For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 7 months of ’07 in the Single Family Home market 20 homes closed escrow with a median sold price of $3,650,000 and an average sold price of $4,682,250. 28 homes came on the market with a median asking price of $3,195,000 and an average asking price of $5,462,571. Also for that period 22 properties went into escrow, 2 were withdrawn from the market, 2 listings cancelled, 8 expired and 6 came back on the market. Currently there are 13 homes for sale in the area with a median list price of $3,050,000 and an average list price of $6,979,076.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first seven months of ’07 in the Condo market there was no activity.