The largest number of homes for sale in Montecito exist at the lower end of the Montecito real estate price spectrum and the fewest number of homes for sale in Montecito are at the high end of the Montecito real estate market.
Here is a breakdown of the number of Montecito homes for sale by price segments:
- In the $1 million to $2 million price segment there are 20 Montecito homes for sale.
- In the $2 million to $3 million price range there are 45 homes for sale in Montecito.
- In the $3 million to $4 million price catagory there are 31 Montecito homes for sale.
- In the $4 million to $5 million price range there are 22 homes for sale in Montecito.
- In the $5 million to $6 million price segment there are 8 Montecito homes for sale.
- In the $6 million to $7 million price catagory there are 16 homes for sale in Montecito.
- In the $7 million to $8 million price segment there are 6 Montecito homes for sale.
- In the $8 million to $9 million price range there are 5 Montecito homes for sale.
- In the $9 million to $10 million price category there are only 2 Montecito homes for sale.
- In the $10 million to $15 million price range there are only 2 homes for sale in Montecito
- In the $15 million to $20 million price category there are only 4 Montecito homes for sale
- In the $20 million to $45 million price segment, there are 5 homes for sale in Montecito
This data clearly shows that once the $5 million price segment is reached, the level of inventory of Montecito homes for sale drops considerably. Last month, there was tremendous sales activity in the $10 million Montecito real estate market. Last month, high end Montecito buyers stepped up. See the Montecito Real Estate Statistics for April for details.
There is currently a good selection in every price range, and some of these sellers are very motivated as well. For more information, contact Wendy Gragg at 805.453.3371. To view up to the minute inventory of Montecito homes for sale, visit www.DistinctiveRealEstateOnline.com
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