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

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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

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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

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Aug 9th

Montecito Real Estate Sales – First 6 Months of 2010

2010

Categories: Market Statistics / Updates, Montecito

For the first 6 months of 2010, there were a total of 77 closed real estate sales in the Montecito area.  This is in comparison to only 55 closed sales in the first 6 months of 2009. Below I have broken down these closed sales into price points for comparison of the last 2 years and to see how our upper end real estate market has really started to stabilize and rebound here in Montecito in the last several months. First 6 Months Comparison 2009 vs. 2010 Sales up to $1,000,000 2009 - 6 Sales 2010 - 12... Read more

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May 26th

A Recent History of the Median Price Point for Montecito Real Estate

2010

Categories: Market Statistics / Updates, Montecito

Here is a quick glance over the last 30 years of the median price point for single family homes in the Montecito area. Further Reading: Median Sales Price East of State - Last 30 Years Hope Ranch CA Real Estate Home Sales Statistics - 2009 Montecito CA Real Estate Home Sales Statistics - 2009 Santa Barbara Market Statistics Santa Barbara Photo Tour Buyer's Resources for the Santa Barbara area Seller's Resources for the Santa Barbara area For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin... Read more

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Dec 10th

Things to Do in Santa Barbara, California – Montecito and Shopping

2008

Categories: Montecito, Santa Barbara Local / Things to Do

Whether you are a local, in town visiting family and/or friends, or here on vacation in Santa Barbara, California, there is never a lack of activities and things to do in our wonderful seaside resort community.  Here below is the fourth installment in a series of articles that point out some of Santa Barbara's most prominent local attractions.  Some of these will be cultural, some dining, some active pursuits and some I am still deciding on.  This fourth installment will be focusing on... The Montecito Area and Shopping: Montecito has taken a huge accent into the high-end luxury real estate world in the last 10... Read more

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Nov 9th

Things to Do in Santa Barbara, California – The Waterfront

2008

Categories: Santa Barbara Local / Things to Do, The Oceanfront Areas

Whether you are a local, in town visiting family and/or friends, or here on vacation in Santa Barbara, California, there is never a lack of activities and things to do in our wonderful seaside resort community.  Here below is the third installment in a series of articles that point out some of Santa Barbara's most prominent local attractions.  Some of these will be cultural, some dining, some active pursuits and some I am still deciding on.  This third installment will be focusing on... Santa Barbara Waterfront: The Waterfront runs along the coastline from Leadbetter Beach to Buttefly Beach.  This scenic area is a natural fit for... Read more

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Sep 22nd

Things to Do in Santa Barbara, California – The Downtown Area

2008

Categories: Downtown Neighborhood, Santa Barbara Local / Things to Do

Whether you are a local, in town visiting family and/or friends, or here on vacation in Santa Barbara, California, there is never a lack of activities and things to do in our wonderful seaside resort community.  Starting today, I am going to write the first installment in a series of articles that point out some of Santa Barbara's most prominent local attractions.  Some of these will be cultural, some dining, some active pursuits and some I am still deciding on.  This first installment will be focusing on... Santa Barbara Downtown Attractions: The Downtown area is dominated by the main street in Santa Barbara, State... Read more

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Aug 4th

Any Decision on The Miramar Project in Montecito CA? Update August 4, 2008

2008

Categories: Montecito, The Oceanfront Areas

Despite a marathon meeting last week, no decision has been made on the hottest topic in Montecito Real Estate...Will Mr. Caruso have his proposed plan for The Miramar project be approved.   For a complete story, Chris Meagher from The Independent, has the latest update and information on where the project stands. Further Reading: Real Estate Market Update for Montecito CA - First 6 Months 2008, Concerns Rise Again About the Proposed Development of the Miramar Hotel in Montecito CA., The Secret of Santa Barbara and Montecito Oceanfront Property and Estates View: Map of Miramar Hotel For information on Real Estate here in Santa Barbara, Montecito and/or our... 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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Feb 15th

Santa Barbara Real Estate Voice, Your Online Real Estate Resource

2008

Categories: Buyer's Resources & Advice, Santa Barbara, Seller's Resources & Advice

Santa Barbara Real Estate Voice is an online resource for Santa Barbara Real Estate, Montecito Real Estate and the surrounding areas.  When you work with a real estate agent to sell or buy a home, it will in all likelihood be the first or second largest financial decision of your life!!  That is a very big decision.  With that in mind, Santa Barbara Real Estate Voice is here to help you with finding information for all your real estate related questions and needs for Santa Barbara, Montecito, Summerland, Goleta, Hope Ranch, Carpinteria and the Santa Barbara Wine Country. You can search the Santa Barbara... Read more

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Jan 20th

Santa Barbara Real Estate Market Update for the Montecito Real Estate Area – Overall Yearly Sales Statistics for 2007

2008

Categories: Market Statistics / Updates, Montecito

Santa Barbara Real Estate for the Montecito area for January 1, 2007 - December 31st, 2007. I have summarized below an easy to look at brief outline of the overall statistics for the Santa Barbara Real Estate market for the Montecito area: The total number of single family homes sold was 191.  Overall the average sales price in 2007 was at $3,690,095.  The average days on the market were 113 in 2007. The total number of condos / townhomes sold was 29.  Overall the average sales price in 2007 was at $1,658,448.  The average days on the market were 115 in 2007. The total number of... Read more

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