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

Submitted by Gary Woods on Thu, 04/02/2015 - 12:30

For Santa Barbara Real Goleta Real Estate North area for the Home Estate/PUD through 3/21/15 there have been 38 sales compared to 29 last year for a -2.6% drop but the median sales price remained stable from $730,000 last year to $730,000 for a +0.0% change.

The median list price this year for $985,000 when compared to the median sold price of $730,000 gives us a -25.9% gap. Last year there was a $907,000 median list price and when compared to the median sold price of $730,000 gave us a -19.5% gap.

For the condo market in Goleta Real Estate North through 3/21/15 there were 9 sales this year compared to 12 last year for a -25.0% drop but the median sales price rose from $427,500 last year to $499,000 this year for an +5.2% rise.

This year the median list price of $474,500 compared to the median sold price of $499,000 gives us a positive gap of +5.2%. Last year the median list price of $409,450 and the median sold price of $427,500 gave us positive gap of +4.4%.