Montecito, Burnaby Luxury Houses for Sale Over $3M
There are currently 4 houses for sale in Montecito, Burnaby priced Over $3M. The median asking price is $3,840,000, averaging $943/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
Market summary
The houses priced over $3m market in Montecito, Burnaby is currently a Seller's Market with a 25% sales ratio — 1 homes sold against 4 active listings in the past 30 days. The median asking price is $3,840,000 ($943/sqft). Properties are selling slowly, averaging 86 days on the market.
Recently Sold
17 sold nearby
↑ Seller's Market
4
Active Listings
1
Sold (30 days)
25%
Sales Ratio
Seller's Market
$3.84M
Median Price
$943
Avg $/sqft
86
Avg Days
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Frequently Asked Questions — Montecito, Burnaby
How many houses priced over $3m are for sale in Montecito, Burnaby?
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There are currently 4 houses priced over $3m listed for sale in Montecito, Burnaby. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for houses in Montecito, Burnaby?
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It is currently a Seller's Market. With a 25% sales ratio, demand is outpacing supply — houses are moving quickly and sellers have the upper hand in negotiations. See the full Burnaby Houses market report for monthly trends.
What is the median price of houses in Montecito, Burnaby?
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The median asking price for houses in Montecito, Burnaby is $3,840,000. The average price per sqft is $943. See the full Burnaby Houses market report for monthly trends.
How long do houses take to sell in Montecito, Burnaby?
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Houses in Montecito, Burnaby are averaging 86 days on market before selling. Buyers have time to view multiple properties and negotiate.
What qualifies as a luxury houses in Montecito, Burnaby?
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In Montecito, Burnaby, luxury houses are generally considered to be properties priced above $3 million. These homes typically feature premium finishes, larger lot sizes, high-end appliances, and desirable locations. There are currently 4 luxury houses listed for sale in Montecito, Burnaby.
Do luxury houses in Montecito, Burnaby negotiate on price?
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The luxury segment in Montecito, Burnaby tends to have fewer competing buyers, which can give purchasers more negotiating room compared to the entry-level market. That said, well-priced luxury houses in prime locations still sell quickly. Working with an experienced luxury real estate agent familiar with Montecito, Burnaby is essential to getting the best outcome.
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