top of page
1147 Hill Rd_0030.jpg

BLOG

Montecito Real Estate Market Snapshot

Updated: Sep 29, 2022

The second week of July had zero closed transactions in Montecito - definitely a notable change and further indication of the dwindling supply of properties available. Buyers are still in the market in abundance, although somewhat more discerning and questioning prices for many listings and distracted with vacations. There were 6 New Listings all at or under $7 million (with 1530 San Leandro leading the charge in the Hedgerows and garnering activity reminiscent of 2021 - underscoring that homes in the right location, and priced well, are attracting strong interest and buyers!). Montecito saw 4 Pended Sales, however 29 Seaview Drive returned to market days later, and 7 Price Changes, 3 of which were land sale price reductions.


Summer has traditionally been a great time for buyers to get the best deals as the competition is lighter, and this Summer seems to be proving that is true in Montecito. Let me know if you want the inside story on Montecito real estate.


What happened in Montecito Last Week?

July 10th - July 16th



3568 Toro Canyon Park Road
 

1530 San Leandro Lane | Montecito


That sums it up for last week!

Comments


Screen Shot 2020-04-22 at 9.19.53 AM.png
How's the Market?
How's the Market?
Apr 22, 2024
Dramatic Oceanview Dreamscape
Dramatic Oceanview Dreamscape
Apr 16, 2024
How's the Market?
How's the Market?
Apr 15, 2024
Architecture As Art in Montecito
Architecture As Art in Montecito
Apr 13, 2024
The Centerpiece of Your Montecito Story
The Centerpiece of Your Montecito Story
Apr 11, 2024
How's the Market?
How's the Market?
Apr 22, 2024
  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • Pinterest
  • YouTube
Follow
Archive
Recent Posts
Featured Post
Categories
bottom of page