a note from nancy

Your Insider's Guide to the Montecito Market

QUESTION: How Many Homes Are in Montecito?

Mountains on one side, the Pacific on the other, Channel Islands on the horizon. Tucked in between are golf, tennis, world-class beaches, unforgettable meals, and boutique shopping —all of it in a town that still feels like a town. The secret is out. And space is limited.

In 2003, the average sale price in Montecito was $2.1 million. This year, it’s $7.2 million, and the median sale price has nearly tripled. Through every market cycle, roughly the same number of homes trade hands each year. Right now, heading into the quieter summer months, there are ~79 homes actively listed. Nearly identical to this time last year.

ANSWER: There are about 4,000 homes in Montecito. That number doesn’t change. The prices do.

Q2 2026 Snapshot

• 47 total sales
  • 2% decrease compared to Q2 2025
• $9,226,872 average sale price
  • 42.7% increase compared to Q2 2025
• $5,600,000 median sale price
  • 10.4% decrease compared to Q2 2025
• 7 off-market sales
  • 15% of total Q2 sales

LUXURY MARKET Snapshot ($10M+)

• 16 sales exceeded $10M
  • Up from 6 sales in Q2 2025
• Highest sale: 2910 Sycamore Canyon Road | $59,881,000

Looking ahead to Q3, the market continues to be defined by selectivity—not hesitation. Buyers aren’t waiting for the perfect market; they’re waiting for the right home at the right price.

Montecito Sales Snapshot
Q2 2026

The Kogevinas Group
Year to Date Sales Recap

if you love...

Life in Full Bloom,
Hot Springs Road is for You.

549 Hot Springs Road
Montecito
$10,995,000

Romantic, playful, and wonderfully unhurried, this 1920s Andalusian inspired hacienda unfolds as a private village in the heart of Montecito’s Golden Quadrangle. A 7 bedroom, 6.5 bathroom compound with a guest cottage, detached studios, and enchanting gardens offers a lifestyle defined by gathering, entertaining, and lingering just a little longer.

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