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Hope Ranch Real Estate for '05 through October
Looking at Hope
Ranch Real Estatefrom where we are in this first week of
November 2005 compared to where we were at the same time in 2004
we see some interesting numbers. The number of total Active
Listings, those on the market right now is down from 74 in '04
to 61 today. Also the number of new listings that came on the
market this year is down from 62 last year to 46 in '05. This is
a 25% decrease in the number of new listings.
The number of properties that are currently in escrow is up
however in '05. At this time last year there was nothing in
escrow and currently there are 5 properties in escrow. Looking
at the number properties that have closed escrow this year we
are behind where we were in '04. In '04 there were 31 properties
that had closed escrow and today there are only 26 properties
that have closed. But if you add in those 5 that are currently
in escrow and that brings us to exactly the same place we were
last year.
The good news for those living in Hope Ranch is that the Average
Sales price of those properties which have closed is up 33% for
the year. The sold prices have gone from $2.48 million in '04 to
$3.3 million today.
The highest priced home that has closed escrow this year is a
$7.95 million dollar home that has 5 Bedrooms and 5.5 Baths. The
lease expensive home that has closed escrow this year is $1.989
millions dollars and has 3 Bedrooms and 3 Baths.
Some other homes that have closed escrow this year include: * A
$6.995 million dollar home with 5 Bedrooms and 8 Bathrooms. * A
5 Bedroom 6 Bath home for $4.995 million * A $4.4 million dollar
home with 5 Bedrooms and 5 Baths * And a 4 Bedroom 5 Bath home
for $3.599
Right now the highest price home for sale in Hope Ranch is
listed for $21.5 million and features over 7 acres of grounds
and a 5 Bedroom 5 Bath home. The least expensive home currently
listed is $2.795 and has 4 Bedrooms and 2.5 Baths.
Some other homes currently on the market include: * A $11.9
million dollar home with 5 Bedrooms and 8 Baths * A 5 Bedroom
4.5 Bath home for $8.95 * A $7.995 million dollar home with 4
Bedrooms and 4.5 Baths * And a 3 Bedroom 4 Bath home $4.195
million
About the author:
None
Gary Woods
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