| There's been a lot written and said about
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| | the median sales price rose significantly
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| how the numbers of Hope Ranch Real Estate
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| | to $2.077 million. The numbers of
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| sales are off when you compare them to
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| | listings for that time period were off
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| 2004. Since it's always a good idea to
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| | slightly at 49 and the median list price
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| stand back and get a little perspective
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| | was about where it was in 2002 holing
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| to see where we've been I thought I'd go
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| | steady at $2.58 million.Moving into 2004
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| back to 2000 and look at each subsequent
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| | what happened? Well in 2004 at that time
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| year to today.Okay, so looking at Hope
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| | we had 25 sales with a median sales price
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| Ranch Real Estate for 2000 from Jan. 1
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| | of $2.1 million. So sales dipped slightly
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| through October 31 we see 19 sales with a
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| | from the previous year but the sales
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| median price of $1.8 million. The number
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| | price inched up. On the listing side 56
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| of listings for the same time period was
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| | properties came on the market and the
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| 25 with a median list price of $2.09. So
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| | median asking price zoomed up to $3.2
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| there was roughly a 10% disparity between
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| | million. So once again number of sales,
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| the list price and sales price.For 2001
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| | and number of listings are pretty close
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| for the same time period sales were
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| | to what they were in the previous year,
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| slightly slower with 18 properties
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| | but both the sales and particularly the
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| closing escrow from 1/1 to 10/31. The
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| | listing prices moved up.Now in 2005 where
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| median sales price dipped however down to
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| | are we with Hope Ranch Real Estate? Well
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| $1.247 million. The real big number in
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| | sales are down by only 2 from 2004 for a
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| 2001 was the number of homes that came on
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| | total of 23 and the median sales price is
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| the market. 57 homes came on the market
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| | only slightly ahead at $2.18. The numbers
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| meaning twice at many houses as the
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| | of listings are off to 41 but the median
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| previous year. When there's more of
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| | list price is up to a whopping $4.49.So
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| something the price falls so that would
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| | looking back from 2000 to 2005 we had 19,
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| account for the $1.2 million median sales
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| | 18, 23, 30 and 25 sales respectively.
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| price. But the original list prices for
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| | This is really a pretty remarkable
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| those 57 properties was $2.35 million a
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| | example of stability. The median sales
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| big difference.So what happened in 2002
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| | price from 2000 to 2005 went, $1.8,
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| as far as sales were concerned? From 1/1
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| | $1.24, $1.3, $2.07 to $2.18 with the big
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| to 10/31 there were 23 houses that closed
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| | jump coming between '03 and '04.
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| escrow. The median sales price at that
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| | So as far as Hope Ranch Real Estate is
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| time stayed pretty close to the 2001
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| | concerned the figures look pretty stable
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| level coming in at $1.3 million. The
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| | to me, and I certainly don't see a bubble
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| number of listings was 51 year to date
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| | there.Well that's for all for now. Ranch
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| for 2002 with a median list price of
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| | Real Estate.comGary Woods is a Realtor in
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| $2.59 million. That means from 2001 to
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| | Santa Barbara CA and he is the Trainer
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| 2002 sales and prices were pretty flat.In
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| | for the Santa Barbara Association of
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| Hope Ranch Real Estate for 2003 the
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| | Realtors.
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| number of sales rose slightly to 30 while
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