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Weekly Market Snapshot - Up Up & Away

Updated: Apr 11, 2022

If you thought home appreciation in Montecito couldn't continue at the speed of 2020 and 2021 - it is time to think again. The average home price in Montecito went up 18% from 2019 to 2020 and 25% from 2020 to 2021. Month to date, we have already seen a 31.4% increase in the average home price from 2021 to 2022. Will it continue? Only time will tell.



What happened in Montecito Last Week?

February 6th - February 12th




NO PRICE CHANGES



FUN FACT: There are approximately 31 active listings in Montecito right now.
 

A vibrant and versatile lifestyle is matched only by the timeless design and outstanding ocean and mountain views from this 2.4 acre Montecito estate. A youthful energy permeates throughout the residence and property where old and new coexist in a seamless blend.


That sums it up for last week!

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