February 24, 2013

Santa Barbara Real Estate for Goleta North and the Gap between Median Sales and Median List Prices for 1/1/2013 to 2/11/2013

For Santa Barbara Real Goleta Real Estate North area for the Home Estate/PUD through February 11 there have been 23 sales compared to 23 last year for no change. The median sales price rose from $625,000 to $715,000 for a 14.4% rise.

The gap between the median list price of $1,175,000 and the median sold price of $715,000 gives us a -39.1% gap whereas last year the median list price was $839,000 and when compared to the median sold price of $625,000 it gave us a 25.5% gap.

For the condo market in Goleta Real Estate North through February 11 there have been 8 sales compared to 2 last year for a 300.0% rise and the median sales price has gone down from $330,000 to $280,000 for a 15.2% drop.

The gap between the median list price of $299,000 and the median sold price of $280,000 gives us a 6.4% gap whereas last year the median list price was about $299,000 and when compared to the median sold price of $330,000 it gave us a positive gap of 10.4%.

Posted by gandlwoods at February 24, 2013 06:49 AM