May 23, 2008

Hope Ranch Days on the Market through 5/13 plus ’08 to ’07 cumulative numbers

For Hope Ranch Real Estate the sales are down this year by 4 homes. 8 homes have closed escrow so far in ’08 compared to 12 for the same period in ’07. The Median Sales Price has also dropped from $3,002,500 this year to $2,392,040. There has been a huge drop in the Days on the Market this year. Last year it took 159 days to get an accepted offer and this year it has taken only 68. Other than that the Sales Price to Original List Price is very close together. In ’07 it was 92.44% and in ’08 it has been 92.87%.

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

Posted by gandlwoods at May 23, 2008 08:24 AM