For the Santa Barbara Real Estate area of Hope Ranch Real Estate for all of ’07 in the Single Family Home market 34 homes closed escrow with a median sold price of $3,275,000 and an average sold price of $4,655,147. 42 homes came on the market with a median asking price of $2,950,000 and an average asking price of $4,748,309. Also for that period 36 properties went into escrow, 4 were withdrawn from the market, 6 listings cancelled, 13 expired and 14 came back on the market. Currently there are 9 homes for sale in the area with a median list price of $2,850,000 and an average list price of $6,728,111.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for all of ’07 in the Condo market there was no activity.