How’s the Market?

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For the first full week of September we will keep it short and simple. There were 3 New Listings last week ranging from $4.5M – $7.995M and only 1 Closed Sale, which was 81 Depot Road. A charming 3 bedroom/ 3 bathroom Montecito condo near Butterfly Beach, 81 Depot Road sold for $100k over asking price.

Lastly, there were 4 new Pending Sales; one of which was 487 Monarch Lane, a darling Ennisbrook Casita, went into escrow quickly with multiple over asking price offers! Prices are still strong and desirable properties in great locations continue to sell for over the list price. Check back here every Monday to read the latest scoop on Montecito and the real estate community.

What Happened in Montecito Last Week?

September 3rd – September 9th

3 NEW LISTINGS

 

1 CLOSED SALE

4 PENDING SALES

weekly spotlight

Soar Over Santa Barbara


 

That sums it up for last week!

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