Real Estate Market

Burnaby Real Estate Market

Live stats and monthly reports across the areas Saeed serves — updated every 5 minutes from MLS® data.

OverviewLive stats, charts & KPIs Monthly ArchiveHistorical monthly reports

Buyer's Market17.3 mo supply — Buyer's

With 17.3 months of supply, Burnaby is a buyer's market where increased supply gives buyers more negotiating room.

Browse Homes For Sale →

$1.05M↑avg price · last month

Apr6-month avg price trend · MLS®Sep

111

Homes Sold

last 30 days

N/A

Avg Sold Price

last 30 days · sold properties

1,923

Active Inventory

live MLS · updated every 5 min

17.3 mo

Months of Supply

current absorption rate

View Homes For Sale Recently Sold Free Home Evaluation Monthly Reports →

3-Year Price Trend

$1M

Avg sold price by type · last 36 months · MLS® data

Benchmark Prices by Property Type

Burnaby · Last 30 days

Property Type	Avg Sold Price	Avg $/sqft	YoY Change	Condition
Houses	$1.89M	$879,021	-6.9%	Buyer's Market
Townhouses	$982K	$757,717	+3.0%	Buyer's Market
Condos	$689K	$168,340	-3.2%	Buyer's Market

Market Insight

Condos are the most accessible entry point in Burnaby, currently averaging $689,252 — well below the cost of a detached home.

Townhouses have appreciated the most over the past year at +3.0%, while Houses saw the weakest movement at -6.9%.

Price growth across all types has been steady — Burnaby remains a stable market for both owner-occupiers and investors.

Last 30 Days — By Property Type

Sold properties only

Apartment:Buyer's Market

Duplex:Buyer's Market

Fourplex:Buyer's Market

House:Buyer's Market

Other:Buyer's Market

Townhouse:Buyer's Market

What Does Each Home Cost?

By bedrooms & property type · Last 30 days sold

Type	1 Bed	2 Bed	3 Bed	4+ Bed
Apartment	$548K $820/ft² 41 sold	$698K $752/ft² 63 sold	$889K $721/ft² 18 sold	$1.12M $690/ft² 5 sold
Townhouse	$699K $698/ft² 8 sold	$879K $672/ft² 31 sold	$1.08M $645/ft² 44 sold	$1.25M $612/ft² 14 sold
House	—	$1.19M $580/ft² 6 sold	$1.49M $558/ft² 22 sold	$2.25M $498/ft² 18 sold

Studio = 0 bedrooms. 4+ Bed includes all homes with 4 or more bedrooms.

Average Sold Price by Neighbourhood

Last 30 days · sorted high to low

Click bar to drill down

Central BN · 1 sold →Montecito · 2 sold →Burnaby Hospital · 1 sold →Vancouver Heights · 4 sold →Suncrest · 1 sold →Parkcrest · 3 sold →Westridge BN · 1 sold →Sperling-Duthie · 2 sold →Capitol Hill BN · 4 sold →East Burnaby · 1 sold →Burnaby Lake · 3 sold →Government Road · 2 sold →The Crest · 2 sold →Forest Glen BS · 4 sold →Simon Fraser Hills · 1 sold →Willingdon Heights · 2 sold →South Slope · 7 sold →Forest Hills BN · 1 sold →Metrotown · 17 sold →Sullivan Heights · 5 sold →Edmonds BE · 8 sold →Brentwood Park · 25 sold →Central Park BS · 3 sold →Greentree Village · 1 sold →Highgate · 6 sold →Simon Fraser Univer. · 4 sold →

How does this period compare?

