Montecito homes for sale

What does a home cost in Montecito?

Montecito has 21 active MLS® listings. The median asking price is $1.80M, with homes listed from $679K to $5.29M. That is about 100% above the Burnaby median of $898K. Figures reflect current asking prices on active listings, refreshed hourly, not sold prices.

What types of homes are for sale in Montecito?

Detached listings make up 57% of what is for sale in Montecito (12 of 21 listings), with a median asking price of $2.25M. Townhouse listings are next at 38%, typically asking $762K.

How does Montecito compare to other areas?

For context across the region: Whalley (median $549K), Willoughby Heights (median $837K), Abbotsford West (median $700K). Montecito carries the highest median asking price of this group. Comparing a few adjacent areas is often the fastest way to see whether a listing is priced with its street or against it.

What kind of homes are in Montecito?

There is no single housing type in Montecito. The active listings run detached houses at 57%, townhouses at 38% and half duplexes at 5%, which means two buyers with the same budget can end up shopping for very different homes on the same streets.

Construction dates are spread out. The median home for sale dates to 1975, with most of the market falling between 1962 and 2023, so condition and updates vary a lot from listing to listing.

What do you actually get for the money?

71% of the homes for sale have four or more bedrooms, with the 4-bedroom plan the most common of all. Family-sized space is the norm rather than the premium option.

A typical listing here offers about 2,106 sq ft of living space and 3 bathrooms.

Where a lot is reported, the median is 7,728 sq ft, which is what sets the ceiling on additions, laneway homes and future redevelopment.

29% of the listings report a finished basement, which in this city usually means either extra family space or a mortgage helper.

Enclosed parking is standard: 67% of listings include a garage.

Strata or freehold?

48% of the active listings are strata-titled and the rest are freehold, so the ownership question is a live one in Montecito rather than settled by the neighbourhood.

Across the 8 listings that disclose one, the median strata fee is $511 per month. Read it against what it covers before comparing two buildings on price alone.

Getting around Montecito

Rapid transit reaches part of the area: 29% of listings are near a station, while 48% are on a frequent bus route.

Across 15 scored listings the median walk score is 39 out of 100, computed from real walking routes. Day-to-day errands here usually involve a drive or a bus.

Cycling scores better than walking in a lot of the city, and it does here too: the median bike score across scored listings is 74.