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Hope Ranch Real Estate from 2000 to 2005 for the First 10 Months of Each Year

There's been a lot written and said about howrose significantly to $2.077 million. The
the numbers of Hope Ranch Real Estate salesnumbers of listings for that time period were
are off when you compare them to 2004. Sinceoff slightly at 49 and the median list price
it's always a good idea to stand back and getwas about where it was in 2002 holing steady
a little perspective to see where we've beenat $2.58 million.Moving into 2004 what
I thought I'd go back to 2000 and look athappened? Well in 2004 at that time we had 25
each subsequent year to today.Okay, sosales with a median sales price of $2.1
looking at Hope Ranch Real Estate for 2000million. So sales dipped slightly from the
from Jan. 1 through October 31 we see 19previous year but the sales price inched up.
sales with a median price of $1.8 million.On the listing side 56 properties came on the
The number of listings for the same timemarket and the median asking price zoomed up
period was 25 with a median list price ofto $3.2 million. So once again number of
$2.09. So there was roughly a 10% disparitysales, and number of listings are pretty
between the list price and sales price.Forclose to what they were in the previous year,
2001 for the same time period sales werebut both the sales and particularly the
slightly slower with 18 properties closinglisting prices moved up.Now in 2005 where are
escrow from 1/1 to 10/31. The median saleswe with Hope Ranch Real Estate? Well sales
price dipped however down to $1.247 million.are down by only 2 from 2004 for a total of
The real big number in 2001 was the number of23 and the median sales price is only
homes that came on the market. 57 homes cameslightly ahead at $2.18. The numbers of
on the market meaning twice at many houses aslistings are off to 41 but the median list
the previous year. When there's more ofprice is up to a whopping $4.49.So looking
something the price falls so that wouldback from 2000 to 2005 we had 19, 18, 23, 30
account for the $1.2 million median salesand 25 sales respectively. This is really a
price. But the original list prices for thosepretty remarkable example of stability. The
57 properties was $2.35 million a bigmedian sales price from 2000 to 2005 went,
difference.So what happened in 2002 as far as$1.8, $1.24, $1.3, $2.07 to $2.18 with the
sales were concerned? From 1/1 to 10/31 therebig  jump  coming  between  '03  and  '04.
were 23 houses that closed escrow. The median
sales price at that time stayed pretty closeSo as far as Hope Ranch Real Estate is
to the 2001 level coming in at $1.3 million.concerned the figures look pretty stable to
The number of listings was 51 year to dateme, and I certainly don't see a bubble
for 2002 with a median list price of $2.59there.Well that's for all for now. Ranch
million. That means from 2001 to 2002 salesReal Estate.comGary Woods is a Realtor in
and prices were pretty flat.In Hope RanchSanta Barbara CA and he is the Trainer for
Real Estate for 2003 the number of sales rosethe Santa Barbara Association of Realtors.
slightly to 30 while the median sales price



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