The Condo market for the Hope Ranch Real Estate area of Santa Barbara estate saw now activity.
For Home Estates in the Santa Barbara Real Estate area of Hope Ranch Real Estate the inventory is down from what it was in ’07 when we saw 24 total listings. Currently there have been 21 active listings in the area. But the numbers of new listings is up from 8 in ’07 to the current 11 in ’08. The numbers of escrows is up by 1 from last, but the numbers of sales is 1 behind. The Average Sales price is down by 12% from $3,509,000 last year to $3,082,816 this year.
The PUD market for the Santa Barbara Real Estate area of Hope Ranch Real Estate saw no activity.