For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 9 months of ’07 in the Single Family Home market 30 homes closed escrow with a median sold price of $3,275,000 and an average sold price of $4,638,500. 36 homes came on the market with a median asking price of $3,195,000 and an average asking price of $4,638,500. Also for that period 33 properties went into escrow, 4 were withdrawn from the market, 3 listings cancelled, 10 expired and 10 came back on the market. Currently there are 9 homes for sale in the area with a median list price of $2,695,000 and an average list price of $6,957,222.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first nine months of ’07 in the Condo market there was no activity.