May 30, 2008

Hope Ranch from April 23 to May 23, 08 for the Santa Barbara Real Estate area

For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the last 30 days there was only 1 closed escrow but it was a big one at $6,195,000. But even this number falls behind the ‘07 numbers when we saw 4 sales with a Median Sales Price of $9,000,000. The doldrums continue when we look at the pending listings. For ’07 5 homes went into escrow and in ’08 we see only 2. Earlier in the year it looked like the Hope Ranch area was going to keep pace and even surpass the ’07 numbers but now it looks like we’re starting to fall behind in all categories.

For the Santa Barbara Real Estate areas of Hope Ranch Real Estate for Condominiums there was no activity.


Posted by gandlwoods at May 30, 2008 08:30 AM