Welcome news for home buyers — the number of homes for sale is at its highest level in four years. And, there is less competition. California remains one of the best places to own a home and build long-term equity. Since 1991, home values have increased by over 300%. Through all the ups and downs, that means most homeowners have seen their property values more than triple!
When is the best time to buy or sell ? When you are ready! There is always an opportunity for both buyers and sellers if you look squarely in the face of the market conditions and make decisions based on your short and long term goals and current reality. Not all sellers will price their property in line with market data; but that doesn’t mean they aren’t ready to hear an offer and sell!
In today’s market, I would suggest you look above your price range – you might be surprised to find out what some sellers will take, despite their asking price. These are some of the best opportunities in Montecito/Santa Barbara this month, maybe it’s time to visit and make an offer!
280 Las Entradas Drive | $22,850,000
What we love: 360° Ocean & Mountain Views | Located in the Desirable Ennisbrook Community| Lush Gardens, Pool & Putting Green | Guest Cabana & 1-Bedroom Apartment
3599 Padaro Lane | $18,900,000
What We Love: Prestigious Padaro Lane Location | 5-Bedroom Main Home with Ocean Views | Detached Guest House & Wine Cellar | Direct Beach Access | Fire Pit & Hot Tub
796 Hot Springs Road | $10,900,000
What We Love: Golden Quadrangle Location | Ocean & Mountain Views | Architecturally Distinct Single-Level Residence | Art Luna Gardens | Private & Gated Acre
Click Here to View More Great Opportunities !
What Happened in Montecito Last Week?
September 8th – September 21st
7 New Listings
5 Closed Sales
2 Pending Sales
weekly spotlight
Montecito Gated Communities
Bonnymede
White sand beaches, a sparkling pool, and moments to shopping and dining in Montecito’s lower village, this beachside community has it all.
Click here to explore more.
