Montecito Real Estate January 1st through May 31, 2011.  The number of Montecito homes sold through the end of May 2011 is up 23.9% versus the same time last year.

The number of newly listed Montecito homes for sale is down 0.7% compared with this same time last year.

The median sales price of Montecito homes sold is up 12.3% compared to this same time last year.    The median sales price  is $2,850,000. as compared with $2,500,000 last year.

Interestingly, the median list price, on the newly listed Montecito homes for sale is down 39.9%.  The median list price of Montecito homes for sale is  $3,300,000. as compared with $5,495,000. this same time last year.

There is a great selection of Montecito homes for sale in every price range.  You can view  Montecito homes for sale matching your specific criteria by clicking SEARCH MONTECITO REAL ESTATE.  Click DREAM HOME FINDER to receive new listings and price reductions matching your specific needs.   For personalized attention call Wendy Gragg at 805.453.3371 or email WGragg@DistinctiveRealEstateOnline.com