2010 Year End Montecito Real Estate Market Statistics

Active Listings:
Last Year (2009): 573
This Year (2010): 575
% Change: 0%

New Listings:
Last Year (2009): 394
This Year (2010): 389
% Change: -1%

# Homes Under Contract:
Last Year (2009): 146
This Year (2010): 156
% Change: +6%

# Homes Sold:
Last Year (2009): 143
This Year (2010): 153
% Change: +6%

Sold Volume:
Last Year (2009): $492,534,075
This Year (2010): $540,101,644
% Change: +9%

Average Sales Price:
Last Year (2009): $3,444,294
This Year (2010): $3,530,076
% Change:+2%

The percentage of sale price to list price is remaining the same, hovering between 91-92% of asking price.