Tag archives: homes
It was just four months ago that singer Ariana Grande splashed out $6.75 million for a Tudor-style home, The Porter House, consisting of two bedrooms and three bathrooms in two antique barns that had been imported from England, and just a month later Prince Harry and his wife Meghan spent $14.5 million for a nine-bedroom, […]
When people from around the world think of Montecito, many conjure up images of hilltop homes and sprawling estates, the Four Seasons Biltmore, Butterfly Beach, San Ysidro Ranch, and the new Rosewood Resort at Miramar Beach. Yes, Montecito is all of that and more. By more I mean, that one has more options than just […]
Hello and welcome to a busy Montecito summer season. In the past four months, the number of closed escrows is more than double what we would typically see. Between July 19 and August 29, for example, whereas 16 homes traded hands last year during the same timeframe, this year we saw 39 completed home sales. […]
It has been an incredible past two-plus months in the Montecito real estate market, to say the least. Sales are up and still climbing. Not since perhaps 2002-2006 have agents seen this kind of buyer activity, in all price ranges. Sales have been solid in Summerland, Carpinteria, Santa Barbara, and Goleta as well this summer, […]
The months of May and June, and now into July 2020, are proving to be the most active real estate months that many can remember in Montecito during the past 15+/- years. Whether it be Boomers flexing their buying muscle and finally committing to a place in Montecito, perhaps Ellen’s celebrity friends, the Bay Area […]
To say it has been an active spring in the Montecito Real Estate market would be an understatement. Without even taking into considering the recent, national challenges, and even when comparing to most 45+/- day periods, regardless of market conditions in recent years, it has been a good six weeks in the Montecito Real Estate […]
The Montecito Heat Index measures present demand for Montecito single-family homes. By focusing upon buyer contracts, rather than closed escrows which typically lag a month or longer from accepted contracts, the Heat Index provides a forward-looking indicator of both market strength and direction. At five distinct price points, we look at where value is most […]
It was a good May in terms of home sales in Montecito and the greater 93108. In fact, some agents are even saying the market is basically on fire and in most price ranges. Indeed, we have had a few of the usual under-two-million-dollar sales, as well as a few in the $3-$5-million range as […]
I hope everyone is staying safe and enjoying “at-home time” as much as is possible. Perhaps by the time this article is out on the streets, there will be more people out and about. In the meantime, regardless of being somewhat back to normal or not, we are all spending more time at home and […]
While there are many listings from “pre-stay-at-home order” days, and there are some few new listings on the market, I thought it might be a good time to focus on what has been selling here in Montecito since the stay at home order fell into place. Of course, many of the sales between March 15 […]
The homes that comprise the Montecito Real Estate market offer great diversity in terms of style, price and amenities, as well as the varied topography and neighborhoods this lovely area offers to homeowners. From a canyon side home to a level lot in a private setting, a hill top view home, a historic property resting […]
It goes without saying that the last few weeks have been a tumultuous time for everyone, and the global pandemic and associated social distancing and quarantines have had far reaching consequences for nearly every type of trade or commerce. The local real estate market in Santa Barbara and Montecito is no exception; here’s what’s happening […]
2018 and 2019 saw solid years for sales in the $10,000,000+ range. In 2019 there were 10 homes that sold over $10,000,000 in the Montecito, 93108 zip code, and 14 over $10,000,000 if you include homes sold in the Padaro Lane area. In 2018 there were seven sales in Montecito over the $10,000,000 price point. […]
The Montecito Heat Index measures present demand for Montecito single-family homes. By focusing upon buyer contracts, rather than closed escrows which typically lag a month or longer from accepted contracts, the Heat Index provides a forward-looking indicator of both market strength and direction. It also shows us at five price-points where value is most recognized […]
As we move further into the New Year, we are seeing new homes come on the market, as well as listings that had expired at the end of last year and are coming back on. Inventory is generally low right now, but not far off averages for past years overall. Additionally, many of the homes […]
When a seller lists their home for sale the most important question that must be answered is, at what price to offer the property. While some go with a flat number, say five or eight million, most agents and sellers might offer a home for just a bit less, perhaps to entice, to catch people […]
Whether one moves to Montecito for the weather, the beaches, or the Santa Barbara lifestyle, one thing we as Realtors know is that most buyers, if they can afford it, either must have, want, or would like to have an ocean view. When suggesting a home a client might like, the question that follows is […]
Housing trends change with some regularity, although perhaps not as frequently as fashion trends change. Housing style trends can take longer to shift as changing the style or look of a home is a very costly undertaking. Maybe that is why we tend to refer to housing styles in terms of eras, other than type […]
Over time, or sometimes when a new listing hits, a specific listing or a smaller group of properties can stand out as what agents might collectively see as good buys or, Best Buys. This is not a term meant to imply that a property for sale is necessarily “cheap,” but perhaps by my definition, it […]
In the past half dozen or so articles we have worked our way across Montecito, looking at different neighborhoods and homes for sale within these pockets. We have covered areas such as western Montecito’s edge on the border with Santa Barbara, the Cold Spring School area, the now-open-again, San Ysidro Ranch and Montecito Union School […]
