top of page
1147 Hill Rd_0030.jpg

BLOG

Montecito Market Update: January, 2019

Updated: Apr 23, 2020

Montecito saw 11 sales in January, 2019 with 5 cash sales, 4 off-market sales, an average sales price of $4,817,136 (up 59% from last year) and a median sales price of $2,400,000 (down 20% from last year).



 


The highest sale was 2955 East Valley Road which sold for $27,000,000 after being on the market for 18 months. Listed by Compass, the 8-acre property was originally offered at $35,000,000.






 



Another significant sale was 640 Stonehouse Lane, which was originally listed at $6,195,000 by Berkshire Hathaway HomeServices and sold for $5,579,500 after 129 days on market. The French Country manor sits on just over an acre off East Valley Road.



 

Of the 7 on-market sales, 6 were sold by Berkshire Hathaway HomeServices (either on the listing side, selling side, or both!).



For more information on the Montecito market, contact us at (805) 450-6233 or Nancy@Kogevinas.com -- we'd love to hear from you!



Screen Shot 2020-04-22 at 9.19.53 AM.png
How's the Market?
How's the Market?
Sep 24, 2023
How's the Market?
How's the Market?
Sep 18, 2023
Nancy's Notes
Nancy's Notes
Sep 14, 2023
Simple Summerland Pleasures
Simple Summerland Pleasures
Sep 13, 2023
How's the Market?
How's the Market?
Sep 11, 2023
Nancy's Notes
Nancy's Notes
Sep 14, 2023
  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • Pinterest
  • YouTube
Follow
Archive
Recent Posts
Featured Post
Categories
bottom of page