For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 4 months of ’07 in the Single Family Home market 10 homes closed escrow with a median sold price of $2,627,500 and an average sold price of $3,856,500. 18 homes came on the market with a median asking price of $2,627,500 and an average asking price of $3,856,500. Also for that period 14 properties went into escrow, 1 was withdrawn from the market, 2 listings cancelled, 7 expired and 3 came back on the market. Currently there are 13 homes for sale in the area with a median list price of $5,250,000 and an average list price of $5,564,846.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first four months of ’07 in the Condo market there was no activity.