For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 11 months of ’07 in the Single Family Home market 33 homes closed escrow with a median sold price of $3,350,000 and an average sold price of $4,735,606. 40 homes came on the market with a median asking price of $3,195,000 and an average asking price of $4,891,725. Also for that period 33 properties went into escrow, 4 were withdrawn from the market, 6 listings cancelled, 12 expired and 13 came back on the market. Currently there are 10 homes for sale in the area with a median list price of $2,850,000 and an average list price of $6,658,800.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first eleven months of ’07 in the Condo market there was no activity.