Montecito

Nov 17th	Santa Barbara Real Estate – Montecito Real Estate Market Update 3rd Quarter 2011
2011	Categories: Buyer's Resources & Advice, Market Statistics / Updates, Montecito

Where is the Montecito real estate market as we approach the last few months of 2011?  A quick glance back throughout the year with regards to real estate in Montecito has shown up and down changes almost monthly.   Some months the market feels very strong, other weeks there seems to be a lull etc.  As I talk and share with many agents currently about their buyers and where they are at, their thoughts seem to also change monthly with some high end clients on hold while others don't know where else they would put their money these days except to buy real estate. With all... Read more

Tags: montecito closed sales, montecito homes for sale, montecito market update real estate, montecito real estate sales

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Oct 18th	Montecito CA. Real Estate Once Again Finds Itself in Top 10 Wealthiest Zip Codes in the U.S.
2011	Categories: Luxury Real Estate, Montecito, The Oceanfront Areas

Once again, America's most expensive zip codes includes Montecito CA.  Coming in this year at #9, statistics show that the median home price here in Montecito to be at $3,099,000.  So far this year, the most expensive sale in Montecito was a dated, but clean ocean front home located at 1473 Edgecliff Lane that closed for $10,750,000.  Other significant sales were a brand new Mediterranean Estate with privacy and panoramic ocean views located at 1379 Oak Creek Canyon Road.  This wonderful Estate closed for $9,000,000.  Another gorgeous Italian Villa located at 2959 Sycamore Canyon Road closed at $7,900,000. Overall there have... Read more

Tags: montecito luxury real estate, montecito luxury sales, montecito real estate, santa barbara luxury real estate

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Sep 30th	Are Bank Owned Sales Prevalent in Montecito? August 2011 Update
2011	Categories: Foreclosures & Bank Owned, Market Statistics / Updates, Montecito

Here are the latest statistics for real estate sales in Montecito for August 2011.  The shaded area with an ‘X’ states whether the property was a bank owned (REO) sale or not.  Although many people would love to find bank owned foreclosure properties in Montecito, the reality is that almost all of the sales are still traditional sales in Montecito.  Additionally, most of the REO’s tend to be at the lower end of the price scale.   View: Santa Barbara / Montecito Real Estate $1-3 Million View: Santa Barbara / Montecito Real Estate $3-5 Million View: Santa Barbara / Montecito Real Estate $5 million and Above Further Reading: Montecito 2010... Read more

Tags: montecito bank owned, montecito real estate sales august 2011

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Sep 8th	Santa Barbara, Montecito and Hope Ranch CORT Report on Yearly Real Estate Market Price Changes
2011	Categories: Hope Ranch, Market Statistics / Updates, Montecito, Santa Barbara

Here are some of the latest statistics for the CORT reports for real estate here in Santa Barbara, Montecito and Hope Ranch CA.  These statistics give a quick overview of comparative price changes in the real estate market in the month of July for the last 8 years. Further Reading: Cort Report Summerland, Carpinteria, Goleta Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood Specialist? Santa Barbara Real Estate Market Statistics How Difficult is it to Get a Loan These Days? What Does $1 Million Buy you in Today's Market? Subscribe: Receive Personal Listings of Santa Barbara Real Estate Search: The Santa Barbara... Read more

Tags: montecito cort reports real estate, santa barbara real estate cort reports 2011

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Jul 3rd	What Are Considered the Higher End Neighborhoods in Santa Barbara?
2011	Categories: Hope Ranch, Luxury Real Estate, Montecito, The Riviera Neighborhood, The Upper East Neighborhood

When talking about Santa Barbara proper, the high end real estate market is usually referred to as home prices $2 million and above, although this is obviously pretty subjective.  For example, within Montecito proper, most people would consider the high end there to start at around $ 5 million. So what are the highest priced neighborhoods in Santa Barbara? Number 1 on the list is Montecito with Hope Ranch not being too far behind.  Montecito continuously finds itself within the top 10 zip codes nationally with the "average priced home" selling somewhere in the $2 - $4 million price point.  One of... Read more

Tags: santa barbara high end areas, santa barbara high end neighborhoods, santa barbara luxury areas

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Jun 10th	How Much Does an Ocean View Home Cost in Santa Barbara CA?
2011	Categories: Buyer's Resources & Advice, Hope Ranch, Montecito, The Mesa Neighborhood, The Oceanfront Areas, The Riviera Neighborhood

