Market Report › May 2026
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May 2026 Market Report — Burnaby

The Burnaby real estate market recorded 249 homes sold in May 2026 at an average sold price of $1,053,781. This report covers sales volume, average sold price, days on market, and overall market conditions to help buyers and sellers understand May 2026 trends.

BalancedBurnaby is currently a buyer's market. 6.0% sales-to-active listings ratio — homes selling in an average of 37 days, at an average sold price of $940,154 — well-priced properties are attracting strong demand.
249
Homes Sold
$1.05M
Avg Sold Price
40d
Avg Days on Market
$397,724
Avg $/sqft
Saeed Farahani
Saeed's Market Take

Burnaby showed buyer-friendly conditions in May 2026 — there was more supply than usual, giving buyers extra time and negotiating leverage. The average sold price came in at $1,053,781, up 4% from the prior month — a sign that demand is holding firm. At 40 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

May 2026 Snapshot

Homes Sold249
Avg Sold Price$1,053,781
Avg Days on Market40 days
Avg Price per ft²$397,724

12-Month Trend

Oct – Oct · 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 — May 2026. Includes homes sold, average sold price, days on market, active listings, and market type.
TypeSold (30d)Avg Sold PriceAvg DOMActiveMarket
Apartment65$607,59240d1,089Buyer's Market
Duplex7$1,567,92925d140Buyer's Market
Fourplex0Contact0d7Buyer's Market
House21$1,818,38140d448Buyer's Market
Other0Contact0d10Buyer's Market
Townhouse21$882,02429d221Buyer'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 May 2026.
MonthSoldAvg PriceAvg DOMAvg $/sqft
Oct67$892,17635d$356,205
Sep216$1,095,09447d$457,219
Aug217$1,015,57553d$406,729
Jul272$994,76640d$410,655
Jun274$975,58442d$409,503
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
Aug251$1,014,00742d$360,179
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
Nov279$1,149,10338d$454,977

View by Property Type

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

More Reports

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May 2026 — Frequently Asked

How did the Burnaby real estate market perform in May 2026?+
In May 2026, 249 homes sold in Burnaby at an average price of $1,053,781, with properties spending an average of 40 days on the market at $397,724 per square foot. Conditions were roughly balanced between buyers and sellers.
What does the absorption rate mean for Burnaby in May 2026?+
Burnaby has a sales-to-active listings ratio (SALR) of 6.0%, 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 May 2026 market mean for buyers in Burnaby?+
May 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 May 2026 market mean for sellers in Burnaby?+
May 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 May 2026 compare to April 2026 in Burnaby?+
Compared to April 2026, sales volume in Burnaby was down 5% (262 vs 249 homes sold) and the average sold price was up 4% to $1,053,781. Days on market increased from 39 to 40 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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