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 Market18.0 mo supply — Buyer's

With 18.0 months of supply, Burnaby is a buyer's market where increased supply gives buyers more negotiating room.

Browse Homes For Sale →

$532K↓avg price · last month

Jun6-month avg price trend · MLS®Nov

105

Homes Sold

last 30 days

N/A

Avg Sold Price

last 30 days · sold properties

1,892

Active Inventory

live MLS · updated every 5 min

18.0 mo

Months of Supply

current absorption rate

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

3-Year Price Trend

$532K

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	$1.94M	—	—	Buyer's Market
Townhouses	$945K	—	—	Buyer's Market
Condos	$654K	$623	-24.6%	Buyer's Market

Market Insight

Condos are the most accessible entry point in Burnaby, currently averaging $654,420 — well below the cost of a detached home.

Condos have declined the least over the past year at -24.6%.

Buyers currently have more negotiating room across all property types in Burnaby — consult a local agent before making pricing decisions.

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

Parkcrest · 2 sold →Burnaby Hospital · 1 sold →Sperling-Duthie · 1 sold →Deer Lake Place · 1 sold →Upper Deer Lake · 3 sold →Government Road · 1 sold →The Crest · 2 sold →Big Bend · 1 sold →Garden Village · 1 sold →East Burnaby · 3 sold →Montecito · 2 sold →Forest Glen BS · 5 sold →South Slope · 5 sold →Willingdon Heights · 2 sold →Capitol Hill BN · 3 sold →Central BN · 2 sold →Vancouver Heights · 2 sold →Sullivan Heights · 2 sold →Metrotown · 24 sold →Simon Fraser Hills · 1 sold →Brentwood Park · 22 sold →Edmonds BE · 2 sold →Simon Fraser Univer. · 6 sold →Highgate · 6 sold →Central Park BS · 3 sold →Cariboo · 2 sold →

How does this period compare?

Metric	Nov · Last 30 days	Oct	Nov (LY)
Homes Sold	3-98.4%	191	229
Avg Sold Price	$532K-45.3%	$972K	$1.1M
Avg Days on Market	10d-76.2%	42d	45d

By Property Type

All property types

Property Type

Type	Sold (30d)	Avg Sold	Avg DOM	Active	Market
Apartment	66	$654,420	45d	1,092	Buyer's Market
Duplex	8	$1,739,750	26d	127	Buyer's Market
Fourplex	0	N/A	0d	10	Buyer's Market
House	18	$1,935,391	47d	432	Buyer's Market
Other	0	N/A	0d	13	Buyer's Market
Townhouse	13	$945,346	41d	218	Buyer's Market

