Montecito CA Real Estate Market Update - First Quarter 2008

I have summarized below an easy to look at brief outline of the overall statistics for the Montecito CA area through the first quarter of 2008.

  • The total number of single family homes sold in Montecito was 44.  The number of current pending sales for single family homes is 14.  The number of current active listings for single family homes is 88.
  • The total number of condos / townhomes sold in Montecito was 3.  The number of current pending sales for condos / townhomes  is 2.  The number of current active listings for condos / townhomes is 11.
  • The total number of PUD's sold in Montecito was 0.  The number of current pending sales for PUD's is 1.  The number of current active listings for PUD's is 1.

The lowest sale in Montecito was a unit in a four unit complex for $1.36 Million on San Ysidro Road.  The highest sale in Montecito was an Estate site for $21 Million on Ortega Ridge. Please feel free to contact me directly if you have questions or would like more in depth information and statistics about: 1) The Montecito Area 2) The area around your personal home 3) A specific area in Montecito Further Reading: Information and Articles about Montecito For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty. Thank you for reading.  I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts. Subscribe to Receive Personal Listings of Montecito Area Properties Search the Santa Barbara Area MLS

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