Montecito Real Estate Update as of May 17, 2018. The number of Montecito homes sold is off 40% year over year. The median sales price is Montecito is off 19.4% and currently stands at $2,700,000 The number of Montecito homes listed for sale is off 26.9% year to date. There is ample supply creating a…
Santa Barbara Real Estate Statistical Update for January 2018. SANTA BARBARA The number of Santa Barbara homes sold is off 31% over this time last year. 78 homes sold in January 2018 compared to 113 homes sold in January 2017. The dollar volume of Santa Barbara homes sold is off 17%. Dollar volume of Santa…
Montecito Luxury Real Estate – New Foreclosure Listing. A 12,000 square foot French Chateau on over 2 acres was just listed at $8,450,000. This Montecito Estate was on and off the market since June 2013 when it was listed at $19,500,000. Opulence exudes throughout this Estate including embellished ceilings and walls you might find in…
Famous Montecito Estate Slashes Asking Price Nearly in Half! A prominent historical Estate in Montecito just reduced asking from $35 million to $17.9 million. The Montecito Estate made famous in the movie “Scarface” has drastically reduced asking price in hopes of putting this historical and storied Montecito Estate in escrow soon. The Montecito luxury real…
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…
Montecito Real Estate Statistical Update – Oct 15, 2014. While the Montecito real estate market continues its double digit median home sales price gains – a great buying opportunity exists in Montecito luxury real estate and buyers are taking notice! Year to date, the Montecito median home selling price is up 12.5%. The Montecito…
Montecito Real Estate Statistical Update – Sept 30 2014. The Montecito real estate market, like the Santa Barbara real estate market has delivered double digit median sales price gains. The Montecito median sales price is up 14.6% over this time last year. The Santa Barbara median sales price is up 14.8% over this same time.…
Historic Montecito Estate Closes Escrow at $10,500,000. La Casa del Sueno closed escrow at $10,500,000. It was originally listed at $22,500,000. in 2011. La Casa del Sueno was designed by famous architect Reginald Johnson in 1917. It was built for heiress Amy du Pont, the youngest daughter of Eugene du Pont – the first head…
Montecito Mansion Listed for $125,000,000. Rancho San Carlos is Santa Barbara’s Most Expensive Real Estate Listing. Rancho San Carlos which has been in the same family for nearly 100 years is now up for sale. The heirs of this fabulous Montecito Mansion are scattered throughout the Country and find managing it from a distance is…
Montecito Real Estate Statistical Update – Sept 15, 2014. The Montecito real estate market continues its impressive median home selling price appreciation. The Montecito median home selling price stands at $2,750,000. The Montecito median home selling price is up 15.8% over this time last year when the Montecito median home selling price was $2,375,000. The…