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Montecito Market Report

$10,099,970

AVERAGE PRICE OF 32 HOMES

$10,099,970

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$14,000,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$8,466,667

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $10,099,970
Avg Bedrooms 4.25 beds
Avg Bathrooms 5.06 baths

Average Price by Bedrooms

1 bedroom $3,499,000
2 bedrooms $4,995,000
3 bedrooms $7,616,500
4 bedrooms $7,386,222
5 bedrooms $13,867,270
Montecito Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 32 33 28 18 17
Average Price $3,084,160 $8,554,107 $2,488,977 n/a $338,079
Avg Price Change -177.36% +243.68% n/a n/a -2,745.23%
Median Price $6,790,431 $6,138,966 $5,813,797 $5,470,834 $6,982,759
Med Price Change +10.61% +5.59% +6.27% -27.64% -3.72%
Avg Bedrooms 4.32 beds 4.18 beds 4.26 beds 4.28 beds 4.22 beds
Avg Bathrooms 4.77 baths 4.68 baths 4.85 baths 4.8 baths 4.81 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carp. Sr. 4 $17,125,000 56 days
S.B. Sr. 28 $9,096,393 74 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 32 $10,099,970 71 days
Multi-Million Dollar Homes 32 $10,099,970 71 days
Newly Built Homes 1 $14,000,000 237 days
Reduced Price Homes 3 $8,466,667 103 days
Santa Barbara Brokers
735 State St #613
Santa Barbara, CA 93101
805-444-7926
DRE# 01867047

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
Based on information from the Santa Barbara MLS as of May 31, 2023. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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