Tag archives: housing market
It seems like only yesterday we were kicking off summer with Memorial Day, the Santa Barbara Summer Solstice parade weekend, the Rosewood Miramar re-anchoring its floating offshore platform out for all to enjoy… and then the 4th of July came and went and boom, all of a sudden we are looking at Labor Day. Where […]
Spring arrived a month or so ago, along with a bounty of home sales in the Montecito 93108 area, completely confirming my comment from last month’s article; that our often static and yet ever dynamic market can truly fit both descriptions from one month to the next. If the first quarter of 2026 (Jan 1 […]
When we say Montecito, people in L.A. and from other areas respond differently than they did five years ago or even one year ago, when I first wrote these same words. The secret is out and the perception of Montecito as a “hot spot” is at an all-time high. If you are new to town, […]
The Santa Barbara South Coast real estate market continues to demonstrate remarkable resilience in early 2025, with significant price appreciation in most areas and a persistent shortage of available inventory driving competitive bidding situations despite rising interest rates. Montecito, in particular, maintains its position as one of the nation’s most exclusive real estate markets, though […]
Well, my fellow Montecitans, the Montecito Real Estate market started 2025 off with a bang, as January brought the largest number of sold homes in one month in well over a year. January!!! A month that is normally one of the slower of the year is now the benchmark for months to come. With 25 […]
Without attempting to be a statistical tower of stats and figures, I have attempted here to give an overall look at Montecito’s Real Estate market – and her nuances – through an analysis of homes sales thus far, January 1 to November 30, 2024. To summarize some thoughts about the Montecito and 93108 Real Estate […]
Greetings neighbors and visitors to Montecito. Sending a hearty wish for a happy and healthy Thanksgiving and holiday season ahead for us all. The holidays are a busy time in Montecito like anywhere else; shopping, dining, gathering with family and friends… and all the recent work on the freeway and various streets around town is […]
Dear Faithful Reader, I do hope you have enjoyed a joyous summer and are ready for the fall, as we head into this next season in our lovely enclave of Montecito. Although it is still summer on the tail end, the on-again, off-again love affair our area has with coastal low clouds and fog seems […]
I often feel as if today’s Montecito real estate market is something of a bubble. Not that it is a bubble about to burst, rather the bubble we live in, where the outside world does not seem to exist. We have everything we need right here it feels. And as for home prices, we have […]
By the time you read this, it might already be spring, (at least by the calendar). The jasmine is in bloom, and if you look up on the hills you can see the ceanothus blooming, creating pockets of bright color amongst the green. Additionally, we are still enjoying the clear skies and the lovely winter […]
In 2024, sales are up in Montecito – in both volume and prices. What a whopping start to 2024 for the high-end real estate market here in Montecito’s 93108. As I type, just 40 days into the new year, we have seen a total of 17 sales in the Multiple Listing Service (MLS), with two […]
Here is a deep dive into the state of the housing market in Montecito, Santa Barbara, and the Santa Ynez Valley, along with my predictions for 2024. Let’s look at the numbers. South Santa Barbara County Stats South Santa Barbara County (Goleta to Carpinteria) saw the sale of 1,011 homes and condos in 2023; this […]
Cheers to you all and Happy New Year, 2024! Thank you to the Montecito Journal team for providing me this forum, and to the readers who keep me on my toes to bring you the most up-to-date activity and trends month to month in our Montecito, 93108 Real Estate market. Throughout 2023 (much like at […]
Month after month, year after year I keep pinching myself when I realize we live in Montecito. Though we work hard and sometimes struggle to stay here, it is by no means an accident. We thought of all the places in the world (ok the southern West Coast) where we could raise our daughter and […]
Fewer sales, higher prices, steady as she goes… or is there a sales slowdown ahead? From this summer’s highest prices, yet slower than recent year’s summer sales volume, to now fall peaks and valleys and Ellen’s new fantasy listing, our market is one thing one month and another the next. What is consistent though, is […]
It was nice to wake up to sun this morning. We have had our share of ‘Faugust’ mornings and I’m still not sure summer fully happened. The long days of light are dimming yet it’s still lovely and soon will be less crowded on Coast Village Road on the weekends. Locals, get ready for September […]
The numbers are in for the first half of 2023, and the Santa Barbara South Coast real estate market remains tight in terms of inventory and well in favor of sellers, as there is simply more buyer demand than homes available for sale. Accordingly, the number of sales is down 32% over last year, with […]
When you decide to move to Montecito or if you live here already, you are likely aware that there are many smaller neighborhoods within the greater 93108, each offering their own charm, advantages, and distinct personality. From the Hedgerows to Eucalyptus Hill, to Toro Canyon, the beach area, and the Golden Quadrangle, it’s all good […]
Many Santa Barbarians, Montecitans, and Los Angelenos have caught on to what Santa Ynez Valley locals have known for decades: livin’ is good in the SYV. With several unique areas from which to choose, each with their own culture, lifestyle, and merits, it’s no wonder that residency in the Valley has exploded over the past […]
Well, it’s just about the start of summer, or almost. Solstice is next week and don’t even get me started about the May gray and the June gloom, oops, too late. But on a sunnier note, let’s start with Montecito Real Estate stats, about as good a place to start as any. As I reported […]
