Montecito is an active townhouse market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Montecito based on MLS® data.
| Period | Units Sold | Avg Sold Price | Avg DOM |
|---|---|---|---|
| July 2020 (this report) | 5 | $614,800 | 20d |
| June 2020 month prior | 1 +400% | $800,000 -23.2% | 8d +150% |
In July 2020, the Montecito, Burnaby townhouse real estate market is classified as a Strong Seller's Market with an absorption rate of 41.7%. It is currently a strong seller's market in Montecito, Burnaby, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.
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.