Hope Ranch CA Real Estate - Year End Sales Statistics for 2008

I have summarized below an easy to look at brief outline of the overall Santa Barbara MLS statistics for both single family homes and condos in the Hope Ranch CA. area for the year 2008.  The comparisons are drawn against the previous year's statistics (2007) for Santa Barbara Real Estate.

SINGLE FAMILY HOMES:

• Single family home listings were up 8% from 46 listings to 50 listings compared to 2007
• Single family homes sold were down 45% from 37 to 20 single family homes sold
• The average sales price was down 28% from $4,569,324 to $3,279,479
• The median sales price was down 11% from $3,200,000 to $2,875,000

The lowest sale in the Hope Ranch area was a single level home for $1.4 Million on Lago Drive.  The highest sale in the Hope Ranch area was an ocean view home for $6.195 Million on Marina Drive.

View: Map of Hope Ranch

View: Current Active Listings in Hope Ranch up to $ 5 Million

View: Current Active Listings in Hope Ranch $ 5 Million and above

For a complete summary of the Santa Barbara Real Estate Market in 2008, information in general on Santa Barbara Real Estate, Montecito Real Estate and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s International Realty.   

Further Reading: Is My Realtor a Santa Barbara Neighborhood Specialist?, Santa Barbara Real Estate Market Statistics, Santa Barbara Real Estate - General News, Santa Barbara - The Oceanfront Areas, Santa Barbara - Community Events, Santa Barbara Luxury Real Estate, The Hope Ranch Neighborhood - Information and Statistics

Thank you for reading.  I hope you find Santa Barbara Real Estate Voice informative.  Please feel free to contact me or comment below with any thoughts. 

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