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Weekly Market Snapshot

The first week of November seemed to mirror the last week of October very closely in the Montecito real estate market. New listings are slightly up, however the number of closed sales is the exact same - 13. Three of the homes sold were over $10M, with the largest sale being 2955 E Valley Road, which sold for $33,308,250. This is a 23.4% increase from when it sold in January 2019! Check out all the Montecito market happenings below. For more detail or the back story on these and other Montecito sales, don’t hesitate to get in touch.


What happened in Montecito Last Week?

November 1st - November 8th


13 HOMES SOLD


6 LISTINGS WENT INTO ESCROW


5 NEW LISTINGS!


FUN FACT: Only one home was withdrawn from the market in Montecito last week - the same as the last week of October.

1491 Bonnymede Drive

Newly Listed at $5,495,000

Montecito seaside living at its finest! Privately secured behind the guarded gates of Sea Meadow, this 3 bedroom home has been freshly revitalized in a recent remodel. Just a stone's throw from the beach and a short distance from the Rosewood Miramar resort and vibrant shopping and restaurants in the lower village, the home offers style, luxury, and convenience.



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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©2020 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.