For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 5 months of ’15 there have been 16 sales compared to 11 last year. The median sales price has also gone down from $3.7 million last year to $2.9 million this year with the average sales price has gone up however from $3.813 million in ’14 to $4.071 million in ’15. The numbers of escrows is down with 16 last year and 15 this year but the median list price on those escrows has gone down from $3.2 million last year to $2.89 million this year. Right now there are 16 Home Estate/PUDs available for purchase in Hope Ranch with a median list price of $5.745 million and an average list price of $9.19 million.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first five months of ’15 in the Condo market there was and was been no activity.