Here are all Montecito properties for sale, that closed escrow to date from April 1 to May 25, 2008. There were 38 Montecito properties for sale reported sold in the Santa Barbara MLS and are listed below. This sales pace shows a continued robust Santa Barbara real estate market place, particularly in the Montecito estates for sale market. Compared to this same period last year in the Montecito real estate market place, total sales are up 11%, average sales price is up 31% and the median sales price is up 33%. (per Santa Barbara MLS statistics). This sales pace bodes well for the entire Santa Barbara real estate meaket place, which is also enjoying solid market activity for 2008 and should be a preview for the rest of the U.S. real estate market place moving forward.
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