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Weekly Market Snapshot

Last week was all about the lucky number 8, with 8 closed sales and 8 new pending sales. The second highest sale of the month closed last week, 1530 Mimosa Lane ($11,700,000). Inventory is low and demand is high, it is sure to be an interesting month. Check back next week for our next update.


What happened in Montecito Last Week?

January 31st - February 6th


Closed sales were up 50% last week.


8 HOMES SOLD


8 LISTINGS WENT INTO ESCROW


5 NEW LISTINGS!


3 PRICE CHANGES


FUN FACT: The highest sale Montecito saw in January 2021 was 650 Picacho Lane, which sold for $15,750,000.


7200 Casitas Pass Road

Offered at $16,500,000


Primoya Farms is a coastal estate of unrivaled beauty and splendor prominently sited above the Pacific Ocean and overlooking vast swaths of rolling hillsides and breathtaking mountain and ocean views. Originally conceived as a Palladian style West Coast residence for Dame Judith Anderson, this magnificent estate now plays host to a Cherimoya orchard, avocado trees and a petite vineyard all surrounded by serenity, peace and privacy in Carpinteria.



That sums it up for last week!

Click here to view more of our current featured listings.

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Nancy Kogevinas

Luxury Collection Director

805.450.6233

Nancy@Kogevinas.com

DRE: 01209514

Berkshire Hathaway

HomeServices California Properties

1255 Coast Village Road 102C

Montecito, CA 93108

DRE: 01317331

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©2021 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.