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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May 11th	Has The Santa Barbara CA. Luxury Real Estate Market Been Effected by the Financial Crisis?
2009	Categories: Luxury Real Estate, The Oceanfront Areas

Yes...to anyone who is paying attention and knows this luxury market here in Santa Barbara. For our purposes, I will refer to the the high end luxury real estate market here in the Santa Barbara CA. area as any property over the $5 million price point. Most of our high end luxury market here in Santa Barbara CA. is found in Montecito CA, Hope Ranch CA, the foothills of Santa Barbara, anywhere directly on the water from Goleta to Carpinteria, or any type of extensive ranch / equestrian property. Where we have been: Since 1998, the high end luxury real estate market in Santa... Read more

Tags: hope ranch luxury market, montecito luxury market, santa barbara high end real estate, santa barbara luxury market, santa barbara luxury real estate

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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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