How’s the Market?

This cracked me up and I wanted to share it to kick off Halloween week

Click here to see what happens when Dads get together, and no one supervises?

The last two days of October are here! Nationally, the average number of days a home was on the market was 21 days. Of the 15 sales we have seen so far this month in Montecito, 46% of those sales have sold in less than 30 days. Nevertheless, there are many properties that have had price reductions and have been on the market well over 60 days – the time is right to make offers on those homes.

Last week there were 8 New Listings, 3 Closed Sales and 2 new Pending Sales. One of the Closed Sales was off market – 551 Crocker Sperry Drive. This Birnam Wood home sold for $7,500,829 which is $1,989 per square foot. Of the other two closed sales, one was a 1 acre piece of land selling for $525k and the other was a 2 bedroom/ 2 bathroom Montecito Shores condo, which sold for $1,743 per square foot ($3,150,000).

What Happened in Montecito Last Week?
October 22nd – October 28th

 

8 NEW LISTINGS

 

3 CLOSED SALES

 

2 PENDING SALES

 

weekly spotlight

 

👻 PLEASE JOIN US AT GHOST VILLAGE ROAD 🎃

Tuesday, October 31st • 3:00p,m – 6:00pm

 

The chill and thrill of Halloween is upon us. You know what that means: Ghost Village Road is baa-aack! The most spooktacular, phantasmic, ghoulicious event this side of Butterfly!

We will be handing out candy outside our of our office (1255 Coast Village Road 102C – next to Jeannine’s) on Coast Village Road, along with many other businesses from 3:00pm – 6:00pm. Hope to see you there!

 

 

That sums it up for last week!
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