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 Market16.8 mo supply — Buyer's

With 16.8 months of supply, Burnaby is a buyer's market where increased supply gives buyers more negotiating room.

Browse Homes For Sale →

$892K↓avg price · last month

May6-month avg price trend · MLS®Oct

114

Homes Sold

last 30 days

N/A

Avg Sold Price

last 30 days · sold properties

1,915

Active Inventory

live MLS · updated every 5 min

16.8 mo

Months of Supply

current absorption rate

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

3-Year Price Trend

$892K

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	$1.82M	$928,697	-11.2%	Buyer's Market
Townhouses	$882K	$521,672	-19.1%	Buyer's Market
Condos	$608K	$122,611	-11.6%	Buyer's Market

Market Insight

Condos are the most accessible entry point in Burnaby, currently averaging $607,592 — well below the cost of a detached home.

Houses have declined the least over the past year at -11.2%, while Townhouses saw the weakest movement at -19.1%.

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

Buckingham Heights · 1 sold →Upper Deer Lake · 3 sold →Burnaby Hospital · 2 sold →East Burnaby · 2 sold →Vancouver Heights · 4 sold →Central BN · 3 sold →Burnaby Lake · 1 sold →Capitol Hill BN · 3 sold →The Crest · 2 sold →Westridge BN · 2 sold →Oaklands · 1 sold →Willingdon Heights · 3 sold →Forest Glen BS · 5 sold →South Slope · 7 sold →Government Road · 3 sold →Sperling-Duthie · 2 sold →Forest Hills BN · 2 sold →Central Park BS · 3 sold →Highgate · 6 sold →Montecito · 1 sold →Edmonds BE · 4 sold →Metrotown · 17 sold →Brentwood Park · 26 sold →Simon Fraser Univer. · 3 sold →Sullivan Heights · 5 sold →Cariboo · 3 sold →

How does this period compare?

Metric	Oct · Last 30 days	Sep	Oct (LY)
Homes Sold	67-69.0%	216	233
Avg Sold Price	$892K-18.5%	$1.1M	$1.02M
Avg Days on Market	35d-25.5%	47d	40d

By Property Type

All property types

Property Type

Type	Sold (30d)	Avg Sold	Avg DOM	Active	Market
Apartment	65	$607,592	40d	1,090	Buyer's Market
Duplex	7	$1,567,929	25d	140	Buyer's Market
Fourplex	0	N/A	0d	7	Buyer's Market
House	21	$1,818,381	40d	449	Buyer's Market
Other	0	N/A	0d	10	Buyer's Market
Townhouse	21	$882,024	29d	221	Buyer's Market

