Santa Barbara Real Estate Voice
| Oct 18th |
Montecito CA. Real Estate Once Again Finds Itself in Top 10 Wealthiest Zip Codes in the U.S. |
|
2011
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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...
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| Oct 7th |
Montecito Real Estate Update – Pulse of The Market $2.5 to $4 Million |
|
2010
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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...
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| Sep 16th |
Montecito CA. Luxury Real Estate Sales – Statistics Through Sept 15th, 2009 |
|
2009
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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...
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| Oct 13th |
Montecito in the Top 10 Most Expensive Real Estate Zip Codes in the United States |
|
2008
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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...
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