March 02, 2013

Days on the Market 1/1/13to 2/18/13compared to last year for Goleta South

For Home Estate PUDs in the Goleta Real Estate South area of Santa Barbara Real Estate from 1/1/13to 2/18/13 there have been 15 sales this year compared to 1 last year and the median sales price has gone up from $530,000 last year to $650,000 this year. The average sales price has gone up from $572,715 last year to $756,190 this year. Those 15 sales took on average 28 days to get an accepted offer and when you add in another 60 days of average escrow time you get a total average marketing time of 88 days.

For Condominiums for Goleta Real Estate South for the same time period there have been 4 sales this year compared to 3 last year. The median sales price has gone up from $207,000 to $412,500. The average sales price has also gone up from $191,500 to $407,500. Those 4 sales on average took 21 days to get an accepted offer and when you add in another 69 days of average escrow time you get a total marketing time of 90 days.

Posted by gandlwoods at March 2, 2013 07:01 AM