July 05, 2008

Hope Ranch from May 26 to June 26, 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. That sale price was $3,995,000. Last year at this time there were 2 sales for the period with a median sold price of $4,002,500. Interestingly both days on the market were low. In ’08 it took just 6 days to get an accepted offer and in ’07 it took just 4. This year we’ve seen a big in the numbers of new listings. 9 have come on for this period in ’08 with a median list price of $3,000,000 and an average list price of $6,235,000. Last year only 2 showed up with a median list price of $3,650,000 and an average list price of $4,572,500. The big diversity is again in the numbers of pending listings. Last year for this time period there were 3 homes in escrow with a median list price of $4,590,000 and an average list price of $,572,500. This year there are no homes currently in escrow. Currently there are 23 homes available in Hope Ranch with a Median List price of $2,995,000 and an average list price of $5,570,608.

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

Posted by gandlwoods at July 5, 2008 08:01 AM