For Santa Barbara Real Goleta Real Estate South area for the Home Estate/PUD through February 11 there have been 14 sales compared to 10 last year for a 40.0% rise and the median sales price went down from $642,500 last year to $552,000 for a 16.3% rise.
The median list price this year for $1,370,000 when compared to the median sold price of $642,500 gives us a -53.1% gap. Last year there was $669,000 median list price and when compared to the median sold price of $552,500 gave us a -17.4% gap.
For the condo market in Goleta Real Estate South through February 11 there were 3 sales this year compared to 3 last year for no change but the median sales price rose from $207,000 last year to $385,000 this year for a 86.0% rise.
This year the median list price of $409,000 compared to the median sold price of $385,000 gives us a gap of -5.9%. Last year the median list price of $269,450 and the median sold price of $207,000 gave us a gap of 23.2%.