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

What is the Montecito, CA real estate market doing?

As of September 2026, the median home listed in Montecito, CA asks $6.11M, down 3.1% year over year. Homes spend a median of 69 days on market, with 79 active listings and 20% carrying a price cut; pending contracts equal 22% of active listings — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$6.11M
▼ 3.1% YoY
Median $ / sq ft
$2,081
3,847 sq ft median
Median days on market
69
September 2026
Active listings
79
For sale now
New listings
20
September 2026
Listings with price cuts
20%
Share of active
Pending / active
22%
Contract activity

What is the Montecito, CA housing market doing right now?

The Montecito, CA housing market lists at a $6.11M median as of September 2026, down 3.1% year over year, with a 69-day median market time and 79 homes for sale (20% with a price cut), reading as a balanced market by days-on-market pace.

Montecito housing market statistics

The table summarizes Montecito's key housing figures for September 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 — September 2026
MetricLatestDetail
Median listing price$6.11M-3.1% YoY
Median price per sq ft$2,0813,847 sq ft median
Median days on market69-16% YoY
Active listings79-19% YoY
New listings this month20September 2026
Listings with a price cut20%Share of active
Pending-to-active ratio21.7%17 pending

How much inventory is on the market in Montecito?

Montecito has 79 active listings, 20 new this month, 17 pending as of September 2026. About 20% of active listings have cut their price — a balanced market by pace.

Active listings
79
New this month
20
Pending
17
Price-reduced
15

How much is a monthly mortgage payment in Montecito?

A home at Montecito's $6.11M median listing runs about $33,417 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$30,167/mo
−$3,250/mo vs today
At today's rate · 7.28%
$33,417/mo
National weekly average
If rates rise 1% · 8.28%
$36,795/mo
+$3,378/mo vs today

Principal & interest on the $6.11M median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). 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 September 2026, the median listing price in Montecito, CA is $6.11M, down 3.1% 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 $6.11M as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $33,417 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Montecito?
The median property in Montecito spends 69 days on the market, with 79 homes actively listed and 20% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Montecito?
With a median 69 days on market and 20% of active listings carrying a price cut, pending contracts at 22% of active listings, Montecito reads as a balanced market as of September 2026. Lean is based on days-on-market pace when closed-sale ratios are unavailable. 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, September 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.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.