For Santa Barbara Real Estate’s Hope Ranch area there are very few condos so the statistics are pretty sketchy. There were no Condos for sales last year and there are 2 on the market currently. This is of course the same number for new listings this year vs. last. There were no sales last year and only one this year with a sales price of $910,000.
In the Single Family Dwelling market of Santa Barbara Real Estate’s Hope Ranch area the listings are down from 51 last year to 43 this year for a decrease of -15%. New listings are also down with last year coming in at 39 and this year at 27 for a decrease of
-30%. The sales are also down slightly with 17 last year and only 14 this year for a decrease of -17%. The Average Sales Price however is way up with $2,071,883 last year to $2,856,143 this year for an increase of 37%.