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Santa Barbara Real Estate for Goleta South and the Gap between Median Sales and Median List Prices for 1/1/15 to 3/21/15

Submitted by Gary Woods on Wed, 04/01/2015 - 12:30

For Santa Barbara Real Goleta Real Estate South area for the Home Estate/PUD through 3/21/15 there have been 7 sales compared to 6 last year for a 16.7% drop but the median sales price went up from $690,500 last year to $742,000 for a +7.5% rise.

The median list price this year for $827,000 when compared to the median sold price of $742,000 gives us a -10.3% gap. Last year there was a $714,500 median list price and when compared to the median sold price of $690,500 gave us a -3.4% gap.

For the condo market in Goleta Real Estate South through 3/21/15 there were 2 sales this year compared to 5 last year for a 60.0% decline and the median sales price rose from $445,000 last year to $876,161 this year for a +96.0% rise.

This year the median list price of $660,000 compared to the median sold price of $876,161 gives us a positive gap of +32.8.2%. Last year the median list price of $459,750 and the median sold price of $445,000 gave us gap of -3.2%.