Nancy’s Notes

August 10, 2023

nancy’s notes

The inside scoop on Montecito & Santa Barbara real estate

“Not all readers are leaders, but all leaders are readers”

– Harry S. Truman

As we move deep into August and peak summer reading months I hope you are finding time to get away with a favorite book. I just joined Scribd and LOVE it – if you love books as much as I do, with this and Goodreads you’ll be all set!

Enjoy the lazy days of August!

Montecito had a total of 11 sales in July 2023, with an average sales price of $6,403,727. July sales are down from the 19 sales we saw in June, but very similar to July 2022 (12 sales). There were 3 off market sales last month, which were all under $6.5M, in fact 9 of the 11 sales were under $10M and the highest sale we saw last month was 808 San Ysidro Lane which sold for $14M.

I know of many new listings coming up in September so the Fall should be busy with more choices and lots of activity.