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Weekly Market Snapshot

Yes, it's true that traditionally the holidays are a slower time of year for real estate, but with historically low interest rates available and appreciation still on the rise, now is a great time to buy or sell a home. Last week in Montecito 4 homes sold - 513 Crocker Sperry Drive being a highlight. This property was listed several times over the last year-and-a-half, but unsuccessful in selling. Less than a week after being staged, this property sold for 100% of its asking price ($5,795,000). Take a sneak peak of this Montecito residence below.




What happened in Montecito Last Week?

October 31st - November 6th



4 HOMES SOLD


Pending sales were up last week.


7 LISTINGS WENT INTO ESCROW



New listings were still very low last week.


2 NEW LISTINGS




1 PRICE CHANGE



FUN FACT: Currently there are a total of 23 pending sales in Montecito.



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