Montecito, CA
Housing market overview · Updated weekly
$4.37Mmedian sale price
Homes sold
8
Last 12 weeks
Days on market
72
Average pace
Active listings
49
6.1 months supply
Sale-to-list
96.2%
Below asking
The Montecito housing market is currently classified as a buyer's market with a median sale price of $4.37M. Prices have fallen 21.9% compared to last year, with homes spending an average of 72 days on market, indicating 6.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Explore nearby cities in CA
Frequently asked questions
What is the average home price in Montecito?
The median home sale price in Montecito is $4.37M, down 21.9% from last year.
How long do homes stay on market in Montecito?
Homes typically spend 72 days on market before going under contract.
Is Montecito a buyer's or seller's market?
With 6.1 months of supply, Montecito is currently a buyer's market.
Get Montecito market alerts
Weekly updates on prices, inventory, and trends. Free forever.