Montecito
| Type | Avg Sold Price | Sold (30d) | Avg DOM | Active | Condition |
|---|---|---|---|---|---|
| Townhouses | — | 0 | — | 14 | Buyer's Market |
| Houses | $2.38M | 2 | 304d | 19 | Buyer's Market |
Montecito is currently a buyer's market. 5.6% sales-to-active listings ratio — homes selling in an average of 304 days, at an average sold price of $2,379,525 — well-priced properties are attracting strong demand.
Neighbourhood Pulse
Based on 90-day sold data
Saeed Farahani specializes in Montecito — from identifying hidden-value listings early to negotiating the best possible terms for buyers and sellers.
24-Month Market Trends — Montecito
Over the past 24 months, the average sold price in Montecito has trended significantly lower — a 12.2% shift — with the most recent period averaging $1,596,242. Sales volume has remained relatively steady, with 54 homes sold recently and 51 in the earlier part of the period. With an average of 144 days on market, buyers have more time to consider their options, favouring careful negotiation over rush decisions. Current absorption suggests a seller-leaning market, with inventory moving at a brisk pace — roughly 1.5 months of supply.
Schools, lifestyle, walkability and what makes this neighbourhood unique — an in-depth local guide.
Frequently Asked Questions
Free Home Evaluation
Mortgage Pre-Qualification
Learn what to look for, how to make a strong offer, and what the buying process looks like in BC.
Buyer's Guide →Find out what your home is worth with a free evaluation based on real comparable sales in this neighbourhood.
Free Home Evaluation →Why work with Saeed
Real estate expertise you can count on — reach out any time.