Montecito, Burnaby House Market Report – September 2024

Q: How many homes sold in Montecito, Burnaby in September 2024?

3 house properties sold in Montecito, Burnaby during September 2024 based on MLS® records. There were 99 active listings at the start of the month. A total of 6 new listings came to market during the month.

Q: What is the average home price in Montecito, Burnaby?

The average house sold price in Montecito, Burnaby in September 2024 was $1,924,333. Sold prices ranged from $1,800,000 to $2,055,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Montecito, Burnaby?

In September 2024, house properties in Montecito, Burnaby averaged 33 days on the market before selling. With an absorption rate of 3%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Montecito, Burnaby market changed compared to last year?

The average house sold price in Montecito, Burnaby in September 2024 was $1,924,333, up 11.2% year-over-year compared to September 2023 ($1,730,000). Sales volume was up 200% compared to the same month last year. Data is sourced from MLS® sold records.

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

← August 2024 Next month →

Units Sold

$1,924,333

Avg Sold Price

33d

Avg Days on Market

Buyer's Market

Market Condition

99 active at start of month 6 new listings Absorption rate: 3% Highest sold: $2,055,000 Lowest sold: $1,800,000

How Does September 2024 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
September 2024 (this report)	3	$1,924,333	33d
August 2024 month prior	2 +50%	$2,795,000 -31.2%	33d +0%
September 2023 year ago	1 +200%	$1,730,000 +11.2%	—

3-Year Price Trend — Montecito, Burnaby House

The Montecito, Burnaby house real estate market was a Buyer's Market in September 2024, with 99 active listings at the start of the month, 3 properties sold, an average sold price of $1,924,333, properties averaging 33 days on market, an absorption rate of 3%. All data is sourced from MLS® sold records.

Recently Sold in Montecito, Burnaby

2625 Bainbridge Avenue

Sold $1,448,800

3 bd • 3 ba • House

Active Listings in Montecito, Burnaby

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Montecito, Burnaby specialist

Get your home value ›

All Types Condos Houses Townhouses

Related: Montecito, Burnaby House Archive → Live Market Stats → Burnaby Reports → All BC Reports →

Frequently Asked Questions — Montecito, Burnaby September 2024

Is it a good time to buy in Montecito, Burnaby? −

In September 2024, the Montecito, Burnaby house real estate market is classified as a Buyer's Market with an absorption rate of 3%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Montecito, Burnaby in September 2024? +

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

How long are homes sitting on the market in Montecito, Burnaby? +

How has the Montecito, Burnaby market changed compared to last year? +

Last Update: 06/03/2026 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.