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 $1,337,400 in September 2026, down 17.7% from a year earlier. That trails the Burnaby North benchmark price (-7.4% year over year) by 10.3 points. Since July 2023 the benchmark price has fallen 7.2% ($1,441,200 → $1,337,400), with the period high of $1,635,800 in July 2025.
Benchmark price trend
Benchmark price, Oct 2023 – Sep 2026. Hover a month for the exact value.
Montecito vs Burnaby North
Benchmark price indexed to 100 at Oct 2023. Since then, Montecito is down 11.1% vs −13.9% for Burnaby North overall.
Benchmark price levels by property type
| Property type | Sep 2026 | Sep 2025 | 1-yr change |
|---|---|---|---|
| Composite (all types) | $1,337,400 | $1,625,100 | -17.7% |
| Detached | $1,716,700 | $2,027,400 | — |
| Townhouse / attached | $772,400 | $808,400 | — |
1-yr change is the figure Greater Vancouver REALTORS published for Sep 2026; "—" where none is on file. It is not recalculated from the two levels shown: the year-ago level is the figure as first published, and boards revise past values.
More in Burnaby North
Source: Greater Vancouver REALTORS via MLS® Home Price Index benchmark prices (board-published)
Period: September 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.