Montecito Market Trends
MLS® HPI benchmark prices in Burnaby North, Greater Vancouver
Montecito at a glance
The benchmark price of a home in Montecito was $1,417,700 in June 2026, down 13.0% from a year earlier. That trails the Burnaby North area average (-8.2% year over year) by 4.8 points. Since November 2023 the benchmark has fallen 5.6% ($1,501,100 → $1,417,700), with the period high of $1,635,800 in July 2025.
Benchmark price trend
Composite MLS® HPI benchmark, Nov 2023 – Jun 2026. Hover a month for the exact value.
Montecito vs Burnaby North
Benchmark price indexed to 100 at Nov 2023. Since then, Montecito is down 5.6% vs −10.1% for Burnaby North overall.
Benchmark levels by property type
| Property type | Jun 2026 | Jun 2025 | 1-yr change |
|---|---|---|---|
| Composite (all types) | $1,417,700 | $1,628,800 | -13.0% |
| Detached | $1,827,000 | $2,108,000 | -13.3% |
| Townhouse / attached | $809,200 | $800,000 | +1.2% |
More in Burnaby North
Source: Greater Vancouver REALTORS via MLS® Home Price Index (board-published)
Period: June 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.