Sheltered at the base of Santa Ynez Mountains in the northern tip of Santa Barbara, Goleta is a sportsman’s paradise with a host of family recreational activities, including biking, bird watching on the famous Goleta Slough, fishing from the pier or volleyball at Goleta Beach. Goleta is also home to the University of California Santa Barbara (UCSB) and a well-heeled crop of local surfers.
The area’s history is on display at South Coast Railroad Museum and at the restored Stow House. Other museums worth seeing: Maritime Museum and an Air Heritage Museum located at the Santa Barbara Airport. Each October, the city hosts the zesty Goleta Lemon Festival.
Goleta is a nicely established residential area of tract homes. Many of the engineers and employees of the aerospace companies, the university and larger companies live in this area. Above Cathedral Oaks Road you move into an area of rolling hills with many homes commanding views of the ocean and mountains. There are numerous fine residences and citrus and avocado ranches. There is an abundance of condominiums and housing developments offering a variety of more affordable living. Some of Santa Barbara area’s most admired schools are located in the Goleta area. Within Goleta you will also find the private Cathedral Oak Tennis and Athletic Club, Sandpiper Golf Course, Hidden Oaks Golf Course, Twin Lakes Golf Course and Glenn Annie Golf Course. Most of Goleta is relatively flat until it reaches the Foothills.
Santa Barbara and its world-class shopping, dining, cultural and recreational amenities are all within a 10 minute drive.
Goleta Real Estate values average around $350,000 to $1 million. Lower end condos can start as low as $150,000. Spectacular view homes, estates and ocean front property start at around $1 million and can exceed this amount twofold or fivefold.
If you are interested in real estate here in Goleta, Santa Barbara, Montecito and our surrounding areas, as well as any other aspects of life here, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
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Here are the latest 2013, 3rd quarter real estate sales statistics for both the Goleta and Carpinteria / Summerland areas of Santa Barbara. For the Goleta area, the overall bulk of our real estate market here falls into the following segments: Entry level condos from around $300,000 to $500,000 Single family homes from around $550,000 to $1,000,000 Both of these markets in Goleta have been extremely strong over the last 18 months, with prices continually rising from June 2012 til around August 2013. In... Continue Reading >
Below is a detailed market comparison of Santa Barbara real estate that lays out the yearly market comparison of Sold Listings as well as New Listings. This comparison takes in all the areas from Goleta, to Santa Barbara, to Hope Ranch, to Montecito, to Summerland and Carpinteria. These numbers are then broken down further to include: Dollar volume of New and Sold Listings Median sales price of New and Sold Listings If you have any further questions about these statistics, please let me... Continue Reading >
Here is a summary of the latest statistics for the Santa Barbara real estate market for March 2013. Over the last several weeks we have seen a definite increase in inventory, especially in the Goleta area. Much of the new inventory has been in the $600,000 to $900,000 range. Buyers are still very active and almost all the inventory is selling off within days to only a few weeks. Prices in general still are on the climb, although it feels... Continue Reading >
A little late to be doing a recap of the 2012 real estate market here in the Santa Barbara area, but with the last 5 weeks filled with a combination of my family getting sick, being extremely busy with work and the lack of sleep because of our new little baby...that is what unfortunately happens. So what happened in 2012? In hindsight it is now very clear to see that anyone who had the foresight to buy property from around October 2011 - April 2012... Continue Reading >
Here is a great simple graph that looks at the overall average selling prices for homes here in the Santa Barbara area. The graph breaks down the prices into the main neighborhoods of Santa Barbara...Montecito, Santa Barbara proper, Carpinteria / Summerland, Hope Ranch and Goleta. One of the first obvious looks shows that our high end properties are really starting to see a big increase in demand. Both Hope Ranch and Montecito have seen prices increase a good amount in the last... Continue Reading >
This market update is redundant, but the overall real estate market here in the Santa Barbara area continues to be very strong. Goleta real estate is no exception and could be as strong as any market we have over the last several months. It seems that every listing in the entry level market (from around $450,000 to $700,000) is seeing multiple offers without exception. Clients need to be ready day one on simply every listing that comes up. Here below are some recent market... Continue Reading >
New Goleta South Real Estate Listing – 4 Bed 2 Bath Remodeled Single Level Home – Priced at $675,000
Just listed this morning with first open this Friday October 19th 10:00 a.m. - 12:30 p.m. as well as Saturday the 20th and Sunday the 21st from 1-3:00 p.m. This wonderful Goleta South single level home is very well cared for, remodeled with 4 bedrooms 2 baths, approximately 1800 sqft +/- single family home. Located close to parks, ocean, UCSB and Camino Real Marketplace. Remodeled spacious kitchen opens up to a larger "great room", vaulted ceilings, sunken living room, updated flooring... Continue Reading >
Are Short Sales No Longer a Pain to Close? A lot has changed with the pulse of real estate market here in Santa Barbara and Goleta over the last 12 months. After having a pretty steady / good market from Fall 2011 until about June 2012, the real estate market has really taken off over the last 3-5 months. Seemingly everything that is priced "simply normal" is selling and often with multiple offers. We have also seen a jump in prices across... Continue Reading >
In our overall extremely tight real estate market here in Santa Barbara, here is some needed and encouraging news for all of the condominium buyers out there. The biggest source of funding for buyers with 5-20% down payments, the Federal Housing Administration, has revamped controversial rules that caused thousands of condo complexes across the country to lose their eligibility for FHA financing....and a few here in the Santa Barbara area. The new and revised guidelines issued last week take effect immediately. This will for... Continue Reading >
Here are the latest CORT report statistics for real estate here in Santa Barbara, Montecito, Goleta and Hope Ranch. The overall market also continues to be very strong with most well priced homes selling within a few days to a few weeks. Buyers continue to be very comfortable with prices and are taking advantage of incredibly low interest rates. Other strong signs for the market is that many investors are now buying again as well as cash investors. We are also... Continue Reading >
Where is our real estate market today? We continue to see buyers very very comfortable with where the Santa Barbara real estate market is today. Most reports and statistics are also showing that this very strong market is not just a tick here and there, but a market with "very strong legs". We have now seen about 6-8 straight months of solid activity with homes selling quickly and prices very stable. Here in Santa Barbara, we are now once again confronted with... Continue Reading >
Here are the latest CORT report statistics for real estate here in Carpinteria, Goleta, Santa Barbara, Montecito and Summerland. All of the red "x" delineate REO or distressed sales. As you will notice, the vast majority of our foreclosures and short sales continue to be in the lower end price points. The overall market also continues to be very strong with most well priced homes selling within a few days to a few weeks. Buyers continue to be very comfortable with... Continue Reading >