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Montecito Market Report

$7,260,489

AVERAGE PRICE OF 86 HOMES

$7,260,489

AVERAGE PRICE OF 86 MULTI-MILLION DOLLAR HOMES

$4,450,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$5,100,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $7,260,489
Avg Bedrooms 4.14 beds
Avg Bathrooms 4.97 baths

Average Price by Bedrooms

1 bedroom $2,172,500
2 bedrooms $2,965,222
3 bedrooms $3,044,250
4 bedrooms $5,568,960
5 bedrooms $7,498,773
Montecito Home Price Trends
  12/2019 11/2019 10/2019 9/2019 8/2019
Total Listings 105 117 128 134 132
Average Price $7,418,059 $7,225,794 $6,827,740 $6,399,115 $6,225,411
Avg Price Change +2.66% +5.83% +6.70% +2.79% +4.79%
Median Price $4,667,167 $4,620,834 $4,521,250 $4,332,000 $4,361,848
Med Price Change +1.00% +2.20% +4.37% -0.69% -3.05%
Avg Bedrooms 4.24 beds 4.23 beds 4.16 beds 4.09 beds 4.1 beds
Avg Bathrooms 5.09 baths 5.11 baths 5.03 baths 4.94 baths 4.89 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carp. Sr. 10 $4,847,000 143 days
S.B. Sr. 74 $6,634,216 169 days
See Remarks 2 $42,500,000 154 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 86 $7,260,489 166 days
Multi-Million Dollar Homes 86 $7,260,489 166 days
Newly Built Homes 1 $4,450,000 59 days
Reduced Price Homes 1 $5,100,000 255 days
Santa Barbara Brokers
735 State St #613
Santa Barbara, CA 93101
805-444-7926
DRE# 01867047

Based on information from the Santa Barbara MLS as of January 17, 2020. 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.