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 there have been about 10% fewer listings available this year but there has been a slight rise of new listings coming on the market. This slight surge of new listings has however not given us a rise of the numbers of escrow. On the contrary escrows are down by about 44% and sales are down by 50%. Adding insult to injury the average sales price has dropped by about 31% but still hovers around $3.1 million.
The PUD market for the Santa Barbara Real Estate area of Hope Ranch Real Estate saw no activity.