December 27, 2007

Hope Ranch Days on the Market through 12/20 plus ’06 to ’07 cumulative numbers

For Hope Ranch Real Estate the sales are up this year by 15 homes. 34 have closed escrow in ’07 vs. 19 at this time last year. The Median Sales price has also advanced showing $3,275,000 in ’07 vs. $2,550,000 in ’06. Original List price radio is up from 86.80% last year to 91.08% this year. And the Days on the Market have lengthened out almost two weeks. Last year it was 90 and this year it’s up to 101. But most people would think waiting an extra 11 days to go into escrow was worth it if you got an almost $800,000 increase in the sales price.

For Condominiums in Hope Ranch Real Estate there was no activity.

Please give a listen to our podcasts at Santa Barbara Real Estate Podcasts


Posted by gandlwoods at December 27, 2007 08:55 AM