Is Goleta North, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goleta North is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Goleta North has remained a Seller's Market.

Key Takeaway

Goleta North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Goleta North, CA

How much do homes in Goleta North, CA cost?

Median Sold Price

$1,457,500

$917/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$157,500(+12.1%)

Key Takeaway

Homes in Goleta North have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in Goleta North was $1,457,500 in September 2024, up 12.1% from last year, and the median price per square foot was $917.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $629K$615.5K
-2.1%
2 $761K$773.1K
+1.6%
3 $1.2M$1.3M
+6.7%
4 $1.5M$1.7M
+12.8%
5+ $1.8M$1.7M
-4.7%

Summary: Goleta North housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 4.7%.

Median Sold Price Compared To Nearby Neighborhoods

Goleta North
+12.1%
Noleta
+7.4%
Goleta South
+1.8%

Housing Supply in Goleta North, CA

How many homes are available in Goleta North, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4448+9.1%

Summary: The Goleta North real estate market had 48 homes for sale in September 2024, a 9.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 912
+33.3%
3 1517
+13.3%
4 1818
0.0%
5+ 21
-50.0%

Summary: The Goleta North housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1213+8.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Goleta North, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Goleta North in September 2024, up by 8.3% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.

Days on Market for Goleta North, CA

How long does it take to sell a home in Goleta North, CA?

Average Sale Time

Sep 2023Sep 2024CHANGE
27 Days21 Days-24.0%

Summary: Homes in Goleta North had an average of 21 days on market in Sep 2024, down by 24% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Goleta North are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 13 homes were sold in Goleta North; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Goleta North, CA

Nearby Markets to Goleta North, CA