For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 8 months of ’07 in the Single Family Home market 22 homes closed escrow with a median sold price of $3,500,000 and an average sold price of $4,527,045. 32 homes came on the market with a median asking price of $2,950,000 and an average asking price of $5,084,343. Also for that period 25 properties went into escrow, 3 were withdrawn from the market, 3 listings cancelled, 9 expired and 8 came back on the market. Currently there are 13 homes for sale in the area with a median list price of $2,850,000 and an average list price of $6,588,846.
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