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
Curious about which houses dropped in price last week?
Take a look below.
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.
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!
