For the Goleta Real Estate North area of Santa Barbara Real Estate the Home Estate/PUD market we finished the year with 62 more sale than occurred in ’11 when there were 164 closings. The median sales price fell from $661,500 in ’11 down to $623,500 in ‘12 for a 5.7% decline. The numbers of pended listings was up by 25.6% however going from 180 in ’11 to 226 in ‘12 but the median list price for those pended listings dropped from $682,000 in ’11 to $632,000 in ‘12 for a 7.3% decline. Right now there are 26 Home Estate/PUDs available for purchase in Goleta North with a median list price of about $1,232,500 and an average list price of about $1.982 million.
For the Condo Market in the Goleta Real Estate North area of Santa Barbara Real Estate there were 61 sales in ‘12 compared to 38 in ’11 for a 37.7% decline in sales and the median sales price went down from $362,500 in ’11 to $350,000 in ‘12. The pended listings went up from 35 in ’11 to 68 in ‘12 for 94.3% rise and the median list price on those 68 pended listings fell from $359,000 in ’11 to $355,950 in ‘12. Right now there are just 5 condo listings in Goleta North with a median list price of $299,000 and an average list price of $367,420.