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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Oct 7th	Montecito Real Estate Update – Pulse of The Market $2.5 to $4 Million
2010	Categories: Market Statistics / Updates, Montecito

As the overall market prices have fallen in the last 2 years, the heart of the Montecito Real Estate market is once again around the $2 to $4 million price point.  Currently I am working with 4 sets of clients that are looking in this price range and so I thought I would give a quick update as to where it feels that we are at. In a quick word...slow.  Year to date there have only been 15 sales in this price point from $2.5 to $4 million.  Currently there are 60 listings on the market in this price range.  A... Read more

Tags: montecito luxury real estate, montecito real estate 2 million, montecito real estate 4 million, montecito real estate market, montecito real estate update

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Sep 16th	Montecito CA. Luxury Real Estate Sales – Statistics Through Sept 15th, 2009
2009	Categories: Luxury Real Estate, Market Statistics / Updates, Montecito

Here and there I am proposed various questions from clients about the luxury market here in Montecito CA., such as where are the most famous homes located and/or what is the most expensive home to sell this year or any year for that matter.  Many times though it is as "simple" as what is the true definition of luxury real estate here in the Montecito area.  The answer is that there is no exact definition of luxury real estate and this varies greatly depending on the circumstances, whom you talk to, location in our town etc.  But in order to... Read more

Tags: montecito luxury real estate, Montecito Luxury Real Estate Sales 2009

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Oct 13th	Montecito in the Top 10 Most Expensive Real Estate Zip Codes in the United States
2008	Categories: Luxury Real Estate, Montecito

People in general will always be attracted to beautiful areas within the United States when it comes down to real estate.  For many, these places are also a great place to invest in when times are as uncertain as they have been in the last 18 months.  One reality about the real estate market in the more exclusive and expensive areas in our country that seems to hold true is this -- values tend to rise the fastest when times are good and these areas also hold onto their real estate values the best when times are not as good. Over the last year here in Montecito and... Read more

Tags: montecito luxury real estate, most expensive zip codes, santa barbara luxury real estate

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