There are many different reasons why we all choose to live here in Santa Barbara.  Each and everyone one of them add up to a great quality of life.  Among  the most obvious are the medium sized town, the culture and arts, the restaurants, the weather, all the outdoor pursuits...you name.  There are many wonderful realities of a life here on The American Riviera. Although the beach and the ocean are never more than a few minutes away for all of us, some of us are blessed with having homes with wonderful ocean and island views.  With all the different null tops around... Read more

Tags: ocean view homes santa barbara, santa barbara ocean view

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Jun 2nd	Good Activity on Beach Front and Ocean Front Homes from Carpinteria to Santa Barbara
2011	Categories: Carpinteria, Luxury Real Estate, Montecito, Santa Barbara, The Oceanfront Areas

During the last 60 days, beachfront real estate here in and around Santa Barbara has picked up quite a bit with a lot of activity.  Just in the last 2 months we have seen 9 new Active ocean front listings, 4 closed sales and 1 pending (in escrow). Of these listings, 7 have been in Carpinteria mainly along Padaro Lane and Sand Point Road. Of these listings, 7 have been in the Santa Barbara or Montecito areas. Here is a list below of the Current New Active Listings 4975 Sandyland Road #205, Carpinteria CA. priced at $999,500. Exceptional ocean front property at Carpinteria... Read more

Tags: carpinteria beach front homes, montecito ocean front real estate, sandyland miramar sand point shoreline padaro, santa barbara beach front real estate

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Apr 14th	Low “Good Inventory” in The Heart of The Montecito Real Estate Market
2011	Categories: Market Statistics / Updates, Montecito

Where is all the "Good Inventory" in Montecito?  This is what a lot of agents and their clients are asking themselves with regards to the guts of the Montecito Real Estate market right now.  These days the entry level price for getting into Montecito real estate is around $1.1 to $1.6 million.  There are a few lower priced homes that come on the market, but only here and there and often these are almost "tear downs" or smaller older homes on or right next to a busy section on East Valley Road etc. For most people, the heart of the real estate market for Montecito... Read more

Tags: good homes montecito, montecito real estate, montecito real estate inventory

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Mar 23rd	Happy Homeowners Around the Miramar Hotel in Montecito?
2011	Categories: Montecito

The latest "New Miramar Hotel Plan" has been recently approved by the County this last week.  Current owner of the property, Rick Caruso went back to the board with a reduced size after getting approval from the Montecito Planning Commission earlier this year.  After hearing comments from the board and the community, Mr. Caruso essentially took the following steps...eliminated the tennis court, reduced the gross square feet of the project by 120,000, reduced the total rooms from 192 to 186 and agreed to have a maximum number of guests down from 600 to 500.  Mr. Caruso's team had stated that... Read more

Tags: montecito real estate, The Miramar Hotel Montecito CA

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Mar 14th	February 2011 CORT Reports for Santa Barbara and Montecito Real Estate CA.
2011	Categories: Market Statistics / Updates, Montecito, Santa Barbara

Here are the latest CORT reports for the Santa Barbara and Montecito area for the month of February 2011. Further Reading: Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood Specialist? Articles on Luxury Real Estate Articles on The Oceanfront Areas Articles for Foreign Buyers/Sellers Sotheby's Int'l Realty Tops in Sales 2010 Thank you for reading.  I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts. For more information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in... Read more

Tags: montecito cort report, santa barbara cort reports

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Mar 8th	Most Significant Luxury Montecito and Santa Barbara Real Estate Sales in 2011…So Far
2011	Categories: Goleta, Hope Ranch, Luxury Real Estate, Montecito

2011 has started off the year once again with the upper end of our market feeling fairly active.  There seem to be a bunch of buyers looking around above the $3 million price point, with several homes going into escrow.  So far in 2011, we have had our share of significant closed sales here in the upper end in Montecito, Santa Barbara, Goleta and Carpinteria. Montecito Sales 770 San Ysidro Lane, Montecito CA 93108.  Listed price $6,300,000.  Sales price $5,650,000. This 6 bedroom / 8 bathrooms gated estate is located near San Ysidro Ranch in Montecito's Golden Quadrangle. This stylish home lends... Read more

Tags: montecito significant sales, santa barbara real estate sales, santa barbara significant sales

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Feb 18th	Santa Barbara Real Estate Cort Reports January 2011 – Santa Barbara and Montecito
2011	Categories: Market Statistics / Updates, Montecito, Santa Barbara

Here are the latest CORT reports for the Santa Barbara real estate market for the areas of Santa Barbara proper and Montecito CA.  Further Reading: Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood Specialist? Articles on Luxury Real Estate Articles on The Oceanfront Areas Articles for Foreign Buyers/Sellers Sotheby's Int'l Realty Tops in Sales 2010 Thank you for reading.  I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts. For more information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any... Read more

Tags: santa barbara montecito cort reports

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