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Montecito Real Estate Market Snapshot

Heading into the holiday weekend we saw 8 New Listings — the most we have seen in a while! And although the summer season and long weekend has reduced the number of showings, we are hearing that several new listings are already getting offers. Last week had 5 Closed Sales plus 5 Pacaso fractional sales, which have been controversial to say the least! And 2 of the sales, one a beach side condo and one a Sea Meadow attached home, both sold well over $2,000sf - underscoring the continued demand for this Montecito location and lifestyle! Although there were only 3 pending sales, two sold with multiple offers and over asking and the third is an $18.5M listing. There are approximately 24 active listing in Montecito as of today, which include a timeless and luxurious Montecito estate, a beachy townhouse just steps to Butterfly Beach and many other great finds.


What happened in Montecito Last Week?

June 26th - July 2nd


10 CLOSED SALES

3 LISTINGS WENT INTO ESCROW

8 NEW LISTINGS


I'm home for the 🇺🇸 4th after a USA Coast to Coast Road Trip with my daughter Mary — hikes, bikes, lakes, barns, rain, mud, sun, horses, diners & dives to deluxe, and so many memories made with friends & family! Hope you are out enjoying the day.


HAPPY FOURTH OF JULY FROM
OUR KOGEVINAS LUXURY PROPERTIES' FAMILY TO YOURS


 

That sums it up for last week!

Click here to view more of our current featured listings.

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