For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first month of ’07 in the Single Family Home market 1 home closed escrow with a median sold price of $6,900,000 and an average sold price of $6,900,000. 4 homes came on the market with a median asking price of $2,150,000 and an average asking price of $3,698,500. Also for that period 2 properties went into escrow, 1 was withdrawn from the market, 1 listing cancelled, 5 expired and 1 came back on the market. Currently there are 12 homes for sale in the area with a median list price of $3,498,700 and an average list price of $6,120,141.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first month of ’07 in the Condo market there was no activity.