Montecito Real Estate Market Update 3rd Quarter 2014

Here are the latest real estate market statistics for the 3rd quarter 2014 for Montecito area.  As seen below, the average sales price has been very strong over the last year once again and continued to rise.  Overall the market feels that it finally has taken a break in the last few months but time will tell. Inventory continues to be lower than normal, but seems to fluctuate month to month. In the Montecito area homes need to be presented well, priced well and marketed well.  Please feel free to be in touch if you would like a free market evaluation of your home.

Montecito Real Estate Market Update 3rd Quarter 2014

Montecito Real Estate Market Update 3rd Quarter 2014

The graph below shows the overall 5 year market price in all areas of Santa Barbara.

Santa Barbara Area Real Estate - 5 Year Average

Santa Barbara Area Real Estate - 5 Year Average

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