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Montecito Market Trends

Today, December 5, 2009

Montecito Summary

The median sales price for homes in Montecito CA for May 03 to Jul 03 was $1,542,500. This represents a decline of 7.9%, or $132,500, compared to the prior quarter and an increase of 0% compared to the prior year.

The average listing price for Montecito homes for sale on Trulia was $6,396,065 for the week ending Nov 25, which represents a decline of 5.3%, or $357,047, compared to the prior week and an increase of 7.3%, or $435,521, compared to the week ending Nov 04.

 

Average Listing Price in Montecito

Embed Info
1 yr 5 yr Max
Montecito average property price
Montecito – number of properties
No. BedroomsWeek ending
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
1 bedroom-----
2 bedrooms$2,603,739-9.3%$2,871,408$2,721,141$2,560,298
3 bedrooms$3,293,216+0.1%$3,289,500$3,279,993$3,220,948
4 bedrooms$4,645,590+3.0%$4,510,942$4,290,235$4,198,641
All properties$6,396,065-5.3%$6,753,112$6,282,556$5,960,544
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Homes for Sale in Montecito

611 Oak Grove Drive, Montecito CA
611 Oak Gr…
$2,250,000
 
171 Santo Tomas Lane, Montecito CA
171 Santo…
$2,995,000
5 br  4 full 5 partial ba
Address Not Disclosed, Montecito CA
Address Not…
$15,000
3 br  3 ½ ba
128 Arroqui Road, Montecito CA
128 Arroqui…
$1,345,000
4 br  3 ba
1390 East Pepper Lane, Montecito CA
1390 E Pep…
$1,950,000
3 br  3 ba
2120 Forge Road, Montecito CA
2120 Forge…
$1,995,000
1 br  2 ba
View all Montecito Homes for Sale
 
Stats & Trends
Montecito

Real Estate Overview

Market Trends

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Community Info

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  • 93108
  • 93150
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Nearby Cities

Cities
Median
sales price
Average
listing price
Summerland
$3,295,000
$1,849,224
Santa Barbara
$630,000
$2,934,167
Carpinteria
$13,995,000
$3,714,005
Goleta
$510,250
$1,097,905
Gaviota
$1,706,000
$22,144,143
Oak View
$376,500
$692,267
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Advice

Recent Q&A in Montecito, CA

Q: What is the price per acre of undeveloped land in Montecito? How do you determine this? 6 answers
Q: Re:1406 APS property : seller claims"own a piece of SB history." Is this a valid claim? What's the story here? 1 answer
Q: Rent, or rent to buy in gated 93108. Number of gated communities in 93108? Any time-frame restrictions? 2 answers
Q: summit road 3 answers
Q: Are foreclosures actually worth pursuing to get discounted homes? 60 answers

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Nearby Cities Real Estate

  • Summerland Real Estate
  • Santa Barbara Real Estate
  • Carpinteria Real Estate
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  • Gaviota Real Estate
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Summerland Home Prices
  • Santa Barbara Home Prices
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  • Goleta Home Prices
  • Gaviota Home Prices
  • Oak View Home Prices

Montecito Stats & Trends

  • Montecito Real Estate Overview
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Our real estate market trends page gives you a valuable overview of the Montecito real estate market. Find Montecito properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Montecito average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Montecito housing statistics are available for each Montecito, CA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.