RESIDER

Montecito Market Stats

Burnaby North, British Columbia

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Montecito

Log in Buyer's market: listings outpace sales, which historically puts downward pressure on prices. Seller's market at 20% or higher, balanced 12–20%, buyer's under 12%.

Closed home sales over the past month

Montecito recorded 4 closed sales in September 2026 at a median of $1.62M. The sales-to-active ratio was 12%. Over the last 30 days the median sold price was $1.8M on 5 sales. 34 homes were listed as of Oct 15, 2026.

Median sold · Sep 2026
$1.62M
Sales · Sep 2026
4
Median sold · 30 days
$1.8M
Sales · 30 days
5
Inventory · Oct 15
34
Sales / actives · Sep 2026
11.9%
How these figures are calculated

Sales count MLS® closings with a close date in the window. New listings count contracts dated in the window, including listings that later sold or expired.

Inventory is the number of active residential listings as of the nightly snapshot, not a live feed. Calendar-month inventory is the last snapshot in that month, matching board month-end reporting.

Sales-to-active is sales divided by inventory. Greater Vancouver REALTORS® treat 20% or higher as seller’s-market pressure, 12–20% as balanced, and under 12% as buyer’s-market pressure. Months of inventory is inventory divided by the monthly sales pace.

Median sold price, price per square foot, days on market, and percent of original list price are calculated from closed sales in the window. These are not MLS® Home Price Index benchmark prices.

Montecito housing market report: September 2026

Covers MLS® closings from to . Inventory as of .

4 homes sold in Montecito in September 2026 at a median price of $1,617,500, typically after 32 days on market. The sales-to-active ratio was 11.1%.

Montecito market statistics for September 2026
Metric Sep 2026
# Sold 4
% Above ask Log in
Median sold $1.62M
Avg sold $1.65M
Median $/sqft $630
Dollar volume $6.61M
Median discount Log in
Median DOM 32
Inventory 36
Months inv. 9
Abs. rate 11.1%
New listings 8

Calculated by Resider from MLS® closings reported by Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board and the Chilliwack and District Real Estate Board. Not MLS® Home Price Index benchmarks.

Area features

  • Town centres

    Metrotown, Brentwood, and Lougheed concentrate shopping, employment, and high-density housing.

  • Parks and lakes

    Burnaby Lake, Deer Lake, and Central Park offer large green spaces inside the city.

  • Education

    Simon Fraser University’s Burnaby Mountain campus is a major regional institution.

Transit and commuting

  • SkyTrain

    Brentwood Town Centre, Holdom, and nearby Millennium Line stations; buses to SFU.

  • Bus

    Local TransLink buses connect neighbourhoods to SkyTrain and Burnaby town centres.

Most Burnaby North neighbourhoods near SkyTrain can reach downtown Vancouver without transferring more than once.

Source: TransLink

Demographics

Part of City of Burnaby; figures below are citywide

Population
249,125 (2021)
Median household income
$73,500 (2020)
Households
101,135 (2021)

Popular searches in Montecito

Montecito real estate FAQ

What was the median sold price in Montecito last month?
The median sold price in Montecito was $1.62M in September 2026, based on 4 closed MLS® sales.
Is Montecito a buyer’s or seller’s market?
The sales-to-active ratio in Montecito was 11.1% in September 2026. Greater Vancouver REALTORS® treat 20% or higher as seller’s-market pressure, 12–20% as balanced, and under 12% as buyer’s-market pressure.
How many homes are listed in Montecito?
34 active residential listings were counted in Montecito as of October 15, 2026.
Are there homes for sale in Montecito?
Yes. Resider lists active MLS® homes for sale in Montecito, Burnaby North, with filters for houses, townhouses, and condos, plus sold-price market stats for the neighbourhood.
How do I see market stats for Montecito?
This page shows closed sales, median sold prices, days on market, price per square foot, and active inventory for Montecito. Compare with the wider Burnaby North market from the parent area page.
Are there homes for sale in Burnaby North?
Yes. Resider shows active MLS® listings in Burnaby North, British Columbia, including houses, townhouses, and condominiums, with sold-price market stats on this page.
What market stats can I see for Burnaby North?
This page reports closed sales volume, median and average sold prices, days on market, price per square foot, price trends, and active inventory for Burnaby North.
What is Burnaby North known for?
Burnaby North is known for Brentwood’s rapid growth, Millennium Line access, and proximity to SFU and Burnaby Mountain.
What is commuting like from Burnaby North?
SkyTrain is the primary rapid commute option; buses fill gaps away from stations.