Montecito Real Estate Market Update 2026 | Luxury Home Sales, Prices & January 2026 Outlook January 2026 Montecito real estate market update is here. In the Montecito luxury real estate market, the median home price came in at $5,750,000, down 10% year over year. Homes for sale in Montecito are averaging 139 days on market, showing a shift toward more selective luxury home buyers. Closed sales dropped 56%, and pending sales are down 50%, signaling a slower start to 2026.

If you’re buying or selling Montecito luxury homes, understanding pricing strategy, market trends, days on market, and current inventory is critical. Stay informed on Montecito CA real estate trends, high-end property values, and the Santa Barbara luxury housing market to make smart real estate decisions in 2026.

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