Price Cuts

September 17, 2020

Why Cut a Price When You Can Raise It?

The word of the week is up: there were far more notable price increases than reductions, a clear sign that agents don't see interest waning.

September 10, 2020

This Montecito Villa Is Now 57% Off the Original $22 Million Price

Perhaps because the market is insane, only a handful of properties have felt the need to reduce their prices this week.

September 4, 2020

Rococo a Gogo in Bel Air Knolls

The week's top price reductions also include a peach elephant, Padaro Lane beachfront, 21 acres west of Toro Canyon, a WASP delight, and more.

August 28, 2020

A Former Finnish Ambassador’s Fanciful Retreat

The week's top price adjustments are mostly downward—including a funky Lower Riviera triplex and an architectural statement in east Montecito—but things being what they are these days, a couple went up. 2

August 21, 2020

It’s a Haywire Market: Some Prices Are Going Up, While Others Go Down

The week's top adjustments include a Hedgerow compound now asking $2.55 million more; sweet retreat above Summerland; Tuscan villa in Toro Canyon; stylishly renovated hacienda; weekend retreat walkable to Butterfly Beach; and more. 1

August 14, 2020

Myriad Moments of Midcentury Style

The week's top price reductions include midcentury houses with potential in Montecito, Hope Ranch, and on the Mesa; a 1929 house on an acre on APS; and a house with a view of hills, canyons, ocean, and islands—all from one deck.

August 7, 2020

One-Acre Property on Butterfly Beach Now $5.5 Million Cheaper

The week's top price adjustments also include a magical spot to build, a Hope Ranch estate that has gone up in price, the original Knapp house, spiffy contemporary interiors way up the hill, the Coyote Road hovel, and more.

July 31, 2020

Million-Dollar Price Jump for Midcentury Mini-Compound

The week’s top price adjustments include a George Washington Smith Tudor, Riviera villas in need of renovation and not, half a historic duplex on E. Canon Perdido, and more.

July 24, 2020

The March of the Montecito Mediterranean Mansions

They're dropping from eight figures to seven. The week's other top adjustments: Two Montecito properties around $5 million have raised their prices; spec renovation inching toward reality.

July 18, 2020

The Park Lane Auction Is Getting Desperate

The week's other top price reductions: Faux castle thinks its future has brightened; 1895 Crocker Row house in the Upper East; colorful Riviera with lovely views; Hidden Valley Lane sprawler.