Weekly Market Snapshot – Up Up & Away

093681_3fca8af02da24c709998c7213

Updated: Apr 11, 2022

If you thought home appreciation in Montecito couldn’t continue at the speed of 2020 and 2021 – it is time to think again. The average home price in Montecito went up 18% from 2019 to 2020 and 25% from 2020 to 2021. Month to date, we have already seen a 31.4% increase in the average home price from 2021 to 2022. Will it continue? Only time will tell.

What happened in Montecito Last Week?

February 6th – February 12th

5 HOMES SOLD

7 LISTINGS WENT INTO ESCROW

3 NEW LISTINGS

NO PRICE CHANGES

FUN FACT: There are approximately 31 active listings in Montecito right now.


A vibrant and versatile lifestyle is matched only by the timeless design and outstanding ocean and mountain views from this 2.4 acre Montecito estate. A youthful energy permeates throughout the residence and property where old and new coexist in a seamless blend.

That sums it up for last week!

Click here to view more of our current featured listings.​

Check out this article next

Sorry to Burst Your Bubble!

Sorry to Burst Your Bubble!

The experts have spoken we are not in a bubble.Today's rising home prices and a persistent sellers market differ from the 2007 housing bubble in…

Read Article