For Santa Barbara Real Estate Hope Ranch Real Estatearea for the Home Estate/PUD market there have been 10 sales compared to 11 last year but the median sales price has dropped about 9% from $2.525 million last year to $2,262,500 this year.
The gap this year is 24% with a $3 million median list price compared to that $2,262,500 median sold price and last year that $3 million median list price compared to the $2.525 million sold price for a 15% 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.