How’s the Montecito Real Estate Market?

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Buyers are out in droves, and things are moving. Since the beginning of the year, 102 homes have already sold in Santa Barbara and Montecito.

Although in some cases, prices and interest rates are keeping buyers cautious, nationally and locally real estate is not on pause — life keeps moving, and so do those ready to buy.

Nationally, last year 4.15 million homes sold, and experts expect even more in 2025. Here’s what that looks like in real time:

📌 11,370 homes sell every day
📌 474 homes sell every hour
📌 8 homes sell every minute

So, in just the time it took you to read this, another 8 homes were sold. Locally many of those sales have been BIG. Here is a look at the six highest priced sales in Montecito and Santa Barbara so far in 2025.

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What Happened in Montecito Last Week?

February 2nd – February 8th

8 New Listings

0 Closed Sales

6 Pending Sales


weekly spotlight

golden age glamour

204 Hot Springs Road
Montecito | $18.950,000

Step into a world of timeless elegance and inspiration, just minutes from Coast Village Road.

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This extraordinary 5 bedroom/ 7 bathroom estate , originally built in 1921, epitomizes luxury with a rich history.

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Private, gated and offering every amenity including an ADU, pool, gym and lily pond, the property celebrates the romance and design of the early 1900s’ Golden Age of architecture; every corner of this property has been meticulously restored to become a modern-day heirloom.

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Click Here For Property Details


That sums it up for last week!

Click here to view more of our current featured listing

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