For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 8 months of ’06 in the Single Family Home market 12 homes closed escrow with a median sold price of $2,550,000 and an average sold price of $2,794,583. 39 homes came on the market with a median asking price of $2,990,000 and an average asking price of $3,640,641. Also for that period 17 properties went into escrow, 2 were withdrawn from the market, 4 listings cancelled, 11 expired and 6 came back on the market. Currently there are 27 homes for sale in the area with a median list price of $3,295,000 and an average list price of $5,014,888.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 8 months of ’06 in the Condo market 1 condo closed escrow with a median sold price of $1,000,000 and an average sold price of $1,000,000. 1 condo came on the market with a median asking price of $1,099,000 and an average asking price of $1,099,000. Also for that period 1 property went into escrow, 0 were withdrawn from the market, 0 listings cancelled, 0 expired and 0 came back on the market. Currently there are 0 condos for sale in the area with a median list price of $0 and an average list price of $0.