For Santa Barbara Real Goleta Real Estate South area for the Home Estate/PUD through August 13 there have been 64 sales compared to last year when there were 54 for a 19% rise but the median sales price of $667,500 this year is 7% below last year’s number of $717,500.
The gap between the median list price of $849,000 and the median sold price of $667,500 gives us a 22% and last year the median list price of $1.1 million combined with the median sold price of $717,500 for a 35% gap.
For the condo market in Goleta Real Estate South through August 13 there have been 28 sales compared to 43 last year for a 35% and the median sales price declined from $465,000 last year to $350,000 this year for a 25% drop.
The gap between the median list price of about $459,000 and the median sold price of $350,000 give us a 24% while last year the median list price of $450,000 and the median sold price of $465,000 gave us a positive gap of 3.6%.