Resort & second-home market · California · June 2026 data

Montecito Real Estate Market

As of June 2026, the median home listed in Montecito, CA asks $6.5M — down 10.0% year over year. Homes sell in a median of 66 days, with 76 active listings and 7% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$6.5M
▼ 10.0% YoY
Median $ / sq ft
$2,106
3,465 sq ft median
Median days on market
66
June 2026
Active listings
76
For sale now
New listings
18
June 2026
Listings with price cuts
7%
Share of active

Montecito housing market statistics

The table summarizes Montecito's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Montecito, CA housing market at a glance — June 2026
MetricLatestDetail
Median listing price$6.5M-10.0% YoY
Median price per sq ft$2,1063,465 sq ft median
Median days on market66-9% YoY
Active listings76-21% YoY
New listings this month18June 2026
Listings with a price cut7%Share of active

How much inventory is on the market in Montecito?

Montecito has 76 active listings, 18 new this month, 20 pending as of June 2026. About 7% of active listings have cut their price — a balanced market by pace.

Active listings
76
New this month
18
Pending
20
Price-reduced
5

How much is a monthly mortgage payment in Montecito?

A home at Montecito's $6.5M median listing runs about $32,627 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$29,296/mo
−$3,331/mo vs today
At today's rate · 6.43%
$32,627/mo
National weekly average
If rates rise 1% · 7.43%
$36,109/mo
+$3,482/mo vs today

Principal & interest on the $6.5M median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is the latest Montecito real estate news?

Recent headlines consistently highlight high-value property transactions and market prominence in Montecito. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Montecito housing market FAQ

What is the median home price in Montecito?
As of June 2026, the median listing price in Montecito, CA is $6.5M, down 10.0% year over year (source: public records and industry data). Figures reflect ZIP 93108, the closest available data area for Montecito.
How much does it cost to buy a home in Montecito?
The median home listed in Montecito asks $6.5M as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $32,627 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Montecito?
The median property in Montecito spends 66 days on the market, with 76 homes actively listed and 7% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Montecito?
With a median 66 days on market and 7% of active listings carrying a price cut, Montecito reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Who are the top real estate agents in Montecito?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Montecito and the wider California market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures reflect ZIP 93108, the closest available data area for Montecito. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

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Naomi Whitfield Real Estate Data Analyst

Naomi Whitfield is a real estate data analyst who builds metro-level price, inventory and days-on-market datasets from public MLS aggregates and county records. She reviews WealthyBud's market pages for data accuracy before they publish.