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Montecito Market Report

$12,308,180

AVERAGE PRICE OF 40 HOMES

$12,308,180

AVERAGE PRICE OF 40 MULTI-MILLION DOLLAR HOMES

$21,600,000

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

Average Home

Average Price $12,308,180
Avg Bedrooms 4.1 beds
Avg Bathrooms 4.99 baths

Average Price by Bedrooms

2 bedrooms $5,231,667
3 bedrooms $5,436,800
4 bedrooms $10,589,800
5 bedrooms $14,688,750
Montecito Home Price Trends
  9/2023 8/2023 7/2023 6/2023 5/2023
Total Listings 39 41 38 34 35
Average Price n/a n/a n/a $6,056,851 $2,260,092
Avg Price Change n/a n/a n/a +167.99% -36.46%
Median Price $8,531,167 $8,249,742 $8,725,982 $9,611,897 $8,908,917
Med Price Change +3.41% -5.77% -10.15% +7.89% +31.20%
Avg Bedrooms 3.99 beds 3.97 beds 4.06 beds 4.08 beds 4.14 beds
Avg Bathrooms 4.91 baths 4.66 baths 4.75 baths 4.81 baths 4.84 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carp. Sr. 5 $13,958,000 139 days
S.B. Sr. 35 $12,072,490 98 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 40 $12,308,180 103 days
Multi-Million Dollar Homes 40 $12,308,180 103 days
Newly Built Homes 2 $21,600,000 43 days
Sotheby's International Realty Inc
Tyler Mearce
1106 Coast Village Rd Suite C
Santa Barbara, CA 93101
805-450-3336
DRE# CalBRE# 01969409

Based on information from the Santa Barbara MLS as of October 2, 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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