Tag archives: Montecito real estate
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 […]
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 […]
“Buy land, they’re not making it anymore.” – Mark Twain Over the long run, Montecito real estate has been an excellent investment. Indeed, price growth has averaged about 8% per annum over the past five years versus 7% for the greater Santa Barbara area and 6% nationally. These price premiums of Santa Barbara and Montecito […]
A deep dive into real estate’s incredible first half of 2021, and the trends it has kickstarted in Montecito