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

Montecito Market Report

$5,348,991

AVERAGE PRICE OF 94 HOMES

$8,357,300

AVERAGE PRICE OF 60 MULTI-MILLION DOLLAR HOMES

$14,990,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$6,452,477

AVERAGE PRICE OF 32 HOMES WITH A POOL

$6,595,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $5,348,991
Avg Bedrooms 3.46 beds
Avg Bathrooms 3.72 baths

Average Price by Bedrooms

2 bedrooms $3,195,000
3 bedrooms $2,698,861
4 bedrooms $4,514,591
5 bedrooms $9,975,227
Montecito Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 86 80 75 76 n/a
Average Price $5,411,053 $5,457,579 $5,596,810 $7,428,418 n/a
Avg Price Change -0.86% -2.55% -32.73% n/a n/a
Median Price $3,472,293 $2,534,197 $2,821,667 $3,181,706 n/a
Med Price Change +37.02% -11.34% -12.76% n/a n/a
Avg Bedrooms 3.63 beds 3.79 beds 3.93 beds 4.07 beds n/a
Avg Bathrooms 4.01 baths 4.11 baths 4.17 baths 4.47 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
S.B. Sr. 56 $8,357,822 71 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 94 $5,348,991 82 days
Multi-Million Dollar Homes 60 $8,357,300 70 days
Newly Built Homes 1 $14,990,000 28 days
Homes with a Pool 32 $6,452,477 97 days
Reduced Price Homes 1 $6,595,000 134 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 April 17, 2024. 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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