For Santa Barbara Real EstateHope Ranch Real Estatearea for the Home Estate/PUD market there have been 6 sales compared to 9 last year for a 33.3% drop. But the median sales numbers are a lot closer together. Last year the median sales price was $2.525 million and this year it’s $2.365 million for a 6.3% drop.
The gap this year is a lot farther apart however. Last year the median list price was $2.65 million with a median sold price of $2.525 million giving us a miniscule -4.7% and this year the median list price is farther up at $3.295 million with a median list price of $2.365 million for a -28.2% gap.
For Santa Barbara Real Estate’s Hope Ranch Real Estate area for the period of Jan.1 through April 15 for Condos there was no activity.