For the Hope Ranch Real Estate area of Santa Barbara Real Estate the sales have remained rather stable throughout the year. Through July we had 19 sales and through September we’ve had 25. The Median Sales price has dropped slightly from $3,950,000 two months ago to the current $3,650,000. But with the slight decline of the Median Sales price we’ve seen a rise in the Average Sales price. Two months ago it was $760,263 to the current $4,897,800. With these slightly fluctuations we’ve also seen very little change in the Sales Price to Original List price numbers. In July we saw 95.29% and now we’re looking at 95.32%. The one really bright number in all this is the Days on the Market has dropped by 3 weeks. Two months ago it took 128 to get your house into escrow and now it takes only 107.
For Condominiums in Hope Ranch Real Estate there was no activity.