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Weekly Market Snapshot

Closed sales and new listings were down last week, but that does not mean the week was less than thrilling. Three of the closed sales sold off market, one of which was $45M! Another big sale, though not off market, 700 Park Lane sold for $22.7M. Following the pattern of 2020, extravagant estates are IN vogue this year.


What happened in Montecito Last Week?

February 7th - March 13th


7 HOMES SOLD


10 LISTINGS WENT INTO ESCROW


New listings are down by nearly 50% this week.


7 NEW LISTINGS!

3 PRICE CHANGES



FUN FACT: Midway through March we have had a total of 21 sales in Montecito; at this point in 2020 there were only 11 sales.


595 Freehaven Drive

Newly Listed at $3,950,000

Behold the majesty of soaring high ceilings and spectacular panoramic mountain views when you step inside this contemporary residence with expansive outdoor entertaining areas and ample square footage including several “flex rooms” for a variety of live/work options and separate-entry guest quarters. Prominently sited on over 3 acres in Montecito’s coveted east end, the home invites breathtaking mountain views, peaceful breezes and quiet seclusion with “wow” moments around every corner as you soak in the majesty of the location.



That sums it up for last week!

Click here to view more of our current featured listings.

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Stylish Beachside Modernism
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Our Success is Your Success
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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.