Buyer's Market · avg townhouse price $720,000 · 1 sold (30d) · 31 days on market
Buyers currently have more choice in Montecito, Burnaby's townhouse market, with homes taking longer to sell. In the past 30 days, 1 townhouses sold across Montecito, Burnaby at an average sold price of $720,000. Townhouses are selling in an average of 31 days on the market. The absorption rate is 11.1% — meaning 11.1% of active townhouse inventory sells each month. Average townhouse prices in Montecito, Burnaby are down 3.6% compared to the 90-day average of $747,000. If you're considering buying a townhouse in Montecito, Burnaby, you have more time to negotiate — though well-priced townhomes still attract attention.
12-month average townhouse sold price
Montecito is a Buyer's Market for townhouses (absorption rate: 11.1%, 1 sold vs 9 active listings in the last 30 days).