Burnaby
Burnaby: A Closer Look
Demographics
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Burnaby Living: Is It for Me?
Area overview
Burnaby sits just east of Vancouver, giving you the best of both worlds – urban living with a more relaxed vibe. It’s got tons of parks and green spaces, including the beautiful Burnaby Mountain with amazing views. You’ll find great shopping at Metropolis at Metrotown (BC’s biggest mall) and lots of tasty restaurants scattered around town.
Getting around is a breeze in Burnaby. The SkyTrain runs right through it, with several stations connecting you to Vancouver and beyond. Buses are plentiful too. If you’re commuting to downtown Vancouver, it usually takes about 20-30 minutes by SkyTrain or 30-45 minutes by car, depending on traffic and where in Burnaby you start.
Burnaby’s got everything you need – good schools, libraries, community centers, and sports facilities. It’s a diverse, family-friendly place with a mix of quiet neighbourhoods and bustling urban areas. Whether you’re after a house with a yard or a sleek condo, Burnaby’s got options to fit different lifestyles and budgets.
Move to Burnaby for its perfect mix of urban convenience, natural beauty, top-notch amenities, and quick access to Vancouver.
Avg. Prices as of May 2025
Condo $740830 | Townhouse: $966866 | House $2336049
Burnaby's HPI Benchmark Prices
May 2025 Typical Housing Prices
The MLS® HPI Benchmark Price reflects the estimated sale price of a typical or “benchmark” home in a specific neighbourhood. It’s a valuable tool for tracking market trends and comparing property values.
👉 Click the link to learn more.
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May 2025 Insider's Picks
Burnaby’s Top 5 Neighbourhoods
Find out where homes sell fastest in Burnaby. See how often buyers bid over the asking price and compare average selling prices across neighbourhoods.
| Rank | Subarea | % Sold Above List | % Sold Under 10 Days | $ Avg. Sale Price |
|---|---|---|---|---|
| 4 | Simon Fraser Hills | 20 | 80 | 743000 |
| 1 | Parkcrest | 0 | 100 | 2100000 |
| 5 | Burnaby Lake | 25 | 75 | 1700000 |
| 2 | Oaklands | 0 | 100 | 1300000 |
| 3 | Garden Village | 2 | 100 | 2500000 |
3-year Retrospective
Burnaby's Avg. Sale Prices vs. Days on Market
The data shows how quickly homes are sold and how prices have changed over the last three years.
Balanced Market
Seller's Market
Seller's Market
Seller's Market
Seller's Market
Balanced Market
Seller's Market
The Sales-to-Active Listings Ratio is a key metric that gauges supply and demand by comparing the number of homes sold in a month to the total number of active listings.
👉 Click the link to explore this indicator in more detail.
The MLS® HPI Benchmark Price reflects the estimated sale price of a typical or “benchmark” home in a specific neighbourhood. It’s a valuable tool for tracking market trends and comparing property values.
👉 Click the link to learn more.
Burnaby real estate listings
- Check out the newest MLS® listings (last 7 days)
- Access recently sold MLS® listings (last 90 days)
- View property price history & days on the market
- Follow local market trends & insights
Listings current as of May 19, 2025
Burnaby Real Estate Market
If you can’t find the answer you need, don’t worry – ask us! We’re here and happy to help you out!
What is MLS® HPI benchmark price?
The MLS® HPI Benchmark Prices represent the expected sales price for a typical or “Benchmark” home in a given neighbourhood.
The MLS® HPI considers what averages and medians do not: lot size, age, number of rooms, etc. The most commonly traded set of these attributes describes the composite of the typical or benchmark property type in a given area. Prices paid for homes with these attributes determine benchmark home prices.
What does sales to active listings ratio mean?
The sales-to-active listings ratio measures supply and demand by comparing the total supply of homes for sale to sales during the month.
Sales Ratio % Market Guide
Sellers Market 21% & Greater | Balanced Market 12 to 20% | Buyers Market up to 11%
(11% means 1.1 in 10 homes selling rate, 33% means 1 in 3 homes selling rate, etc).