Montecito Housing Market
$3,700,000
-33.8% 1-yr
The average Montecito home value is $3,700,000, down 33.8% over the past year.
| Current Month (February 2026) | Last Month (January 2026) | Last Year (February 2025) | |
|---|---|---|---|
| Median Home Price | $3,700,000 -33.8% 1-yr | $5,750,000 | $5,587,500 |
| Median Price per Sqare Foot | $1269.8 -31.5% 1-yr | $2014.4 | $1853.4 |
| For Sale Inventory | 450 3.9% 1-yr | 434 | 433 |
| Sold Homes | 7 -12.5% 1-yr | 5 | 8 |
| Median Days to Close | 110.5 -1.8% 1-yr | 119 | 112.5 |
| % Sold Above List Price | 29% 16% 1-yr | 0% | 25% |
| % Sold Below List Price | 57% -24% 1-yr | 100% | 75% |
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Montecito Takeaways
Typical Home Values: $3,700,000
1-year Value Change: -33.8%
(Data through March 2, 2026)
Montecito Key Market Overview
$3,700,000 For Median Home Price (March 2, 2026)
$1269.8 For Median Price per Sqare Foot (March 2, 2026)
450 For For Sale Inventory (March 2, 2026)
7 For Sold Homes (March 2, 2026)
110.5 For Median Days to Close (March 2, 2026)
29% For % Sold Above List Price (March 2, 2026)
57% For % Sold Below List Price (March 2, 2026)
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