For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first eleven months of ’05 in the Single Family Home market 25 homes closed escrow with a median sold price of $2,700,000 and an average sold price of $3,310,340. 40 homes came on the market with a median asking price of $3,599,000 and an average asking price of $5,498,839. Also for that period 25 properties went into escrow, 3 were withdrawn from the market, 9 listings cancelled, 8 expired and 6 came back on the market. Currently there are 15 homes for sale in the area.
For the Santa Barbara Real Estate area of Hope Ranch for the first eleven months of ’05 in the Condo market there was no activity.