Recently Sold

Oct 17 · Upper Deer Lake

601 4720 LOUGHEED HIGHWAY

Oct 14 · Brentwood Park

506 6659 SOUTHOAKS CRESCENT

Oct 12 · Brentwood Park

1204 3888 EVERGREEN PLACE

Oct 12 · Sullivan Heights

1603 5833 WILSON AVENUE

Oct 12 · Central Park BS

310 4352 HASTINGS STREET

Oct 12 · Willingdon Heights

1003 6837 STATION HILL DRIVE

Oct 11 · South Slope

2 bd2 ba843 ft²

Neighbourhood Breakdown

Click headers to sort · Click neighbourhood to drill down

Neighbourhood ⇅	Sold (30d) ⇅	Avg Sold ⇅	Avg DOM ⇅	Absorption ↑	Market	Homes
Forest Hills BN Guide ↗	2	$875,500	11d	3.0 moSeller's	Seller's	Browse →
Cariboo Guide ↗	3	$471,067	66d	7.7 moBuyer's	Balanced	Browse →
Oaklands Guide ↗	1	$1,275,000	14d	8.0 moBuyer's	Balanced	Browse →
Upper Deer Lake Guide ↗	3	$1,936,667	41d	8.7 moBuyer's	Buyer's	Browse →
Burnaby Hospital Guide ↗	2	$1,905,000	7d	9.5 moBuyer's	Buyer's	Browse →
Vancouver Heights Guide ↗	4	$1,624,500	29d	9.8 moBuyer's	Buyer's	Browse →
Parkcrest Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Deer Lake Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Simon Fraser Hills Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Garden Village Guide ↗	0	Contact	0d	9.9 moBuyer's	Buyer's	Browse →
Big Bend 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 →
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 →
Westridge BN Guide ↗	2	$1,291,500	33d	10.0 moBuyer's	Buyer's	Browse →
Buckingham Heights Guide ↗	1	$2,540,000	7d	10.0 moBuyer's	Buyer's	Browse →
Willingdon Heights Guide ↗	3	$1,144,333	45d	10.3 moBuyer's	Buyer's	Browse →
Central Park BS Guide ↗	3	$844,000	31d	11.0 moBuyer's	Buyer's	Browse →
South Slope Guide ↗	7	$986,214	22d	12.0 moBuyer's	Buyer's	Browse →
The Crest Guide ↗	2	$1,302,500	20d	12.5 moBuyer's	Buyer's	Browse →
Sullivan Heights Guide ↗	5	$604,200	41d	13.0 moBuyer's	Buyer's	Browse →
Central BN Guide ↗	3	$1,604,500	12d	13.0 moBuyer's	Buyer's	Browse →
Highgate Guide ↗	6	$745,167	46d	14.0 moBuyer's	Buyer's	Browse →
Brentwood Park Guide ↗	26	$671,204	32d	14.1 moBuyer's	Buyer's	Browse →
Government Road Guide ↗	3	$937,333	60d	17.0 moBuyer's	Buyer's	Browse →
Forest Glen BS Guide ↗	5	$1,046,600	19d	20.0 moBuyer's	Buyer's	Browse →
Capitol Hill BN Guide ↗	3	$1,332,633	108d	20.0 moBuyer's	Buyer's	Browse →
Metrotown Guide ↗	17	$692,829	43d	21.9 moBuyer's	Buyer's	Browse →
Sperling-Duthie Guide ↗	2	$930,500	35d	23.0 moBuyer's	Buyer's	Browse →
East Burnaby Guide ↗	2	$1,715,000	79d	23.5 moBuyer's	Buyer's	Browse →
Edmonds BE Guide ↗	4	$725,750	18d	25.8 moBuyer's	Buyer's	Browse →
Burnaby Lake Guide ↗	1	$1,550,000	17d	29.0 moBuyer's	Buyer's	Browse →
Simon Fraser Univer.Guide ↗	3	$657,333	82d	33.0 moBuyer's	Buyer's	Browse →
Montecito Guide ↗	1	$730,000	4d	36.0 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 $1,373,563 in Burnaby. 1990s homes sell the fastest — avg 26 days on market. Prices fell 38% from Pre-1980 to 2020+.

Avg Sold PriceAvg Days on Market

16 sold9 sold11 sold19 sold18 sold41 sold

By Bathroom Count

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

1 bath28 sold

34d$502,775

2 baths53 sold

37d$811,279

3 baths19 sold

46d$1,303,632

4 baths8 sold

31d$1,613,125

5 baths3 sold

18d$2,076,000

6 baths1 sold

93d$2,500,000

7 baths2 sold

30d$1,850,000

Storey Count

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

1 Storey2 sold

13d$1,845,000

2 Storey18 sold

42d$1,813,667

3 Storey1 sold

54d$1,850,000

Lot Size

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

Insight: Homes on larger lots (8,000+ sqft) command a 9% price premium vs. the smallest lots — averaging $1,875,833 vs. $1,719,667.

4,000-6,000 sqft6 sold

60d$1,719,667

6,000-8,000 sqft9 sold

41d$1,845,889

8,000+ sqft6 sold

18d$1,875,833

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 1917 active listings and 114 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 5.9%, 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 37 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 25 days on market. Duplex listings also represent some of the strongest demand, with 7 sales in the last 30 days.

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

Detached houses in Burnaby average $1,818,381. Townhouses average $882,024. Condos average $607,592. 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, houses have shown the strongest year-over-year price movement in Burnaby at -11.2% 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?+

114 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 16.8 months reflects a buyer's market.