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Weekly Market Snapshot

We are halfway through August already and by this point last year there were 15 closed sales in Montecito. This year we are slightly outpacing 2020 with 17 closed sales so far this month. The largest sale last week was 296 Las Entradas Drive, which has been on the market since the beginning of January 2020. This 6 bedroom/ 11 bathroom estate, sits on nearly 3 acres with 360 degree views of the ocean, coastline and mountains and sold for $22,114,000.


What happened in Montecito Last Week?

August 8th - August 14th


10 HOMES SOLD


10 LISTINGS WENT INTO ESCROW


6 NEW LISTINGS!


1 PRICE CHANGE

This is 797 Ashley Road's fourth price reduction - the asking price is now $5,995,000.



FUN FACT: Of all the active listings in Montecito, 30 of them are over the $5M mark.

456 Crocker Sperry Drive

Newly Listed at $6,150,000