For the Santa Barbara Real Estate area of Hope Ranch Real Estatefor the first 5 months of ’07 in the Single Family Home market 13 homes closed escrow with a median sold price of $3,350,000 and an average sold price of $5,139,615. 23 homes came on the market with a median asking price of $3,195,000 and an average asking price of $5,752,130. Also for that period 18 properties went into escrow, 1 was withdrawn from the market, 2 listings cancelled, 7 expired and 4 came back on the market. Currently there are 14 homes for sale in the area with a median list price of $2,895,000 and an average list price of $6,747,785.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first five months of ’07 in the Condo market there was no activity.