August 14, 2014

Days on the Market 1/1/14 to 8/3/14 compared to last year for Goleta South

For Home Estate PUDs in the Goleta Real Estate South area of Santa Barbara Real Estate from 1/1/14 to 8/3/14 there have been 50 sales this year compared to 83 last year and the median sales price has gone up from $699,000 last year to $761,900 this year but the average sales price has gone down from $843,436 last year to $903,417 this year. Those 50 sales took on average 34 days to get an accepted offer and when you add in another 41 days of average escrow time you get a total average marketing time of 75 days.

For Condominiums for Goleta Real Estate South for the same time period there have been 46 sales this year compared to 39 last year. The median sales price has gone up from $445,000 to $492,500. The average sales price has also gone up from $453,487 to $515,802. Those 46 sales on average took 46 days to get an accepted offer and when you add in another 45 days of average escrow time you get a total marketing time of 91 days.

Posted by gandlwoods at August 14, 2014 05:58 AM