For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first seven months of ’10 for the Home Estate/PUD market there have been 11 sales compared to 9 last year. The median sales price has also gone up from $2.35 million last year to about $3 million this year with the average sales price rising from $3 million last year to $3.6 million this year. The numbers of escrows is down however from 12 to 11 with the median list price on those escrows dipping from $2.55 million last year to $1.95 million this year. Right now there are 31 Home Estate/PUDs available for purchase in Hope Ranch with a median list price of $3.4 million and an average list price of $5.4 million.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first seven months of ’08 has seen no activity.