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Short Sale Listings in Montecito, CA

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Montecito, CA Foreclosures

How much do homes sell for in Montecito, CA?
The average home price is currently $6,855,752.
What’s the average rental cost in Montecito, CA?
The average rental price in Montecito is $4,018.
What is the most expensive home in Montecito?
The most expensive home sold in Montecito had a price of $20,396,130.
What is currently the cheapest priced home in Montecito, CA?
The cheapest home for sale in Montecito is priced at $1,519,150.

Living in Montecito, CA

Montecito, CA is a high-end coastal community offering a serene lifestyle with beautiful gardens, upscale shopping, and proximity to beach activities. Residents enjoy stunning ocean views and outdoor recreation, with a strong emphasis on tranquility and relaxation. The community is also renowned for its excellent schools and cultural attractions.

Current Market Conditions in Montecito, CA

The real estate market in Montecito remains strong, with a growing demand for luxury properties in this picturesque area. Homes are often sold quickly due to their premium locations and attractive amenities, contributing to a steady increase in property values. Recently, the market has seen a rise in buyers from out of state, bringing fresh interest and investment into the area.

Home Value Estimator For Montecito, CA

There are currently 49 real estate properties in Montecito, CA, with a median automated valuation model (AVM) price of $5,219,771.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Montecito, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Montecito, CA, is $6,855,752.00, with the most expensive house in Montecito, CA, topping out at $20,396,130.00 and the cheapest home in Montecito, CA, clocking in at $1,519,150.00. In other words, there’s something for every potential homebuyer or savvy investor in Montecito, CA!

Rent Prices In Montecito, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montecito, CA, is on a rollercoaster ride. The average rent price in Montecito, CA, is $4,018.00. Indeed, when looking to rent in Montecito, CA, you can expect to pay as little as $2,580.00 or as much as $5,620.00, with the average rent median estimated to be $4,200.00. The good news is that finding an affordable and desirable property to rent in Montecito, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Montecito, CA Short Sale Listings


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