Marsha Kotlyar Estate Group  |  License #01426886  |  805-565-4014

Q4 | MONTECITO SALES

January 16th, 2025

 

q4, 2024 - sales in montecito

montecito market

  • Sales Volume: 144 sales totaling $1.1 billion.
  • Luxury Demand: 29 sales over $10 million.
  • Average Price: $7.3 million, a slight increase from 2023.
  • Days on Market: 58 days, slightly higher than in 2023.

Key Takeaways

  • The luxury market, particularly in Montecito, is thriving with significant demand for homes over $10 million.
  • The broader market saw steady growth, with more listings and slightly longer time on market.
  • Hope Ranch remains a prestigious area, though without the same high-end transactions seen in Montecito.

Looking ahead to 2025, the market continues to show strength, with luxury properties leading the charge.

all q4 sales

BACK TO Q4, 2024 BLOG

NOTE: This is not in any way an official advertisement or publication of these properties. Data from The MLS and CORT for October 1, 2024 through December 31, 2024 and represents properties listed or sold by various brokers. The MLS, CORT, and Marsha Kotlyar Estate Group do not guarantee and are not in any way responsible for its accuracy, and data maintained may not reflect all real estate activity in the market. If your house is currently listed, this is not intended to be a solicitation. Based on information obtained from the MLS as of December 31, 2024. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent contained herein may or may not have been the Listing and/or Selling Agent.

SIGN UP FOR OUR NEWSLETTER

©2025 BHHS Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc. Equal Housing Opportunity.  

‹ Back to Articles