If you need assistance, please call 805-444-7926

Montecito Market Report

$6,513,938

AVERAGE PRICE OF 89 HOMES

$10,911,450

AVERAGE PRICE OF 53 MULTI-MILLION DOLLAR HOMES

$5,695,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$10,010,830

AVERAGE PRICE OF 38 HOMES WITH A POOL

$29,500

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $6,513,938
Avg Bedrooms 3.94 beds
Avg Bathrooms 4.53 baths

Average Price by Bedrooms

2 bedrooms $2,109,125
3 bedrooms $3,857,587
4 bedrooms $3,901,500
5 bedrooms $11,022,610
Montecito Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 82 89 101 108 110
Average Price $6,690,906 $6,354,097 $7,174,154 $7,756,718 $8,056,435
Avg Price Change +5.30% -12.91% -8.12% -3.86% +4.55%
Median Price $3,160,917 $4,009,283 $4,877,450 $5,172,328 $5,266,340
Med Price Change -26.84% -21.65% -6.05% -1.82% -0.06%
Avg Bedrooms 3.94 beds 3.86 beds 3.86 beds 3.82 beds 3.77 beds
Avg Bathrooms 4.66 baths 4.53 baths 4.58 baths 4.56 baths 4.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
S.B. Sr. 48 $10,786,710 110 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 89 $6,513,938 117 days
Multi-Million Dollar Homes 53 $10,911,450 113 days
Newly Built Homes 1 $5,695,000 370 days
Homes with a Pool 38 $10,010,830 116 days
Reduced Price Homes 1 $29,500 18 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 February 8, 2025. 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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