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Montecito Market Report

$5,342,499

AVERAGE PRICE OF 83 HOMES

$9,401,021

AVERAGE PRICE OF 47 MULTI-MILLION DOLLAR HOMES

$7,255,499

AVERAGE PRICE OF 37 HOMES WITH A POOL

$49,500

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $5,342,499
Avg Bedrooms 3.75 beds
Avg Bathrooms 4.11 baths

Average Price by Bedrooms

2 bedrooms $3,577,500
3 bedrooms $3,570,875
4 bedrooms $2,257,674
5 bedrooms $8,733,167
Montecito Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 75 76 n/a n/a n/a
Average Price $5,596,810 $7,428,418 n/a n/a n/a
Avg Price Change -32.73% n/a n/a n/a n/a
Median Price $2,821,667 $3,181,706 n/a n/a n/a
Med Price Change -12.76% n/a n/a n/a n/a
Avg Bedrooms 3.93 beds 4.07 beds n/a n/a n/a
Avg Bathrooms 4.17 baths 4.47 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
S.B. Sr. 42 $9,632,238 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 83 $5,342,499 60 days
Multi-Million Dollar Homes 47 $9,401,021 57 days
Homes with a Pool 37 $7,255,499 66 days
Reduced Price Homes 2 $49,500 50 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 February 26, 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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