Up, up and away. The price trends in Montecito seem to continue to remain on the rise. As you can see the average sale price in 2021 ($5,703,739) was over $1M more than in 2020 ($4,563,296) and almost $2M more than 2019 ($3,854,656).
This trend seems to be county wide, as South Santa Barbara County has seen average sales price increases over the last couple of years as well.
Only time will tell how this sales trend will continue.
What happened in Montecito Last Week?
January 9th – January 15th
2 HOMES SOLD
2 LISTINGS WENT INTO ESCROW
7 NEW LISTINGS
3 PRICE CHANGES
FUN FACT: There are currently 15 homes for sale in Montecito under $5M.
Inspired by the sun-drenched shores of Carpinteria — The Palms is a restaurant and mixed use building. The property offers the opportunity for a boutique hotel, restaurant or rental income.
Offering the ultimate gathering place for locals and a sought-after destination for tourists – Carpinteria and The Palms are welcoming, authentic and embody the true California spirit.
That sums it up for last week!
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