Montecito, Burnaby Market Report – April 2021

Montecito is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Montecito based on MLS® data.

← March 2021 Next month →
8
Units Sold
$1,518,586
Avg Sold Price
12d
Avg Days on Market
Balanced Market
Market Condition
46 active at start of month 14 new listings Absorption rate: 17.4% Highest sold: $2,050,000 Lowest sold: $670,000

How Does April 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
April 2021 (this report) 8 $1,518,586 12d
March 2021 month prior 10 -20% $1,455,100 +4.4% 25d -52%

3-Year Price Trend — Montecito, Burnaby

The Montecito, Burnaby real estate market was a Balanced Market in April 2021, with 46 active listings at the start of the month, 8 properties sold, an average sold price of $1,518,586, properties averaging 12 days on market, an absorption rate of 17.4%. All data is sourced from MLS® sold records.

Recently Sold in Montecito, Burnaby

2713 Ellerslie Avenue
Sold $720,000
3 bd • 1 ba • Townhouse
6941 Adair Street
Sold $2,625,000
6 bd • 7 ba • House
7375 Montecito Drive
Sold $718,000
3 bd • 3 ba • Townhouse
7492 Broadway
Sold $2,460,000
4 bd • 2 ba • House
7040 Halifax Street
Sold $1,400,000
4 bd • 2 ba • House
7307 Montecito Drive
Sold $685,000
2 bd • 2 ba • Townhouse

Active Listings in Montecito, Burnaby

7605 Lawrence Drive
$2,165,000
5 bd • 3 ba • House
7028 Broadway
$2,199,800
5 bd • 5 ba • House
1860 Moore Avenue
$1,325,000
4 bd • 3 ba • Townhouse
1860 Moore Avenue
$1,348,000
4 bd • 3 ba • Townhouse
7061 Paulus Crescent
$2,349,000
7 bd • 6 ba • Townhouse
7061 Paulus Crescent
$2,349,000
7 bd • 6 ba • Townhouse
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Montecito, Burnaby specialist
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Related: Montecito, Burnaby Archive → Live Market Stats → Burnaby Reports → All BC Reports →

Frequently Asked Questions — Montecito, Burnaby April 2021

In April 2021, the Montecito, Burnaby real estate market is classified as a Balanced Market with an absorption rate of 17.4%. The market in Montecito, Burnaby is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/04/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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