 sales last year. But while the numbers of sales is the same the median sales price is not. That price has dropped from $452,000 to $347,500 with the average sales price falling even further from $542,125 in ’09 to $346,250 in ’10. The new listings have also declined from 15 to 12 with the median list price on those new listings going down from about $400,000 to about $300,000. Right now there are just 9 condos available for purchase on the South Side of Goleta with a median list price of about $310,000 and an average list price of approximately $385,000.
Posted by gandlwoods at March 11, 2010 07:22 AM