The Anticipation is Building
We are on the verge of a breakout year — not a frenzy, but a market gaining steady momentum. We’re still in the early innings of the game, with plenty of action ahead.
Unlike other markets that stalled under rising interest rates, Montecito and Santa Barbara never lost demand. The challenge hasn’t been buyers — it’s been inventory.
Momentum is Growing
Last month, Montecito sales jumped 62.5%, total dollar volume surged 171.4%, and the average sale price rose 66.9%. With 54% of potential buyers already searching online, Montecito homes sold 2.7% faster this January than last. We have seen buyers who held off in recent years returning to the market, but they are remaining selective – prioritizing quality, privacy, and long-term value.
Why Now?
With more homes hitting the market and demand accelerating, waiting will likely mean you’ll be paying more. As rates eventually ease, competition will intensify. Buying now appears to be more affordable than buying in 1, 3, or 5 years. The window of opportunity is open — are you ready to jump in?
What Happened in Montecito Last Week?
February 9th – February 15th
4 New Listings
3 Closed Sales
4 Pending Sales
weekly spotlight
Santa Barbara Summer Camps 2025
From ocean explorations to artistic creations, Santa Barbara’s 2025 Summer Camps offer unforgettable experiences for kids aged 4-17. Whether your child dreams of building with LEGO, performing on stage, diving into lifeguard training, or exploring nature, there’s a perfect camp waiting!
- Junior Lifeguards: Master surf lifesaving and teamwork at East Beach.
- Art & Theater Camps: Spark creativity with painting, sculpting, acting, and set design.
- LEGO Engineering: Hands-on challenges in physics, architecture, and design.
- Nature Camp: Outdoor games, science, and classic summer fun.
And many many more CLICK HERE to learn more.
