For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 3 months of ’07 in the Single Family Home market 6 homes closed escrow with a median sold price of $2,627,500 and an average sold price of $3,284,166. 12 homes came on the market with a median asking price of $3,195,000 and an average asking price of $5,159,916. Also for that period 10 properties went into escrow, 1 was withdrawn from the market, 1 listing cancelled, 7 expired and 3 came back on the market. Currently there are 12 homes for sale in the area with a median list price of $5,495,000 and an average list price of $6,794,000.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first three months of ’07 in the Condo market there was no activity