As the overall real estate market here in the Santa Barbara area continues to be very strong and a true seller’s market, Goleta has stood out in the last many months as an area as strong as any.
Right now the real estate market in Goleta is so strong that Realtors constantly make comments on a new listing of how many offers it will get. It is not a question of if a home will sell, or how long (generally less than 14 days), but how much competition there will be in the form of offers.
As of today there are currently 20 single family homes pending sale in the Goleta area from $500,000 to $1 million. Of these listings, the average days on the market is between 2 and 3 weeks.
Of the 16 homes that have closed sale since the start of the year, 8 have sold at asking or above asking price.
If you are in the market for real estate here in Goleta or Santa Barbara, you better be working with a good full time agent. The market is too fast paced to not be on top of new listings the day they are listed…as well as even before this.
View: Goleta Real Estate
Search: The Santa Barbara Area MLS
For more information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our wonderful town, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.