January 22, 2008

Montecito Real Estate for the last 30 days from December 13 ’07 to January 13, ’08 for the Santa Barbara Real Estate area

Santa Barbara Real Estate’s areas of Montecito Real Estate for Home Estate/PUDs there were 7 sales with a Median Sold price of $4,500,000. Taking the place of those 7 properties were 10 new listings, but the Median List price for those 10 was $2,100,000. The better news is that 8 homes entered escrow for the period. But again, the Median List price was down. Those 8 homes showed a Median List price of $2,995,000. Currently there are 101 homes for sale in Montecito with a Median List price of $3,600,000

Montecito Real Estate Condominiums in the Santa Barbara Real estate saw only 1 sale for the period listed above, and that property sold for $1,750,000. The worse news is there was nothing entering escrow during the same time. 3 New properties did come on the market with a Median List price of $999,000 which means that currently there are 15 condos for sale in Montecito with a Median List price of $1,779,000.



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Posted by gandlwoods at January 22, 2008 07:29 AM