Jul 7th

Montecito Real Estate Sales Update, Santa Barbara CA. – First 6 Months 2009

2009

Categories: Market Statistics / Updates, Montecito

For the first 6 months of 2009, there were 55 closed sales of single family homes and condos in Montecito CA.  As of July 1st, 2009, there were 12 properties in Montecito that are pending sale (under contract). The lowest sale in Montecito was a decent 3 bedroom 2 bath condo located at 1930 North Jameson Lane, Montecito CA, 93108.  The sales price was $679,000. The highest sale in Montecito was an exceptional French Country estate with expansive gardens and ocean views located on Rockbridge Road, Montecito CA, 93108.  The sales price was $25,279,000. Although the market in Montecito overall has been a... Read more

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Feb 16th

Santa Barbara CA Real Estate – Montecito CA Area Sales Statistics Year End 2008

2009

Categories: Market Statistics / Updates, Montecito

Montecito CA Real Estate - Year End Sales Statistics for 2008 I have summarized below an easy to look at brief outline of the overall Santa Barbara MLS statistics for both single family homes and condos in the Montecito CA. area for the year 2008.  The comparisons are drawn against the previous year's statistics (2007) for Montecito CA Real Estate. SINGLE FAMILY HOMES: Single family home listings were up 21% from 336 listings to 408 listings compared to 2007 Single family homes sold were down 18% from 191 to 156 single family homes sold The average sales price was up 16% from $3,690,095 to $4,316,684 The... Read more

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Jul 11th

Santa Barbara Real Estate Market Update for the Montecito Area – First 6 Months 2008

2008

Categories: Market Statistics / Updates, Montecito

I have summarized below an easy to look at brief outline of the overall MLS statistics for the Montecito CA area through the first 6 months of 2008.  The total number of single family homes sold in Montecito was 93.  The number of current pending sales for single family homes is 18.  The number of current active listings for single family homes is 135. The total number of condos / townhomes sold in Montecito was 9.  The number of current pending sales for condos / townhomes  is 2.  The number of current active listings for condos / townhomes is 14.    The total number of PUD’s sold in Montecito was 1.  The number... Read more

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May 14th

Concerns Arise Again About The Proposed Development of The Miramar Hotel in Montecito CA.

2008

Categories: Montecito, The Oceanfront Areas

First it was Ian Schrager, the big city boutique hotelier... Next it was local billionaire Ty Warner, the famous toy maker and hotelier... And now developer Rick Caruso is learning first hand about the long path it will take to please all sides for a proposed development to "revamp" The Miramar Hotel located on the beach in Montecito CA. From the start in 2006 when Mr. Caruso purchased the property from Ty Warner, he has pleased many residents and the city by holding open forums and meetings with community members regarding the development plans for The Miramar Hotel.  The problem is, that to date it... Read more

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Apr 10th

Who Else Wants to Buy Into Montecito CA Real Estate?

2008

Categories: Market Statistics / Updates, Montecito

I was not real surprised when I saw this latest chart of real estate values here in Montecito CA., but sometimes you do have to just sit back and be in awe.  The Pacific coastal gem that we know as Montecito CA continues to impress with ever increasing real estate values.  Framed by coastal mountains and gorgeous beaches, the lifestyle here in Montecito offers its residents wonderful cultural entertainment, plenty of outdoor recreational activities, fine dining, warm weather, ocean breezes, sunsets and an overall relaxed atmosphere.  Montecito real estate is filled with grand and luxurious estates, many of which were inspired by the architecture... Read more

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Apr 3rd

Montecito CA Real Estate Market Update – First Quarter 2008

2008

Categories: Market Statistics / Updates, Montecito

I have summarized below an easy to look at brief outline of the overall statistics for the Montecito CA area through the first quarter of 2008. The total number of single family homes sold in Montecito was 44.  The number of current pending sales for single family homes is 14.  The number of current active listings for single family homes is 88. The total number of condos / townhomes sold in Montecito was 3.  The number of current pending sales for condos / townhomes  is 2.  The number of current active listings for condos / townhomes is 11. The total number of PUD's... Read more

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