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Weekly Market Snapshot

With less than two weeks left in 2020 the market has continued to slow a bit, perhaps a nice respite before the New Year. Closed and pending sales, as well as price changes all hovered at four this week and there were five new listings.

This is very similar to the last week and what we expect to see for the final two weeks of the year.

Happy holidays to all!


What happened in Montecito Last Week?

December 13th - December 19th


4 HOMES SOLD


4 LISTINGS WENT INTO ESCROW


A little bit of everything came on the market last week.

Take a look below.


5 NEW LISTINGS!


4 PRICE CHANGES


FUN FACT: There are approximately 100 active listings in Montecito (Area 10). This is an impressive number considering there are only 128 active listings in all of Santa Barbara (Areas 15, 20, 25).


1379 Oak Creek Canyon Road

Listed at $9,950,000


Enhanced by the verdant gardens, this classic 5 bedroom Spanish colonial style compound overflows with visual and sensory appeal inside and out. Exquisitely designed gardens intersect stone terraces, pathways, an ocean view fire pit, succulents, and rolling hillsides with mature olive and oak trees — all providing spaces for entertaining or quiet reflection.



That sums it up for last week!

Click here to view more of our current featured listings.

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