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Montecito Real Estate for the last 30 days from April 22 to May 22 ‘15 for the Santa Barbara Real Estate area

Submitted by Gary Woods on Mon, 06/01/2015 - 12:30

Santa Barbara Real Estate’s areas of Montecito Real Estate for Home Estate/PUDs there were 24 sales from April 22 to May 22 ‘15 with a median sold price of $3,625,000 and an average sold price of $3,850,181. Last year there were 17 sales with a median sold price of $2,665,000 and an average sold price of $4,060,241. During that same time period there have been 20 opened escrows with a median list price of $2,995,000 and last year there were 26 escrows opened with a median list price of $2,775,000. Right now there are 100 Home Estate/PUDs available for purchase in Montecito with a median list price of $4.995 million and an average list price of $7.876 million.

For the Condo market in Montecito Real Estate this year there have been 4 sales this year compared to 2 last year. The median sales price on the 4 this year is $1,092,912 and the average sales price is $1,153,956. Last year there were 2 sales with a median sales price of $3,157,500 and average sales price of $3,157,500. This year 6 escrows were opened with a median list price of $1,417,500 and last year there was 2 opened escrows with a median list price of $3,672,500. Right now there are 7 condos available for purchase in Montecito with a median list price of $1,795,000 and an average list price of $2,105,571.