For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the last 30 days there 3 closed escrows compared to 5 at this time last year. The median sales price has also declined from $3,650,000 last year to $2,555,500 this year. There’s an even wider gap in the average sales price which has gone from $5,810,000 last year to $2,550,166 this year. It looks like things are going to continue in this vein because last year for this period there were 7 Home Estate/PUDs that entered escrow and this year there was only 1 and last year the median list price for those 7 stood at $5,975,000 and this year it resides at $2,495,000. Right now in Hope Ranch there are 18 Home Estate/PUDs available for purchase with a median list price of $3,450,000 and an average list price of $5,872,444. The average days on the market for those 18 Homes are 133.
For the Santa Barbara Real Estate areas of Hope Ranch Real Estate for Condominiums there was no activity.
Posted by gandlwoods at September 30, 2008 08:51 AM