Montecito
BURNABY NORTH, BC
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Life in Montecito
Montecito is part of Burnaby North and is 12.4 km from Downtown Vancouver and 18.0 km from the Vancouver International Airport. There are 2 schools in Montecito including Sperling Elementary and Montecito Elementary.
There are currently 17 homes for sale in Montecito made up of condos, townhomes and houses with an average list price of $2,064,571. An average Townhome in Montecito has 3 bedrooms, is 1,505 SF and lists for $935,475. Townhome prices range from $818,000 - $1,199,900.
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Montecito Market Intelligence
Last updated November 17, 2024 at 12:25am -08:00
Market Summary
Chart Information
The sales-to-listings, or "S/L", ratio is a measure of balance between supply and demand in the market. It is calculated here as the number of home sales over the past 30 days divided by the current number of active listings. The Real Estate Board of Greater Vancouver defines a market as being balanced when the S/L ratio is between 12% and 19%, a range where prices should be relatively stable. A seller's market is defined by a S/L ratio of 20% or higher, a situation that results in upward pressure on prices. A buyer's market is characterized by a S/L ratio below 12%, a situation that results in downward pressure on prices.
Average Sale Price
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Sales
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Active Listings
17
Nov 17, 2024
Sales-To-Listing Ratio
12
%
Balanced Market
Average Days On Market
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CURRENT MARKET CONDITIONS
Chart Information
The sales-to-listings, or "S/L", ratio is a measure of balance between supply and demand in the market. It is calculated here as the number of home sales over the past 30 days divided by the current number of active listings. The Real Estate Board of Greater Vancouver defines a market as being balanced when the S/L ratio is between 12% and 19%, a range where prices should be relatively stable. A seller's market is defined by a S/L ratio of 20% or higher, a situation that results in upward pressure on prices. A buyer's market is characterized by a S/L ratio below 12%, a situation that results in downward pressure on prices.
CONDOS
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TOWNHOMES
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HOUSES
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Your Montecito Specialist
advisor
Randy is a market expert in Montecito
