Santa Barbara Homes Under $2 Million Are Selling – But Montecito Mansions Are Sitting
Santa Barbara’s housing market is now sharply divided by price point. Homes under $2 million are selling steadily, with more buyers and more inventory than last year. But at the high end — Montecito estates and Hope Ranch compounds — sales have dropped nearly in half, and the median price has fallen from $5.9 million [...]