October 22, 2007

Hope Ranch area of anta Barbara Real Estate a Month by Month Look Comparing ’06 to ’07

The year 2007 has seen mostly gains in the number of sales for Home Estates/PUDs in the Santa Barbara Real Estate area of Hope Ranch Real Estate. We started out the year slowly just as we did in 2006 but in March 2007 there were 4 sales compared to last year. Then April saw another 100% followed by May which saw 3 sales compared to 0 for last year. The trend continued in June with another 100% gain followed by July with a 200% gain. August has been the only down month with a 40% decline, but September again shot forward with a 600% rise. The Median Sales price has also risen substantially. Starting off in January there was a 618% rise, February saw a 4% rise, March a 100% rise, and then the only down month of April had a 38% drop off. May again shot forward with a 100% rise and June and July experienced a 126% and 29% rise respectively. Finally in September the Median Sales price was up 65%. All in all it’s been a great year for Hope Ranch Real Estate.

On the condo side for Hope Ranch there was no activity.

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Posted by gandlwoods at October 22, 2007 07:39 AM