April 01, 2008

Hope Ranch Days on the Market through 3/20 plus ’08 to ’07 cumulative numbers

For Hope Ranch Real Estate the sales are up this year by 2 homes. 6 homes have closed escrow so far in ’08 compared to 4 for the same period in ’07. The Median Sales price is slightly down however with the ’08 number posting at $2,392,040 compared to the ’07 number of $2,627,500. The Average Sales price is also down from the ’07 number. This year the Average Sales price has been $2,887,346 compared to the ’07 number of $3,588,750. The only saving grace has been that it has taken only 86 Days on the Market to get an accepted offer in ’08 compared to the 118 Days it took in ’07.

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 April 1, 2008 08:59 AM