The Condo market for the Goleta Real Estate South area of Santa Barbara the numbers of properties available through August there have been 45 listings this year compared to 85 last year and the numbers of escrows has fallen from 53 in ’09 to 31 in ’10 with the numbers of sales falling from 42 last year to 28 this year. The average sales price has also declined from $460,000 last year to $365,000 this year.
For Home Estates in the Santa Barbara Real Estate area of Goleta Real Estate South through August 6 there have been 127 listings this year compared to 133 last year. The numbers of escrows is also close rising from 59 last year to 63 this year but the sales have gone up farther from 48 last year to 64 this year. But the average sales price has dropped from $872,000 last year to $740,000 this year.
The PUD market for the Santa Barbara Real Estate area of Goleta South through August 6 there have been 9 listings this year compared to 10 last year. The escrows are non-existent this year compared to 4 last year and the sales are almost MIA with 5 last year. Those 5 has an average sales price of $863,000.