The Montecito Park housing market is somewhat competitive. The median sale price of a home in Montecito Park was $699K last month, up 24.1% since last year. The median sale price per square foot in Montecito Park is $819, up 3.7% since last year.
What is the housing market like in Montecito Park today?
In February 2024, Montecito Park home prices were up 24.1% compared to last year, selling for a median price of $699K. On average, homes in Montecito Park sell after 69 days on the market compared to 104 days last year. There were 1 homes sold in February this year, down from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$698,500
+24.1% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Montecito Park, CA
$698,500
+24.1%
United States
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How hot is the Montecito Park housing market?
Montecito Park is somewhat competitive. Homes sell in 28.5 days.
0
100
68
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 8% above list price and go pending in around 29 days.
Hot homes
can sell for about 20% above list price and go pending in around 13 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Montecito Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Montecito Park.
Risk Factor
Flood Factor - Major
45% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Montecito Park has a major risk of flooding. 101 properties in Montecito Park are likely to be
severely affected
by flooding over the next 30 years. This represents 45% of all properties in Montecito Park. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Montecito Park has a severe risk of wildfire. There are 616 properties in Montecito Park that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Montecito Park.
Montecito Park has minimal risk of severe winds over the next 30 years
Wind Factor
Montecito Park has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.