For the Santa Barbara Real Estate area of Hope Ranch Real Estatefor the first month of ’09 in the Single Family Home market there were no sales but 2 properties did go into escrow with a median list price of $2.55 million. Last year for the same period there were 2 sales with a median sales price of just over $2 million but only 1 escrow opened with a median list price of $4.395 million. 7 new properties came on the market this year with a median list price of about $4.2 million and last year 4 came on for the same period with a median list price of $2.295 million. Currently there are 23 Home Estate/PUDs available for purchase in Hope Ranch with a median list price of about $4.2 million. Those 23 homes have been on the market on average 130 days.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first month of ’08 in the Condo market there was no activity.