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Weekly Market Snapshot

Updated: Mar 19

March is off to a strong start! Last week was a big week for closings - over 15 homes sold, 6 of which were over $5M and 3 off market sales. New listings are not lagging in Montecito. There were 13 new listings that came on last week at every price point from $27.9M down to $2.7M. Fast pace is still the name of the game in Montecito.


What happened in Montecito Last Week?

February 28th - March 6th


15 HOMES SOLD


Pending sales are slightly down this week.

9 LISTINGS WENT INTO ESCROW


New listings are up again this week!


13 NEW LISTINGS!

1 PRICE CHANGE

777 Lilac Drive was reduced to $4.85M and went into escrow shortly after.


FUN FACT: There are currently 35 rentals available in Montecito.


1121 Cima Linda Lane

Offered at $3,295,000

Built in 2006, the well-appointed 4 bedroom/ 3.5 bathroom home was thoughtfully crafted to make everyday life feel extraordinary. As you step through the entrance, every room draws you outside to one of the multiple sun-drenched decks. The well-designed floor-plan creates an easy flow from room to room while still maintaining privacy. A timeless Santa Barbara villa awaits!



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.