For the Home Estate/PUD market in Hope Ranch Real Estatethere have only 18 sales with a median sales price of $2.33million and with an average sales price of $3.42 million through November ’09. Last year there were also 18 sales but the median sales price was $2.77 million and the average sales price was $3.13 million. Through November of ’09 there have been 22 escrows opened with a median list price of $2.65 million and last year there were 17 escrows opened with a median list price of $3 million. So far this year there have been 48 new listings with a median list price of $2.65 million and last year there were 44 new listings with a median list price of just under $3 million. Right now there are just 15 Home Estate/PUDs available for purchase in Hope Ranch with a median list price of about $3.5 million.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first seven months of ’08 has seen no activity.