Moving to Montecito Heights? Your Valuable Market Update is Here

A breathtaking oasis steps from the concrete jungle of DTLA. Moving to Montecito Heights? Your valuable market update is here! This article will breakdown Montecito Heights Real Estate, the individual Montecito Heights property listings, the Montecito Heights NELA architecture, and Montecito Heights NELA homes.

Beautifully preserved nature, rolling hills, and million-dollar views make Montecito’s Heights real estate market and community a truly enriching neighborhood to live in. Moreover, it’s North East LA’s newest hot spot. Some call it the “Topanga Canyon” of the Eastside. Montecito Heights NELA architecture is highly revered for its sustainability and ingenuity in materials and design.

A handful of Montecito Heights property listings have incredible views of the Arroyo Seco, DTLA, the San Gabriel Valley, and, on the clearest day, even the ocean. Montecito Heights and indeed all of Northeast Los Angeles are part of the Eastside, but the Arroyo Seco location gives the Hermon, Mount Washington vibe, as compared to Boyle or Lincoln Heights.

Whether you’re a resident, a potential buyer, or simply curious about local Montecito Heights real estate trends, this report provides a comprehensive analysis of the Montecito Heights real estate market from June 9, 2023, to September 9, 2023.

Montecito Heights Real Estate: From Diverse Price Ranges, Varied & Transactions

Montecito Heights’ NELA homes cater to a range of budgets. Equally important, it offers an assortment of properties. Here’s a breakdown of properties sold in different price brackets, along with their average days on market (DOM):

Montecito Heights Real Estate Entry-Level Options

In the $700,000 – $749,999 range, one property was sold, albeit with an extended average DOM of 280 days.
Similarly, a property in the $800,000 – $849,999 range was sold after spending 291 days on the market.

Montecito Heights Mid-Range Momentum

The Montecito Heights NELA homes experienced notable activity in the mid-range market.
In the $1,000,000 – $1,249,999 range, four properties were sold swiftly in an average of just 11 days.

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Market Summary

In total, six properties were sold in the Montecito Heights real estate market during this period, with an average DOM of 103 days. The market showcased its diverse offerings, with a minimum sold price of $740,000 and a maximum of $1,225,000. The average sold price stood at $1,037,167, with the median price at $1,116,500.

Current Market

There are 5 active Montecito heights property listings for single-family homes. These properties range from just under $700k upwards to $1.5mil.

Montecito Heights NELA Architecture

Montecito Heights: Unveiling History, Embracing Opportunities

Mount Washington is renowned not for its nightlife, but for its steep streets and sweeping vistas that span from the Pacific Ocean to the San Gabriel Mountains and beyond. Although the neighborhood’s steep and curving streets prevent it from boasting major thoroughfares, some local shops and quick snack establishments are making their homes closer to Mount Washington. Small artisanal shops featuring local artwork and organic eats have started popping up in the last few years along its borders.

Montecito Heights’ real estate market caters to a variety of budgets, with both entry-level and mid-range options available. In addition, despite varying DOM, properties are finding new owners, reflecting the neighborhood’s unique appeal. For specific inquiries or personalized advice on Montecito Heights properties, consider reaching out to us at The Shelhamer Group. Moreover, stay tuned for future updates as we continue to monitor and analyze the evolving trends in the Montecito Heights real estate market.

I am a Californian born here in Los Angeles. As a top graduate of the AACSB internationally accredited California State University of Los Angeles School of Business and Economics, I have accelerated my career as a residential real estate advisor by combining my passion for California history, writing, architectural preservation, and extensive sales background. My marketing and negotiation skills, combined with community outreach have helped me build a solid reputation with our clients.

I am a Senior Real Estate Specialist (SRES®) working closely in the communities that we serve with our mature clients. When I am not listing or selling some of California’s finest homes, I turn my focus to early 20th-century California collectibles. My e-commerce business Golden State Decor on Etsy celebrates the rich history of the Golden State with one-of-a-kind procured items while contributing directly to the California Conservation Corps Foundation.

A Californian born here in Los Angeles, David has spent his whole life in California. As a top graduate of the AACSB internationally accredited California State University of Los Angeles School of Business and Economics, he has accelerated his career as a residential real estate advisor combining his passion for California history, writing, architectural preservation, and extensive sales background.

David is a Senior Real Estate Specialist (SRES®) holding certifications in Probate and Trust Sales and Accessory Dwelling Units. His marketing and negotiation skills, joined with community outreach have helped him build a solid reputation with his clients.

Recently he represented a record-breaking sale for the most expensive home ever sold in Echo Park at 744 Sq. Ft. On the buying side, he knows the terrain, from negotiation, strategy, emerging markets, and the geographic pockets where the hidden gems lay. He continues to empower his clients with this knowledge, helping them get closer to building wealth and financial independence.

When David isn’t listing or selling some of California’s finest homes, he turns his focus to early 20th Century California antiques and collectibles. His e-commerce business Golden State Decor on Etsy celebrates the rich history of the Golden State with one-of-a-kind procured items while contributing directly to the California Conservation Corps Foundation.