Montecito’s real estate market remained active through the first half of 2025, with 116 total sales, up 28% from the same period last year. Q1 was especially strong, posting 68 closings (the highest since early 2022), while Q2 saw a more measured 48 sales as buyer activity eased.
Despite fewer ultra-high-end closings, pricing held firm. Median Price in Q2 reached $6.25M, up 13% year-over-year and slightly above Q1’s record-setting $5.7M. Inventory is also building, signaling a slow move toward a more balanced market heading into the second half of the year. Beyond the MLS, there are still significant properties transacting off market, and who you work with matters. Call Riskin Partners to discuss your next move!
