Hope Ranch CA Real Estate Home Sales Statistics - Year End 2009

Hope Ranch CA Real Estate Sales 2009

Year to date, there were a total of 19 closed sales of single family homes and condos in Hope Ranch CA.  As of December 31st, 2009, there were 3 properties in Hope Ranch that were pending sale (under contract). The lowest sale in Hope Ranch was a fixer on just under 1 acre located at 825 Las Palmas Drive, Santa Barbara CA., 93110.  The sales price was $1,540,000. The highest sale in Hope Ranch was a gorgeous ocean bluff top estate located on 4385 Marina Drive, Santa Barbara CA., 93110.  The sales price was $12,800,000. Overall, the market in Hope Ranch was a little less than normal as far as activity the entire year.  Prices have come down on average around 25-35% from the peak depending on the individual property.  Currently there is a decent amount of demand for good valued homes in this luxury area of Santa Barbara.  Overall, the luxury market in our area has seemed to stabilize a decent amount just these last 3-4 months. If you would like a more complete update on Hope Ranch, specific information about the general area or other areas within Santa Barbara, Montecito, Carpinteria, Goleta, Summerland, please feel free to contact me.


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