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Santa Barbara Real Estate for Goleta Notth and the Gap between Median Sales and Median List Prices for 1/1/14 to 12/18/14

Submitted by Gary Woods on Mon, 12/29/2014 - 13:30

For Santa Barbara Real Goleta Real Estate North area for the Home Estate/PUD through 12/18/14 there have been 169 sales compared to 220 last year for a 23.2% drop but the median sales price went up from $793,500 last year to $845,000 for a 6.5% rise.

The median list price this year for $1,296,500 when compared to the median sold price of $845,000 gives us a -34.8% gap. Last year there was a $1,388,000 median list price and when compared to the median sold price of $793,500 gave us a -42.8% gap.

For the condo market in Goleta Real Estate North through 12/18/14 there were 56 sales this year compared to 53 last year for a 5.7% rise and the median sales price rose from $420,000 last year to $454,500 this year for an 8.2% rise.

This year the median list price of $445,900 compared to the median sold price of $454,500 gives us a positive gap of +1.9%. Last year the median list price of $419,000 and the median sold price of $420,000 gave us positive gap of +0.2%.