Montecito Real Estate Statistical Update – Jan 15, 2015. The Montecito real estate market is off to a very strong start! The Montecito real estate median sales price is $4,090,125. That is up 33.0% from this time last year when the Montecito real estate median sales price was $3,075,000.
The number of new homes listed for sale in Montecito is up 125%. I believe this is due in large part to Montecito homes for sale that are being re-listed for sale after having been temporarily taken off the market for the Holidays. Montecito home buyers are taking action! The number of Montecito homes sold is up 25% over last year.
The Montecito luxury real estate market is red hot! The Montecito luxury real estate median sales price currently stands at $8,400,000. That is up a whopping 72.3% over this time last year when the Montecito luxury real estate median sales price was $4,875,804.
There are 3 new listings in the Montecito luxury real estate segment. Last year at this time there were no new Montecito luxury homes listed for sale. So far there are 2 sales in the Montecito luxury real estate segment. Last year at this time there was 1 sale of Montecito luxury real estate.
For personal attention, call or text Wendy Gragg at 805.453.3371 or email WGragg@DistinctiveRealEstateOnline.com