For the Home Estate/PUD market in Hope Ranch Real Estate we ended the year with 26 sales in ‘12 down from 27 in ‘11. But in ‘12 the median sales price has risen from $1.95 million in ’11 to $2.115 million in ‘12. The pending numbers are up however going from 29 in ’11 to 32 in ‘12 with the median list price for those opened escrows up from $1.995 million in ’11 to $2.295 million in ‘12. As we finish ‘12 there are just 19 Home Estate/PUDs available for purchase in Hope Ranch with a median list price of just below $4.5 million and average list price of just over $6.808 million.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first seven months of ’08 has seen no activity.