For the Home Estate/PUD market in Hope Ranch Real Estate there have been 29 sales this year compared to 26 last year. The median sales price rose from $2.056 million last year to $2.6 million this year. The average sales price also went up from $2,593,826 last year to $2,970,586. The numbers of escrows is up from 21 last year to 32 this year with the median list price of those escrows going from $2.425 million last year to about $3.175 million this year. The numbers of new listings are equal this year from 47 last year to 47 this year and the median list price on those new listings stayed about the same going from $3.5 million last year to $3.175 million. Right now there are 19 Home Estate/PUDs available for purchase with a median list price of $4.795 million and an average list price of $7,522,263.
For the Santa Barbara Real Estate area of Hope Ranch Real Estate for the first eleven months of ’14 has seen no activity.