Market Report › February 2026
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February 2026 Market Report — Burnaby

The Burnaby real estate market recorded 208 homes sold in February 2026 at an average sold price of $1,018,163. This report covers sales volume, average sold price, days on market, and overall market conditions to help buyers and sellers understand February 2026 trends.

BalancedBurnaby is currently a buyer's market. 5.5% sales-to-active listings ratio — homes selling in an average of 43 days, at an average sold price of $992,726 — well-priced properties are attracting strong demand.
208
Homes Sold
$1.02M
Avg Sold Price
41d
Avg Days on Market
$429,908
Avg $/sqft
Saeed Farahani
Saeed's Market Take

Burnaby showed buyer-friendly conditions in February 2026 — there was more supply than usual, giving buyers extra time and negotiating leverage. The average sold price came in at $1,018,163, up 4% from the prior month — a sign that demand is holding firm. At 41 average days on market, sellers need realistic pricing — buyers have the time to compare options and push back on overpriced homes.

— Saeed Farahani, Re/Max Crest Realty

February 2026 Snapshot

Homes Sold208
Avg Sold Price$1,018,163
Avg Days on Market41 days
Avg Price per ft²$429,908

12-Month Trend

Nov – Nov · MLS® sales data

Avg Sold Price
Homes Sold
Avg Days on Market
Avg $/sqft
Avg Price by Property Type
Sales Mix by Type (30d)
Saeed Farahani
Saeed Farahani
Re/Max Crest Realty

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)

Burnaby real estate sales by property type — February 2026. Includes homes sold, average sold price, days on market, active listings, and market type.
TypeSold (30d)Avg Sold PriceAvg DOMActiveMarket
Apartment66$654,42045d1,092Buyer's Market
Duplex8$1,739,75026d127Buyer's Market
Fourplex0Contact0d10Buyer's Market
House18$1,935,39147d432Buyer's Market
Other0Contact0d13Buyer's Market
Townhouse13$945,34641d218Buyer's Market

24-Month Trend

Burnaby 24-month real estate market trend — homes sold, average sold price, days on market, and price per square foot. Data through February 2026.
MonthSoldAvg PriceAvg DOMAvg $/sqft
Nov3$531,83310d$623
Oct191$971,84442d$400,256
Sep227$1,100,68246d$458,838
Aug217$1,015,57553d$406,729
Jul272$994,76640d$410,655
Jun273$971,19042d$409,011
May249$1,053,78140d$397,724
Apr262$1,018,08139d$409,574
Mar250$1,013,00341d$449,706
Feb208$1,018,16341d$429,908
Jan174$981,84650d$381,419
Dec162$1,045,31752d$417,372
Nov229$1,095,38145d$404,863
Oct233$1,016,20540d$428,165
Sep280$1,064,06644d$426,132
Aug250$1,009,46342d$353,020
Jul325$938,05535d$348,773
Jun265$1,074,45634d$422,420
May278$993,71733d$410,627
Apr254$1,008,43437d$379,847
Mar244$1,098,36130d$441,314
Feb202$1,016,91934d$397,163
Jan217$1,081,77847d$456,567
Dec196$1,025,15043d$356,539

View by Property Type

Drill into February 2026 market data for a specific property type — each page includes type-filtered stats, trend data, and FAQs.

More Reports

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February 2026 — Frequently Asked

How did the Burnaby real estate market perform in February 2026?+
In February 2026, 208 homes sold in Burnaby at an average price of $1,018,163, with properties spending an average of 41 days on the market at $429,908 per square foot. Conditions were roughly balanced between buyers and sellers.
What does the absorption rate mean for Burnaby in February 2026?+
Burnaby has a sales-to-active listings ratio (SALR) of 5.5%, sitting in balanced market territory (12–20%). Neither buyers nor sellers hold a strong advantage — homes are selling at a measured pace and sale prices tend to land close to the asking price.
What does the February 2026 market mean for buyers in Burnaby?+
February 2026 presented Burnaby buyers with a balanced environment — enough selection to find the right home without the pressure of a full seller's market. Financing approvals and thoughtful offers at or near list price remained effective strategies for securing a home.
What does the February 2026 market mean for sellers in Burnaby?+
February 2026 offered Burnaby sellers a stable window — demand was steady and well-priced homes sold in a reasonable timeframe. Setting a realistic asking price based on recent comparable sales and presenting the home well remained the most effective approach.
How did February 2026 compare to January 2026 in Burnaby?+
Compared to January 2026, sales volume in Burnaby was up 20% (174 vs 208 homes sold) and the average sold price was up 4% to $1,018,163. Days on market decreased from 50 to 41 days.
“

Randy tracked the market data so closely that we felt completely confident in our offer price. He knew South Surrey inside out — the right neighbourhoods, the right buildings, the right timing. Highly recommend.

— Sarah M., South Surrey buyer
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