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!
Click here to view more of our current featured listing

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