Montecito Market Trends
MLS® Home Price Index benchmark prices in Burnaby North, Greater Vancouver
Montecito at a glance
The benchmark price of a home in Montecito was $1,395,000 in July 2026, down 14.7% from a year earlier. That trails the Burnaby North area average (-8.2% year over year) by 6.5 points. Since July 2023 the benchmark price has fallen 3.2% ($1,441,200 → $1,395,000), with the period high of $1,635,800 in July 2025.
Benchmark price trend
Benchmark price, Aug 2023 – Jul 2026. Hover a month for the exact value.
Montecito vs Burnaby North
Benchmark price indexed to 100 at Aug 2023. Since then, Montecito is down 5.5% vs −12.3% for Burnaby North overall.
Benchmark price levels by property type
| Property type | Jul 2026 | Jul 2025 | 1-yr change |
|---|---|---|---|
| Composite (all types) | $1,395,000 | $1,635,800 | -14.7% |
| Detached | $1,809,600 | $2,111,800 | -14.3% |
| Townhouse / attached | $789,100 | $799,600 | -1.3% |
More in Burnaby North
Source: Greater Vancouver REALTORS via MLS® Home Price Index benchmark prices (board-published)
Period: July 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.