Montecito, Burnaby House Market Reports Archive

Q: Is Montecito, Burnaby a buyer's or seller's market?

As of July 2025, Montecito, Burnaby is a buyer's market — there is more supply than demand, giving buyers more choice and negotiating room. The absorption rate is 2.2%.

Q: What types of homes sell in Montecito, Burnaby?

Houses are the property type tracked in this archive for Montecito, Burnaby. Use the type tabs above the archive to filter reports by condos, houses, or townhouses and compare price trends for each property type.

Q: How long do homes take to sell in Montecito, Burnaby?

In July 2025, house properties in Montecito, Burnaby averaged 41 days on the market before selling. Click any month in the archive above for the full breakdown.

Q: What is the sales-to-active (absorption) rate in Montecito, Burnaby?

The absorption rate in Montecito, Burnaby was 2.2% in July 2025, with 3 properties sold. An absorption rate above 20% typically indicates a seller's market; below 12% suggests a buyer's market.

Montecito, Burnaby House Market Reports — Burnaby, BC

Monthly house market data for Montecito, Burnaby — going back to September 2020. Click any month for the full report.

Buyer's Market Latest month (July 2025): 3 sold $2,135,000 avg price 41d avg DOM

Montecito is an active house market in British Columbia's Lower Mainland. Browse monthly reports below to track sold prices, days on market, and market conditions for Montecito based on MLS® data.

Frequently Asked Questions — Montecito, Burnaby Real Estate

What is the average home price in Montecito, Burnaby? −

Based on the most recent data (July 2025), the average house sold price in Montecito, Burnaby was $2,135,000. Use the monthly archive above to track how prices have changed over time.

Is Montecito, Burnaby a buyer's or seller's market? +

What types of homes sell in Montecito, Burnaby? +

How long do homes take to sell in Montecito, Burnaby? +

What is the sales-to-active (absorption) rate in Montecito, Burnaby? +