2011 Santa Barbara Real Estate Market Update for The Monroe Elementary School District
Monroe School Map - Santa Barbara
The Mesa area in Santa Barbara stretches from the Santa Barbara City College on the east and extends two and one-half miles to Arroyo Burro County Beach (or "Hendry's/The Pit" to locals). The Mesa is an extremely desirable neighborhood and has often been voted the "Best Neighborhood" in a local paper's poll. The Mesa would be considered by most "a family neighborhood" although you get your mix of everyone it seems. Much of the housing on The Mesa consists of single family homes, but there are definitely numerous condo and apartment complexes as well as some scattered income properties (duplexes / triplexes).
On The Mesa the average price for a single family home tends to be between $700,000 and 1.1 million, but prices can easily go up to $2.5 million. So far this year (through the first week of December) there have been 33 Closed Sales on The Mesa area (in the Monroe School District) ranging in price from $525,000 to $1.55 million. Currently as of today there are 6 homes pending sale and 7 Active homes for sale in the Monroe School District on The Mesa.
The active homes for sale range in price from $625,000 to $1,350,000.
The Campanil Hill area is located on the sea-cliff just outside the boundaries of Hope Ranch and is a gorgeous private feeling neighborhood filled with larger homes and estates. Most of these homes have expansive views of the ocean and Channel Islands and sit on nicely landscaped parcels of .5 acre to 6 acre lots. The entire area is relatively small and sits on a gently sloped hill. In the Campanil Hill and Yankee Farm area the average price for a single family home tends to be between $1.1 million and $5 million. So far this year (through the first week of December) there have been 4 Closed Sales in The Campanil Hill area ranging in price from $1,485,000 to $4.85 million.
Currently as of today there is 1 home pending sale and 3 Active homes for sale in the Monroe School District in The Campanil Hill area.
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For more information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in the Santa Barbara area, please don’t hesitate to contact Kevin Schmidtchen at Berkshire Hathaway.