$10,000 Closing Credit*
$1,450,000
3 Beds
•2 Full Baths
Katinka Goertz, Listing Office: Berkshire Hathaway HomeServices California Properties
Is Goleta South, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Goleta South has remained a Seller's Market.
Key Takeaway
Goleta South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Goleta South, CA
How much do homes in Goleta South, CA cost?
Median Sold Price
$1,067,500
$792/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$127,500(-10.7%)
Key Takeaway
Homes in Goleta South have sold for 10.7% less than they did a year ago.
Summary: The median home sold price in Goleta South was $1,067,500 in November 2024, down 10.7% from last year, and the median price per square foot was $792.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $578K | $565K | -2.2% |
| 2 Bedrooms | $755K | $825K | +9.3% |
| 3 Bedrooms | $1.2M | $1.2M | -1.5% |
| 4 Bedrooms | $1.4M | $1.4M | -0.6% |
| 5+ Bedrooms | - | $1.7M | N/A |
Summary: Goleta South housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 9.3%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Noleta | $1.3M | $1.5M | +11.1% |
| Goleta North | $1.3M | $1.4M | +10.5% |
| Goleta South | $1.1M | $1.0M | -10.7% |
Housing Supply in Goleta South, CA
How many homes are available in Goleta South, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Summary: The Goleta South real estate market had 17 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Goleta South housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Goleta South, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Goleta South in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Goleta South, CA
How long does it take to sell a home in Goleta South, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 19 Days | -32.7% |
Summary: Homes in Goleta South had an average of 19 days on market in Nov 2024, down by 32.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Goleta South are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Goleta South; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.