For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first 2 months of ’13 for the Single Family Residence market there have been 4 sales this year compared to 5 last year and the median sales price has gone up from $1.875 million to $2.341 million. The average sales price has also risen from $1.898 million to $2,889,687. The numbers of new listings is up from 8 to 9 with the median list price on those listings up from $2.645 million to $2.995 million. The numbers of escrows are up from 3 to 7 with the median list price on those escrows relatively stable rising from about $2.29 million in ’12 to $2.195 million in ’13. Right now there are 20 Home Estate/PUDs available for purchase in Hope Ranch with a median list price of $3.85 million and an average list price of just under $5.78 million.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first two months of ’13 in the Condo market there was no activity.