For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 6 months of ’07 in the Single Family Home market 17 homes closed escrow with a median sold price of $3,350,000 and an average sold price of $4,742,352. 26 homes came on the market with a median asking price of $3,195,000 and an average asking price of $4,633,699. Also for that period 21 properties went into escrow, 2 were withdrawn from the market, 2 listings cancelled, 7 expired and 5 came back on the market. Currently there are 13 homes for sale in the area with a median list price of $3,650,000 and an average list price of $7,090,384.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first six months of ’07 in the Condo market there was no activity.