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Santa Barbara Real Estate for the 1st 8 Months of ’14 for Hope Ranch

Submitted by Gary Woods on Wed, 09/10/2014 - 12:30

For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first eight months of ’14 there have been 23 sales compared to 22 last year. The median sales price is up from $1.914 million to $2.812 million with the average sales price up from $2.473 million to $3.126 million. The sales price to original list price ratio has gone from 90% to 92% and the numbers of escrows is up this year from 18 with a $2.027 million median list to 25 with a $2.9 million median list. The numbers of new listings is very close together with 35 in ’13 with a median list price of $3.5 million compared to 40 this year with a median list price of $3.254 million. Right now there are 24 Home Estate/PUDs available for purchase with a median list price of $4.845 million and an average list price of $7.056 million. For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first eight months of ’14 has seen no activity.