Having just concluded the 1st quarter of 2010, the Montecito real estate market is about flat with the same time last year in number of homes sold in Montecito. The number of newly listed homes for sale in Montecito however is a different story. The number of homes listed for sale is off a tremendous -40.4% for March, and off -18.9% for the quarter on a year over year basis.
If the trend of flat year over year Montecito home sales remain flat, yet new listings of Montecito homes decline, we could find a shortage of homes for sale for buyers to select from. At the moment, however, therer is a good supply of Montecito homes for sale, and there are some sellers willing to make a deal.
You can search Montecito homes for sale matching your specific criteria at www.DistinctiveRealEstateOnline.com at your leisure with no sign-ups or any obligation.
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