top of page
1147 Hill Rd_0030.jpg

BLOG

Montecito Market Update: March 2020

Updated: Apr 17, 2020






Unpredictable, disconcerting, boredom, stressful- it’s all part of our new normal!

The word in Montecito is that deals are still happening and escrows are mostly staying together, although some with time extensions and moderate price adjustments. This has definitely been our experience with 5 of 6 escrows on track to close or closed in the last 2 weeks.


Across the broader Montecito market, there were 16 cancelled listings and 14 properties were withdrawn in the month of March - this is higher than previous months (February: 10 cancelled and 2 withdrawn). After the initial shock and confusion surrounding the coronavirus threat, we are seeing a nation and world making admirable adjustments to stay productive while distancing. In our world of Santa Barbara real estate, the pace is beginning to pick back up and buyers and sellers are looking and listing; making plans for a future that, now more than ever, involves a home that is a sanctuary.


Stay healthy everyone!



Screen Shot 2020-04-22 at 9.19.53 AM.png
Buyer Beat - Your Montecito and Santa Barbara Real Estate Resource
Buyer Beat - Your Montecito and Santa Barbara Real Estate Resource
Nov 29, 2023
How's the Market?
How's the Market?
Nov 27, 2023
Where Dreams and Destination Unite on the Central Coast
Where Dreams and Destination Unite on the Central Coast
Nov 25, 2023
Something Extraordinary is Coming ...
Something Extraordinary is Coming ...
Nov 21, 2023
How's the Market?
How's the Market?
Nov 20, 2023
Q3 - Montecito Market Update
Q3 - Montecito Market Update
Oct 17, 2023
  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • Pinterest
  • YouTube
Follow
Archive
Recent Posts
Featured Post
Categories
bottom of page