Montecito, Burnaby Market Report – November 2020

Q: How many homes sold in Montecito, Burnaby in November 2020?

7 properties sold in Montecito, Burnaby during November 2020 based on MLS® records. There were 34 active listings at the start of the month. A total of 11 new listings came to market during the month.

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

The average sold price in Montecito, Burnaby in November 2020 was $1,499,698. Sold prices ranged from $584,000 to $2,940,000. Data is sourced from MLS® board records.

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

In November 2020, properties in Montecito, Burnaby averaged 34 days on the market before selling. With an absorption rate of 20.6%, the market is currently a Seller's Market. A lower average days-on-market indicates stronger demand.

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

Year-over-year comparison data is not available for Montecito, Burnaby in November 2020. Browse the monthly archive to track price trends over multiple years for this area. Data is sourced from MLS® sold records.

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.

← October 2020 Next month →

Units Sold

$1,499,698

Avg Sold Price

34d

Avg Days on Market

Seller's Market

Market Condition

34 active at start of month 11 new listings Absorption rate: 20.6% Highest sold: $2,940,000 Lowest sold: $584,000

How Does November 2020 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
November 2020 (this report)	7	$1,499,698	34d
October 2020 month prior	4 +75%	$1,359,500 +10.3%	55d -38.2%

3-Year Price Trend — Montecito, Burnaby

The Montecito, Burnaby real estate market was a Seller's Market in November 2020, with 34 active listings at the start of the month, 7 properties sold, an average sold price of $1,499,698, properties averaging 34 days on market, an absorption rate of 20.6%. All data is sourced from MLS® sold records.

Recently Sold in Montecito, Burnaby

2713 Ellerslie Avenue

Sold $720,000

3 bd • 1 ba • Townhouse

3 bd • 3 ba • Townhouse

2 bd • 2 ba • Townhouse

Active Listings in Montecito, Burnaby

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

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 Archive → Live Market Stats → Burnaby Reports → All BC Reports →

Frequently Asked Questions — Montecito, Burnaby November 2020

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

In November 2020, the Montecito, Burnaby real estate market is classified as a Seller's Market with an absorption rate of 20.6%. It is currently a seller's market in Montecito, Burnaby. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Montecito, Burnaby in November 2020? +

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.