Sales Numbers Rise in Montecito Real Estate Market

There was one home sale in the Montecito market over the last 30 days, while coming close to the 1.0 monthly average for the last 12 months. In comparison, nearby Oxnard had 91 sales in the same time frame, the most of all neighboring cities. Even after the uptick in sales, an elevated 38 months of inventory tells us that Montecito is still a solid buyer's market.

Trying to find a more traditional home in Montecito? Then check out these listings that were built before most others in the market:

$4.8M   $13.5M   $3.2M  

Get started right now by checking out Montecito homes for sale or reviewing Montecito real estate trends.

Demographic facts for Montecito:

  • The median house value here is $1,822,500.
  • The area gets an average of 36 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 8.2%.
  • The students per teacher ratio in this area is 18.2:1. (15.3:1 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Keller Williams Realty
Snapped 87 homes in this area
RE/MAX Properties
Snapped 6 homes in this area
Coldwell Banker Residential Brokerage
Snapped 1 home in this area

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