top of page
1147 Hill Rd_0030.jpg

BLOG

Weekly Market Snapshot

For the first half of November the Montecito market remained strong. There seem to be buyers for every price point, however last week the $2M-$5M was the sweet spot, with six of the eight sales falling within that range. Buyer price sensitivity is still prevalent; we saw 5 significant price changes this week that will hopefully encourage action on these properties. Overall, November 2020 is far busier than 2019 and though we are inching closer to the holidays, real estate is full steam ahead, unlike years past. 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 8th - November 14th


8 HOMES SOLD


8 LISTINGS WENT INTO ESCROW


5 NEW LISTINGS!


Curious about which houses dropped in price last week?

Take a look below.


5 PRICE CHANGES


FUN FACT: Believe it or not, we are already half way through November! In 2019 a total of 7 homes closed in the first half of November. This year has more than TRIPLED that number with 22 sales so far this month.

1491 Bonnymede Drive

Newly Listed at $5,495,000

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. A private elevator transports you to the upper level where there is an expansive master suite w/a private ocean-view balcony.Sea Meadow offers the ultimate ''lock and leave'' lifestyle giving residents exclusive use of a private clubhouse, tennis court, pool, spa & more. Luxury awaits!



That sums it up for last week!

Click here to view more of our current featured listings.

Screen Shot 2020-04-22 at 9.19.53 AM.png
Buyer Beat - Your Montecito and Santa Barbara Real Estate Resource
Buyer Beat - Your Montecito and Santa Barbara Real Estate Resource
Nov 29, 2023
How's the Market?
How's the Market?
Nov 27, 2023
Where Dreams and Destination Unite on the Central Coast
Where Dreams and Destination Unite on the Central Coast
Nov 25, 2023
Something Extraordinary is Coming ...
Something Extraordinary is Coming ...
Nov 21, 2023
How's the Market?
How's the Market?
Nov 20, 2023
Q3 - Montecito Market Update
Q3 - Montecito Market Update
Oct 17, 2023
  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • Pinterest
  • YouTube
Follow
Archive
Recent Posts
Featured Post
Categories
bottom of page