For Santa Barbara Real Estate in the Montecito Real Estate area there are 115 Home Estate/PUD that are currently active. Average price for those Home Estates is $6,520,091 with the highest priced listing showing up at an amazing $47,000,000. The median price for the 115 homes is $3,600,000 with the lowest priced listing a paltry $1,283,000. Average market time for those Home Estates is over 4 months at 134 days.
20 Home Estates are currently in escrow in Montecito. Average price for those 20 homes is $5,661,978 with highest price house in escrow is $20,000,000 with the median price showing up at $4,250,000 and the lowest priced Home Estate a miniscule $1,350,000. Average market time for all of those homes is 102.
As of December 14, 174 properties have closed escrow in Montecito. The average price of those 174 homes is $3,737,345 with the highest priced home going out for $20,000,000 and the median price $2,900,000. The lowest priced home that has closed escrow in Montecito this year was $675,000. Average market time for these 174 homes has been 103 days.
For Montecito Real Estate in the Santa Barbara area Condominiums there are currently 15 condos on the market. Average list price for the 15 condos is $1,868,396 with the highest priced listing being a condo for $5,900,000. Median listing price is currently at $1,750,000 and the lowest priced listing is $745,000. Average market time for those properties is 86 days.
3 condos are currently in escrow in Montecito. Of those 3 condos the average price is $1,594,000 with the highest price condo showing up at $1,800,000 and the median price of those condos in escrow is $1,388,000. The lowest priced condo in escrow is $1,388,000 and the average market time for those condos is 162.
For Sales through December 14 of 1007 there have been 24 properties close escrow. The average price of those 24 homes is $1,645,625 with the highest price a whopping $5,000,000. The median price of the Montecito closed condos is $1,200,000 and the lowest priced property is $720,000. Average market time for these homes is 111 days.
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