November 2024 Market Report — Burnaby
The Burnaby real estate market recorded 279 homes sold in November 2024 at an average sold price of $1,149,103. This report covers sales volume, average sold price, days on market, and overall market conditions to help buyers and sellers understand November 2024 trends.
Burnaby showed buyer-friendly conditions in November 2024 — there was more supply than usual, giving buyers extra time and negotiating leverage. The average sold price came in at $1,149,103, up 9% from the prior month — a sign that demand is holding firm. At 38 average days on market, sellers need realistic pricing — buyers have the time to compare options and push back on overpriced homes.
November 2024 Snapshot
12-Month Trend
Oct – Oct · MLS® sales data
Saeed Farahani is a full-time Burnaby real estate agent with RE/MAX Crest who has been helping buyers and sellers across Burnaby and Greater Vancouver since 1999.
By Property Type (Current Period)
| Type | Sold (30d) | Avg Sold Price | Avg DOM | Active | Market |
|---|---|---|---|---|---|
| Apartment | 65 | $607,592 | 40d | 1,089 | Buyer's Market |
| Duplex | 7 | $1,567,929 | 25d | 140 | Buyer's Market |
| Fourplex | 0 | Contact | 0d | 7 | Buyer's Market |
| House | 21 | $1,818,381 | 40d | 448 | Buyer's Market |
| Other | 0 | Contact | 0d | 10 | Buyer's Market |
| Townhouse | 21 | $882,024 | 29d | 221 | Buyer's Market |
24-Month Trend
| Month | Sold | Avg Price | Avg DOM | Avg $/sqft |
|---|---|---|---|---|
| Oct | 67 | $892,176 | 35d | $356,205 |
| Sep | 216 | $1,095,094 | 47d | $457,219 |
| Aug | 217 | $1,015,575 | 53d | $406,729 |
| Jul | 272 | $994,766 | 40d | $410,655 |
| Jun | 274 | $975,584 | 42d | $409,503 |
| May | 249 | $1,053,781 | 40d | $397,724 |
| Apr | 262 | $1,018,081 | 39d | $409,574 |
| Mar | 250 | $1,013,003 | 41d | $449,706 |
| Feb | 208 | $1,018,163 | 41d | $429,908 |
| Jan | 174 | $981,846 | 50d | $381,419 |
| Dec | 162 | $1,045,317 | 52d | $417,372 |
| Nov | 229 | $1,095,381 | 45d | $404,863 |
| Oct | 233 | $1,016,205 | 40d | $428,165 |
| Sep | 280 | $1,064,066 | 44d | $426,132 |
| Aug | 251 | $1,014,007 | 42d | $360,179 |
| Jul | 325 | $938,055 | 35d | $348,773 |
| Jun | 265 | $1,074,456 | 34d | $422,420 |
| May | 278 | $993,717 | 33d | $410,627 |
| Apr | 254 | $1,008,434 | 37d | $379,847 |
| Mar | 244 | $1,098,361 | 30d | $441,314 |
| Feb | 202 | $1,016,919 | 34d | $397,163 |
| Jan | 217 | $1,081,778 | 47d | $456,567 |
| Dec | 196 | $1,025,150 | 43d | $356,539 |
| Nov | 279 | $1,149,103 | 38d | $454,977 |
View by Property Type
Drill into November 2024 market data for a specific property type — each page includes type-filtered stats, trend data, and FAQs.
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