#25-1286, Jon Perkins, Michelle Heckman, Listing Office: Compass
Montecito Housing Market Report March 2025•Santa Barbara County, California
Housing Prices in Montecito, CA
How much do homes in Montecito, CA cost?
Housing Market Conditions
Is Montecito, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Montecito is a Seller's Market
Difference Since March 2024
Since last year, Montecito has remained a Seller's Market.
Montecito is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Montecito have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Montecito was $5,500,000 in March 2025, up 3.8% from last year, and the median price per square foot was $1,765.
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $1.7M | N/A |
22 Bedrooms | $3.5M | $2.7M | -22.2% |
33 Bedrooms | $4.5M | $4.7M | +4.0% |
44 Bedrooms | $5.3M | $5.7M | +8.2% |
55+ Bedrooms | $8.4M | $8.6M | +2.4% |
Summary: Montecito housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -22.2%. The home price for 3 bedroom homes increased by +4.0%. The home price for 4 bedroom homes increased by +8.2%. The home price for 5 bedroom homes increased by +2.4%.
How does Montecito, CA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Montecito, CA
Housing supply in Montecito, CA
How many homes are available in Montecito, CA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
96Last MonthMar 2025 | ||
872 months agoFeb 2025 | +10.3 % Change MoMFeb – Mar |
Summary: The Montecito real estate market had 96 homes for sale in Mar 2025, a 10.3 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
17Last MonthMar 2025 | ||
162 months agoFeb 2025 | +6.3 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
22 Bedrooms | 13 | 13 | 0.0% |
44 Bedrooms | 24 | 32 | +33.3% |
11 Bedroom | 0 | 0 | 0.0% |
33 Bedrooms | 26 | 25 | -3.8% |
55+ Bedrooms | 24 | 26 | +8.3% |
Summary: Montecito housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 2 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -3.8%. The inventory for 5 bedroom homes increased by +8.3%.
Asking Price vs. Sold Price
How much do homes in Montecito, CA cost?
Over Asking Price3 Homes
At Asking Price6 Homes
Under Asking Price8 Homes
If you're buying a home in Montecito, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Montecito in March 2025, up by 6.3% month-over-month. Of the 17 sold homes, 47% were sold under asking, 35% were sold at asking, and and 18% were sold over asking.
Days on Market for Montecito, CA
How long does it take to sell a home in Montecito, CA?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days1 Home
Over 90 Days4 Homes
Many homes in Montecito are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 17 homes were sold in Montecito; 71% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
61 DaysThis YearMar 2025 | ||
27 Days1 year agoMar 2024 | +122.1 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Montecito had an average listing age of 61 days in Mar 2025, up by 122.1% compared to the previous year.
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Newest Listings in Montecito, CA
What homes are available in Montecito, CA?
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Nearby markets aren't available for Montecito, CA
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MLS Disclaimers and Copyright
Based on information from Santa Barbara MLS, and California Regional MLS for the period 04/01/2023 - 04/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.