Metric	Sep · Last 30 days	Aug	Sep (LY)
Homes Sold	117-45.1%	213	280
Avg Sold Price	$1.05M+4.5%	$1M	$1.06M
Avg Days on Market	46d-13.2%	53d	44d

By Property Type

All property types

Property Type

Type	Sold (30d)	Avg Sold	Avg DOM	Active	Market
Apartment	66	$689,252	51d	1,086	Buyer's Market
Duplex	5	$1,533,000	57d	152	Buyer's Market
Fourplex	0	N/A	0d	7	Buyer's Market
House	24	$1,888,106	53d	448	Buyer's Market
Other	0	N/A	0d	10	Buyer's Market
Townhouse	16	$982,243	19d	220	Buyer's Market

Recently Sold

SOLD

Townhouse

$749KSign In

203A 7159 STRIDE AVENUE

Sep 21 · Forest Glen BS

Sep 21 · Brentwood Park

224 7055 WILMA STREET

Sep 20 · Burnaby Lake

2801 6537 TELFORD AVENUE

801 4425 HALIFAX STREET

Sep 19 · Brentwood Park

2 bd2 ba1,035 ft²

Neighbourhood Breakdown

Click headers to sort · Click neighbourhood to drill down

Neighbourhood ⇅	Sold (30d) ⇅	Avg Sold ⇅	Avg DOM ⇅	Absorption ↑	Market	Homes
Greentree Village Guide ↗	1	$700,000	14d	5.0 moBalanced	Seller's	Browse →
Suncrest Guide ↗	1	$1,720,000	72d	6.0 moBalanced	Balanced	Browse →
Forest Hills BN Guide ↗	1	$1,005,000	4d	8.0 moBuyer's	Balanced	Browse →
Parkcrest Guide ↗	3	$1,696,667	4d	8.7 moBuyer's	Buyer's	Browse →
Burnaby Lake Guide ↗	3	$1,325,500	50d	8.7 moBuyer's	Buyer's	Browse →
Upper Deer Lake Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Cariboo Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Deer Lake Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Buckingham Heights Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Garden Village Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Deer Lake Place Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Oaklands Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Big Bend Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Vancouver Heights Guide ↗	4	$2,082,000	29d	10.0 moBuyer's	Buyer's	Browse →
The Crest Guide ↗	2	$1,190,000	17d	11.5 moBuyer's	Buyer's	Browse →
Central Park BS Guide ↗	3	$730,952	56d	12.0 moBuyer's	Buyer's	Browse →
Simon Fraser Hills Guide ↗	1	$1,053,000	45d	12.0 moBuyer's	Buyer's	Browse →
South Slope Guide ↗	7	$1,020,286	31d	12.4 moBuyer's	Buyer's	Browse →
Edmonds BE Guide ↗	8	$779,736	16d	13.0 moBuyer's	Buyer's	Browse →
Sullivan Heights Guide ↗	5	$789,600	59d	13.6 moBuyer's	Buyer's	Browse →
Highgate Guide ↗	6	$630,883	72d	14.2 moBuyer's	Buyer's	Browse →
Brentwood Park Guide ↗	25	$764,300	42d	15.0 moBuyer's	Buyer's	Browse →
Capitol Hill BN Guide ↗	4	$1,330,750	44d	16.0 moBuyer's	Buyer's	Browse →
Willingdon Heights Guide ↗	2	$1,043,500	31d	16.0 moBuyer's	Buyer's	Browse →
Montecito Guide ↗	2	$2,379,525	304d	18.0 moBuyer's	Buyer's	Browse →
Burnaby Hospital Guide ↗	1	$2,360,000	84d	18.0 moBuyer's	Buyer's	Browse →
Westridge BN Guide ↗	1	$1,650,000	72d	21.0 moBuyer's	Buyer's	Browse →
Metrotown Guide ↗	17	$880,118	64d	21.3 moBuyer's	Buyer's	Browse →
Government Road Guide ↗	2	$1,259,000	27d	22.0 moBuyer's	Buyer's	Browse →
Sperling-Duthie Guide ↗	2	$1,599,500	6d	23.5 moBuyer's	Buyer's	Browse →
Forest Glen BS Guide ↗	4	$1,130,500	35d	24.0 moBuyer's	Buyer's	Browse →
Simon Fraser Univer.Guide ↗	4	$477,500	22d	25.5 moBuyer's	Buyer's	Browse →
Central BN Guide ↗	1	$2,900,000	48d	39.0 moBuyer's	Buyer's	Browse →
East Burnaby Guide ↗	1	$1,330,000	38d	50.0 moBuyer's	Buyer's	Browse →

Deep Breakdown

Age, bathrooms, storeys, and lot size — how each factor shapes the sale price in Burnaby.

