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Market Overview
The current real estate landscape in Burnaby offers strong opportunities for buyers searching properties for sale. With 1,678 active listings, the market provides a meaningful selection across different layouts, styles, and budgets—helpful for both first-time buyers and experienced movers looking to compare options. The average listing price sits at $1,292,530, offering a clear benchmark for understanding what today’s inventory looks like.
Timing is also an important factor. Properties are averaging 80 days on the market, which can signal how quickly well-priced homes are moving and how much leverage buyers may have during negotiations. The latest -7.5% helps frame market direction, whether values are trending upward, stabilizing, or adjusting. Together, these indicators create a practical snapshot of what to expect when exploring properties for sale in Burnaby—from overall competitiveness to the depth of choice available right now.
Browse Listings
Visitors can browse 1,678 available properties for sale in Burnaby and quickly compare what’s currently for sale. Inventory often spans a range of sizes, finishes, and settings—supporting different goals such as finding a low-maintenance home, prioritizing extra space, or targeting a particular lifestyle.
What makes this area appealing is the ability to balance day-to-day convenience with a strong sense of neighbourhood identity. Many buyers focus on how a property fits their routine—commute patterns, walkability, and the overall feel of the streets—while also weighing longer-term value and flexibility. Exploring active listings is the best way to understand what features are common in the area and which listings stand out for price, condition, and location.
Pricing Insights
Pricing for properties for sale in Burnaby is best understood through a mix of benchmarks and ranges. The average price is $1,292,530, which provides a useful reference point when comparing individual listings. For a more apples-to-apples view across different floorplans and styles, the average price per square foot is $895—a metric many buyers use to evaluate value relative to size, upgrades, and overall condition.
Because list price does not always reflect final sale outcomes, it’s helpful to look at both the property’s features and how it is positioned relative to similar listings. Buyers can narrow their search by budget and must-have criteria, then use price per square foot, days on market, and recent activity to identify which homes appear competitively priced. The breakdown below provides an at-a-glance view of pricing by bedroom type.
Average Prices by Bedroom
Bedrooms Avg. Price Listings 1 Bed $606,824 306 2 Beds $882,306 664 3 Beds $1,598,453 296 4 Beds $2,154,261 154 5+ Beds $2,338,206 250 Living in the Area
Life in Burnaby is often defined by a balance of comfort, convenience, and community atmosphere. The area’s overall character tends to appeal to people who want a neighbourhood that feels established and livable, with day-to-day essentials generally within reasonable reach. Depending on the specific pocket, residents may prioritize walkability, a quieter residential setting, or easy access to main routes that connect to surrounding parts of the region.
The community feel can be an important part of the draw. Many buyers look for places where the streetscape feels welcoming and where the neighbourhood supports a predictable routine—whether that means commuting, running errands, or spending time outdoors. A range of housing types can also make the area attractive to different households, from solo buyers and couples to growing families and downsizers seeking a simpler lifestyle.
From a real estate perspective, buyers often evaluate how well a property fits both present needs and future plans. Layout flexibility, storage, natural light, and overall maintenance expectations are frequent considerations, especially when comparing multiple listings. Exploring properties here is also about matching priorities—space versus location, turnkey finishes versus renovation potential, or short-term convenience versus long-term flexibility. Reviewing listings alongside neighbourhood impressions can help buyers confidently choose a home that aligns with lifestyle as well as budget.
Market Trends
To understand how the market is moving, it helps to compare key indicators over time and across listing segments. The table below highlights trend data for properties for sale in Burnaby.
Market Trends
Period Avg. Price Listings Avg. DOM Current $1,292,530 1,678 80 days Last 12 Months $1,073,611 3,245 32 days Last 90 Days $1,026,862 547 47 days Top Areas
Burnaby can include multiple pockets with their own feel, pricing patterns, and property mix. Reviewing top sub-areas is a practical way to focus the search and compare what’s available in each part of the community.
Top Areas
Area Avg. Price Listings Avg. DOM Metrotown $1,045,317 500 83 days Brentwood $1,020,266 357 83 days Edmonds $1,078,543 195 93 days Lougheed $868,602 79 72 days Highgate $1,493,407 70 62 days The Heights $1,554,565 67 61 days Sperling Duthie $2,416,456 59 97 days Burnaby Lake $2,899,554 59 84 days UniverCity $616,311 55 82 days Capitol Hill $1,849,643 49 76 days Frequently Asked Questions
What is the average price of properties for sale in Burnaby?
The average listing price for properties for sale in Burnaby is $1,292,530. This figure is a helpful starting point for budgeting, but individual listing prices can vary based on size, condition, layout, and where the property sits within the broader area.
How many properties for sale are currently available in Burnaby?
There are currently 1,678 active listings that match properties for sale in Burnaby. Inventory levels can influence negotiating conditions—more choice can provide flexibility, while fewer options may mean acting quickly when the right home appears.
How long do properties typically take to sell in Burnaby?
On average, listings are spending 80 days on the market in Burnaby. Days on market can vary by price point, property condition, and how accurately the home is priced compared to similar listings. Buyers often use this benchmark to gauge how quickly they may need to book showings and submit an offer. Buyers can narrow the search by identifying a comfortable monthly payment range, then comparing homes using key indicators such as $1,292,530, $895, and typical market speed (80 days) to understand which listings represent strong value.
Some good places to grab a bite are Deer Lake Wonton House, Viva Sue Pizza or Subway. Venture a little further for a meal at one of the neighbourhood's restaurants. If you love coffee, you're not too far from Tim Hortons located at 5059 Canada Way. Groceries can be found at Wild West Coast Seafoods which is a 6-minute walk and you'll find Champlain Chiropractic Health a 6-minute walk as well. For those days you just want to be indoors, look no further than Burnaby Village Museum and Burnaby Art Gallery to keep you occupied for hours. Love being outside? Look no further than Wilton Avenue Park Site and Lubbock's Wood Park, which are both only steps away.
Getting around the area is made simple. There is Eastbound Canada Way @ Rugby St Bus Stop, a short walk, with route New West Station/brentwood Station, route Holdom Station/edmonds Station, and more nearby.