January 16, 2013

Days on the Market 12/6/12 to 1/6/13 compared to last year for Goleta South

For Home Estate PUDs in the Goleta Real Estate South area of Santa Barbara Real Estate from 12/6/12 to 1/6/13 there have been 15 sales this year compared to 10 last year and the median sales price has gone up from $565,000 last year to $651,000 this year. The average sales price has gone down from $583,337 last year to $815,309 this year. Those 15 sales took on average 22 days to get an accepted offer and when you add in another 84 days of average escrow time you get a total average marketing time of 106 days.

For Condominiums for Goleta Real Estate South for the same time period there have been 1 sale this year compared to 3 last year. The median sales price has gone down from $480,000 to $215,000. The average sales price has also gone down from $393,333 to $215,857. That 1 sale on average took 12 days to get an accepted offer and when you add in another 32 days of average escrow time you get a total marketing time of 44 days.

Posted by gandlwoods at January 16, 2013 07:20 AM