Age of Home — Does Year Built Affect Price?

Avg Sold Price & Days on Market by Year Built · Last 30 Days · Sold Properties

Insight: Pre-1980 homes command the highest avg price at $1,589,169 in Burnaby. 2000s homes sell the fastest — avg 26 days on market. Prices fell 48% from Pre-1980 to 2020+.

Avg Sold PriceAvg Days on Market

21 sold8 sold10 sold14 sold22 sold36 sold

By Bathroom Count

Avg Sold Price by Bathrooms · Last 30 Days · Sold Properties

1 bath21 sold

48d$742,731

2 baths52 sold

47d$756,061

3 baths22 sold

54d$1,471,207

4 baths11 sold

28d$1,489,909

5 baths3 sold

52d$2,146,000

6 baths1 sold

43d$2,360,000

7 baths1 sold

72d$1,720,000

Storey Count

Avg Sold Price by Storeys · Detached Houses · Last 30 Days · Sold Properties

2 Storey22 sold

49d$1,900,593

3 Storey2 sold

93d$1,750,750

Lot Size

How Lot Size Affects Price · Detached Houses · Last 30 Days · Sold Properties

Insight: Homes on larger lots (8,000+ sqft) command a 68% price premium vs. the smallest lots — averaging $2,096,006 vs. $1,250,000.

Under 4,000 sqft1 sold

8d$1,250,000

4,000-6,000 sqft6 sold

27d$1,658,667

6,000-8,000 sqft8 sold

46d$1,874,313

8,000+ sqft8 sold

86d$2,096,006

Frequently Asked Questions — Burnaby Market

Is Burnaby a buyer's or seller's market right now?+

Burnaby is currently a buyer's market. The absorption rate — the pace at which active listings are being absorbed by buyers — points to more supply than demand, giving buyers more negotiating room. There are 1923 active listings and 111 homes sold in the last 30 days.

What does the absorption rate mean for Burnaby?+

Burnaby has a sales-to-active listings ratio (SALR) of 5.8%, below the 12% threshold that defines a buyer's market. There are more homes available relative to demand, giving buyers more time to consider their options and more room to negotiate on price and conditions. Sellers may need to price competitively to attract offers.

How long do homes stay on the market in Burnaby?+

Homes in Burnaby are selling in an average of 47 days on market. Properties that are priced correctly and presented well tend to attract offers faster, sometimes within the first week of listing.

What types of properties sell fastest in Burnaby?+

Among all property types tracked, Townhouse properties are currently selling fastest in Burnaby with an average of 19 days on market. Townhouse listings also represent some of the strongest demand, with 16 sales in the last 30 days.

What is the average price of a house, townhouse, and condo in Burnaby?+

Detached houses in Burnaby average $1,888,106. Townhouses average $982,243. Condos average $689,252. These figures reflect sold prices over the past 30 days from MLS® records and are updated monthly. Prices vary by neighbourhood, size, and condition — contact Saeed for a personalised estimate.

Which property type has appreciated the most in Burnaby?+

Based on MLS® data, townhouses have shown the strongest year-over-year price movement in Burnaby at +3.0% compared to the same period last year. Price growth has been moderate overall — buyers should evaluate value on a property-by-property basis. Consult a local agent for current conditions before making investment decisions.

How many homes sold in Burnaby last month?+

111 homes sold in Burnaby over the past 30 days. Tracking monthly sales volume is one of the best indicators of market momentum — rising sales generally signal growing buyer confidence, while declining volume can signal hesitancy or seasonal slowdown.

What does "months of supply" mean in Burnaby?+

Months of supply measures how long it would take to sell all current active listings at the current pace of sales. Under 4 months is a seller's market; 4–6 months is balanced; over 6 months favours buyers. In Burnaby, the current absorption rate of 17.3 months reflects a buyer's market.