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How's The Market?

A week of 2 in Montecito - 2 New Listings, 2 Pending Sales and 2 Closed Sales. One of the two closed sales was 377 Santa Rosa Lane, which closed off market for $14,230,000, which is the third highest sale in Montecito so far this year.


There are a total of 33 active listings in Montecito - 10 of which are above $10M, 11 between $5-$10M and 12 listings below $5M, a relatively even distribution between price points. We have heard of several upcoming listings, ours and others, and would love to share them with you! Please don't hesitate to reach out to learn more.



What happened in Montecito Last Week?

March 5th - March 11th



871 DEERPATH ROAD

This recently renovated, single level residence and fully permitted ADU on a private acre of estate-like grounds offers a perfect getaway in an ideal location. Offered at $5,995,000


47 SEAVIEW DRIVE

Exquisite Montecito Shores second-floor unit, with 2 spacious bedrooms, a light and airy kitchen and dramatic living room. Offered at $3,395,000



https://www.flexmls.com/share/8Iiji/Selected



Below are quick links to luxury listings (+$2M), around town:




Below is our weekly Montecito Market Summary.






 

That sums it up for last week!

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