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Montecito Market Report

$11,409,940

AVERAGE PRICE OF 18 HOMES

$11,409,940

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$14,000,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$10,999,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $11,409,940
Avg Bedrooms 4.22 beds
Avg Bathrooms 4.97 baths

Average Price by Bedrooms

2 bedrooms $2,745,000
3 bedrooms $6,914,667
4 bedrooms $8,200,000
5 bedrooms $11,429,000
Montecito Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 25 25 28 35 30
Average Price $9,619,121 $1,968,458 n/a n/a n/a
Avg Price Change +388.66% n/a n/a n/a n/a
Median Price $7,242,673 $8,062,917 $7,241,917 $6,925,917 $7,872,500
Med Price Change -11.33% +11.34% +4.56% -13.67% n/a
Avg Bedrooms 3.97 beds 4.02 beds 4.23 beds 4.32 beds 4.64 beds
Avg Bathrooms 4.77 baths 4.92 baths 4.92 baths 4.77 baths 5.28 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
S.B. Sr. 18 $11,409,940 115 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 18 $11,409,940 115 days
Multi-Million Dollar Homes 18 $11,409,940 115 days
Newly Built Homes 1 $14,000,000 64 days
Reduced Price Homes 1 $10,999,000 183 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 December 9, 2022. 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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