Recently Sold

SOLD

Apartment

$468KSign In

105 5577 SMITH AVENUE

Nov 4 · Central Park BS

419 9867 MANCHESTER DRIVE

94 7501 CUMBERLAND STREET

700 5967 WILSON AVENUE

2905 6699 DUNBLANE AVENUE

2806 4189 HALIFAX STREET

Oct 30 · Brentwood Park

1805 3888 EVERGREEN PLACE

Oct 28 · Sullivan Heights

2809 6468 WILLINGDON AVENUE

Oct 28 · Metrotown

2 bd2 ba835 ft²

Neighbourhood Breakdown

Click headers to sort · Click neighbourhood to drill down

Neighbourhood ⇅	Sold (30d) ⇅	Avg Sold ⇅	Avg DOM ⇅	Absorption ↑	Market	Homes
Big Bend Guide ↗	1	$1,685,000	21d	6.0 moBalanced	Balanced	Browse →
Upper Deer Lake Guide ↗	3	$2,038,667	4d	7.7 moBuyer's	Balanced	Browse →
Deer Lake Place Guide ↗	1	$2,200,000	34d	8.0 moBuyer's	Balanced	Browse →
Burnaby Lake Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Westridge BN Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Deer Lake Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Oaklands Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Buckingham Heights Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Forest Hills BN Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Greentree Village Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Suncrest Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
The Crest Guide ↗	2	$1,694,167	47d	10.5 moBuyer's	Buyer's	Browse →
Simon Fraser Hills Guide ↗	1	$700,000	23d	11.0 moBuyer's	Buyer's	Browse →
Garden Village Guide ↗	1	$1,590,000	27d	11.0 moBuyer's	Buyer's	Browse →
Cariboo Guide ↗	2	$382,000	22d	11.5 moBuyer's	Buyer's	Browse →
Central Park BS Guide ↗	3	$585,667	11d	12.0 moBuyer's	Buyer's	Browse →
Highgate Guide ↗	6	$593,833	91d	13.2 moBuyer's	Buyer's	Browse →
East Burnaby Guide ↗	3	$1,588,333	56d	13.3 moBuyer's	Buyer's	Browse →
South Slope Guide ↗	5	$1,316,600	70d	14.4 moBuyer's	Buyer's	Browse →
Simon Fraser Univer.Guide ↗	6	$607,917	42d	14.7 moBuyer's	Buyer's	Browse →
Metrotown Guide ↗	24	$710,425	53d	16.0 moBuyer's	Buyer's	Browse →
Brentwood Park Guide ↗	22	$666,823	43d	16.3 moBuyer's	Buyer's	Browse →
Montecito Guide ↗	2	$1,511,350	9d	17.0 moBuyer's	Buyer's	Browse →
Capitol Hill BN Guide ↗	3	$1,219,967	31d	18.7 moBuyer's	Buyer's	Browse →
Willingdon Heights Guide ↗	2	$1,290,000	4d	19.0 moBuyer's	Buyer's	Browse →
Forest Glen BS Guide ↗	5	$1,409,100	10d	19.4 moBuyer's	Buyer's	Browse →
Parkcrest Guide ↗	2	$2,677,500	31d	19.5 moBuyer's	Buyer's	Browse →
Vancouver Heights Guide ↗	2	$905,000	17d	20.0 moBuyer's	Buyer's	Browse →
Central BN Guide ↗	2	$1,137,750	28d	21.0 moBuyer's	Buyer's	Browse →
Burnaby Hospital Guide ↗	1	$2,600,000	110d	22.0 moBuyer's	Buyer's	Browse →
Sullivan Heights Guide ↗	2	$856,250	19d	32.0 moBuyer's	Buyer's	Browse →
Sperling-Duthie Guide ↗	1	$2,365,000	122d	40.0 moBuyer's	Buyer's	Browse →
Government Road Guide ↗	1	$2,000,000	48d	49.0 moBuyer's	Buyer's	Browse →
Edmonds BE Guide ↗	2	$665,500	52d	54.0 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 $1,257,064 in Burnaby. 1990s homes sell the fastest — avg 21 days on market. Prices fell 17% from Pre-1980 to 2020+.

Avg Sold PriceAvg Days on Market

11 sold9 sold12 sold16 sold20 sold37 sold

By Bathroom Count

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

1 bath25 sold

37d$515,852

2 baths47 sold

48d$727,604

3 baths15 sold

49d$1,389,720

4 baths9 sold

34d$1,622,211

5 baths1 sold

110d$2,600,000

6 baths1 sold

34d$2,200,000

7 baths5 sold

22d$2,345,500

8 baths2 sold

37d$2,584,667

Storey Count

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

2 Storey16 sold

51d$1,977,946

3 Storey2 sold

18d$1,594,950

Lot Size

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

Insight: Homes on larger lots (8,000+ sqft) command a 26% price premium vs. the smallest lots — averaging $2,273,333 vs. $1,798,000.

Under 4,000 sqft2 sold

81d$1,816,667

4,000-6,000 sqft5 sold

22d$1,798,000

6,000-8,000 sqft8 sold

63d$1,924,213

8,000+ sqft3 sold

25d$2,273,333

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 1892 active listings and 105 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 5.5%, 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 43 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, Duplex properties are currently selling fastest in Burnaby with an average of 26 days on market. Duplex listings also represent some of the strongest demand, with 8 sales in the last 30 days.

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

Detached houses in Burnaby average $1,935,391. Townhouses average $945,346. Condos average $654,420. 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, condos have shown the strongest year-over-year price movement in Burnaby at -24.6% 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?+

105 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 18.0 months reflects a buyer's market.