Is Goleta, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Goleta has remained a Seller's Market.
Housing Prices in Goleta, CA
How much do homes in Goleta, CA cost?
Median Sold Price
$1,250,000
$782/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Goleta was $1,250,000 in March 2024, up 2% from last year, and the median price per square foot was $782.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $585K | $581.2K | -0.6% |
2 Bedrooms | $760K | $753K | -0.9% |
3 Bedrooms | $1.2M | $1.2M | +1.8% |
4 Bedrooms | $1.3M | $1.6M | +19.0% |
5+ Bedrooms | $1.5M | $1.8M | +14.6% |
Summary: Goleta housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 14.6%.
Median Sold Price Compared To Nearby Cities
Santa Barbara | $1.9M | $2.1M | +10.8% |
Goleta | $1.2M | $1.2M | +2.0% |
Housing Supply in Goleta, CA
How many homes are available in Goleta, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 41 | +17.1% |
Summary: The Goleta real estate market had 41 homes for sale in March 2024, a 17.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 8 | +60.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Goleta housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Goleta in March 2024, the same as the previous month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for Goleta, CA
How long does it take to sell a home in Goleta, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 18 Days | -17.8% |
Summary: Homes in Goleta had an average of 18 days on market in Mar 2024, down by 17.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Goleta; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.