The Condo market for the Hope Ranch Real Estate area of Santa Barbara real estate saw no activity.
For Home Estates in the Santa Barbara Real Estate area of Hope Ranch Real Estate overall inventory is about 34% of where it was last year with the numbers of new listings up by 15% to a total of 38. The escrows are 2 behind however with a total of 11 this year and the sales are 3 behind with a total of 8. The average sales price however is up by 5% to about $3.3 million.
The PUD market for the Santa Barbara Real Estate area of Hope Ranch Real Estate there were no listings last year and just 1 this year. The good news is that 1 is now in escrow but has not closed yet.