1147 Hill Rd_0030.jpg

BLOG

Weekly Market Snapshot

Spring forward! Longer days are here and although new listings remain scarce, we were buzzing with activity last week. In Montecito, seven homes sold and seven went into escrow capping off a busy week. Breaking it down, the highest number of sales have been in the $2-$4M price range followed closely by $4-$6M (see chart below). However, luxury sales, $10M+ are up 17% from 2021 year to date with seven sales so far this year. Several $10M+ luxury listings went into escrow last week, provi



What happened in Montecito Last Week?

March 6th - March 12th


7 HOMES SOLD


7 LISTINGS WENT INTO ESCROW


3 NEW LISTINGS


1 PRICE CHANGE


FUN FACT: There are approximately 29 active listings in Montecito.
 

491 Pimiento Lane | Offered at 8,500,000

The ultimate 'reveal'-a magnificent motor court is just the beginning! Step through the vintage wooden entry doors into a romantic hacienda where arcaded silhouettes, a rich and modern palette, and natural materials co-exist among a stunning courtyard of fountains, paths and gardens enveloping you in a private open air living room.




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
Montecito Real Estate Market Snapshot
Montecito Real Estate Market Snapshot
Nov 28, 2022
Montecito Real Estate Market Snapshot
Montecito Real Estate Market Snapshot
Nov 21, 2022
Escape to the Riviera
Escape to the Riviera
Nov 16, 2022
Montecito Real Estate Market Snapshot
Montecito Real Estate Market Snapshot
Nov 14, 2022
Montecito Real Estate Market Snapshot
Montecito Real Estate Market Snapshot
Nov 7, 2022
A Slower Pace
A Slower Pace
May 4, 2022
  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • Pinterest
  • YouTube
Follow
Archive
Recent Posts
Featured Post
Categories
 
&noFooter=1