September 18, 2014

Santa Barbara Real Estate for Goleta South and the Gap between Median Sales and Median List Prices for 1-1-2014 to 9-12-14

For Santa Barbara Real Goleta Real Estate South area for the Home Estate/PUD through 7/18/14 there have been 57 sales compared to 99 last year for a 42.4% drop but the median sales price went up from $705,500 last year to $765,000 for a 8.4% rise.

The median list price this year for $737,250 when compared to the median sold price of $765,000 gives us a +3.8% positive gap. Last year there was a $796,000 median list price and when compared to the median sold price of $705,500 gave us a -11.4% gap.

For the condo market in Goleta Real Estate South through 9/12/14 there were 63 sales this year compared to 47 last year for a 34.0% rise and the median sales price rose from $440,000 last year to $550,000 this year for a 25.0% rise.

This year the median list price of $519,000 compared to the median sold price of $550,000 gives us a positive gap of +6.0%. Last year the median list price of $719,000 and the median sold price of $440,000 gave us gap of -38.8%.


Posted by gandlwoods at September 18, 2014 07:59 AM