For Santa Barbara Real Estate Hope Ranch Real Estate for the Home Estate/PUD market through August 13 there have been 12 sales compared to 10 last year for a 20% rise and the median sales price has gone up from $2.26 million last year to $2.41 million this year for a 7% rise.
The gap this year of the median list price of about $3.42 million and the median sales price of $2.41 million gives us a 30% gape and last year the median list price was $2.9 million and when combined with the median sales price of $2.26 million gave us a gap of 22%.