July 30, 2010

Goleta South for June 22 to July 22 ’10 for the Santa Barbara Real Estate area

In the Santa Barbara Real Estate are of Goleta Real Estate South for the Home Estate/PUD market from June 22 to July 22 there were 8 sales with a median sales price of $715,000 and an average sales price of about $695,000. Whereas last year there were 11 sales with a median sales price of $800,000 and an average sales price of $950,000. For the same period there were 4 escrows opened this year with a median list price of $789,000 and last year there were 8 opened escrows with a median list price of $660,000. Right now there are 45 Home Estate/PUDs available for purchase with a median list price of $869,000 and an average list price of $1.28 million.

For the condo market in Goleta Real Estate South for the same period there were 4 sales this year compared to 12 last year and the median sales price has dropped from about $500,000 last year to about $300,000 this year. The average sales price has also declined from $490,000 last year to $315,000 this year. For the same period there were 5 escrows opened with a median list price of $419,000 and last year there were 6 escrows opened with a median list price of $460,000. Right now there are 7 condos available for purchase on the South Side of Goleta with a median list price of $490,000 and an average list price of $475,000.

Posted by gandlwoods at July 30, 2010 08:28 AM