Burnaby Real Estate
Burnaby: A Closer Look
Demographics
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Burnaby Living: Is It for Me?
Area overview
Burnaby is just east of Vancouver and strikes a perfect balance between city life and a calmer, greener lifestyle. For many exploring Burnaby real estate, the appeal is clear – stunning views, easy commutes, and space to breathe. With mountains, parks, and lakes nearby, it’s a city where nature is always close.
One of Burnaby’s highlights is Burnaby Mountain, a favourite spot for hiking and sunset views. The city is also home to countless parks and trails, plus Metropolis at Metrotown – BC’s biggest shopping mall – for everything from fashion to food courts. Local restaurants offer a broad mix of flavours, from global cuisine to cozy cafés.
Getting around is easy. The SkyTrain has several stops in Burnaby, connecting you to downtown Vancouver in just 20–30 minutes. Buses are frequent, and major roads make driving easy as well.
Burnaby has all the essentials – good schools, libraries, rec centres, and sports fields. It’s diverse, family-friendly, and offers a wide range of housing options. From quiet streets with backyards to modern condos in vibrant areas, Burnaby accommodates a diverse range of lifestyles and budgets.
Move to Burnaby for its perfect mix of urban convenience, natural beauty, top-notch amenities, and quick access to Vancouver.
Burnaby is one of only six Canadian cities where over 25 % of its land is dedicated to parks and green spaces - giving it one of the highest urban-nature ratios in North America.
Burnaby's HPI Benchmark Prices
March 2026 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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Local Favourites: Where Homes Are Selling Fast
Burnaby’s Top 3 Neighbourhoods by Property Type
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.
Curious where homes are flying off the market? See which neighbourhoods buyers love, how prices have changed over the last year, and what your place might sell for today.
March 2026 - Burnaby's hottest single-family home markets
| Rank | Neighbourhood | Sales-to-Active | Sales | Listings | Benchmark Price | 1-Year Change |
|---|---|---|---|---|---|---|
| 1 | 22% | 4 | 18 | $1,938,400 | 1.3% | |
| 2 | 18% | 2 | 11 | $2,419,200 | -12.4% | |
| 3 | 17% | 3 | 18 | $2,034,500 | -9.4% |
March 2026 - Burnaby's hottest townhouse markets
| Rank | Neighbourhood | Sales-to-Active | Sales | Listings | Benchmark Price | 1-Year Change |
|---|---|---|---|---|---|---|
| 1 | 400% | 4 | 1 | $925,100 | -3.7% | |
| 2 | 200% | 2 | 1 | $951,300 | -4.4% | |
| 3 | 67% | 2 | 3 | $1,080,600 | -3.7% | |
| 4 | 50% | 1 | 2 | $946,400 | -4.8% | |
| 5 | 43% | 3 | 7 | $1,126,600 | -3.9% |
March 2026 - Burnaby's hottest condo markets
| Rank | Neighbourhood | Sale-to-Active | Sales | Listings | Benchmark Price | 1-Year Change |
|---|---|---|---|---|---|---|
| 1 | 50% | 2 | 4 | $658,500 | 1.9% | |
| 2 | 39% | 9 | 23 | $583,700 | -5% | |
| 3 | 33% | 3 | 9 | $793,500 | 0.4% |
Burnaby's Avg. Sale Prices vs. Days on Market
3-year Retrospective
The data shows how quickly homes are sold and how prices have changed over the last three years.
Burnaby's Avg. Sale Prices
Burnaby's Avg. Days on the Market
Buyer's Market
Balanced Market
Buyer's Market
Seller's Market
Seller's Market
Buyer's Market
Balanced Market
Balanced 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.
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Burnaby, BC MLS data. Last update: May 21, 2026
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Burnaby
Frequently asked questions
We speak English, not Legalese. If something sounds confusing, we’ll break it down so it actually makes sense. Every real estate question deserves a straight answer, so hit Ask Anything and we’ll give you clear guidance without the lawyer dictionary.
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.
It’s a way to measure how busy the real estate market is. Think of it like this: for every 10 homes listed, how many sell? If 2 out of 10 homes sell, the sales-to-active ratio is 20%.
This number helps show whether it’s a buyer’s market, a seller’s market, or somewhere in between. A high ratio (like 40% or more) usually means homes are selling quickly, and prices might go up. A low ratio (under 12%) means homes are sitting on the market longer, and buyers may have more power to negotiate.
In short, this little number gives you a big clue about how hot (or not) the market is.
Sales-to-Active Listing Ratio Market Guide
Sellers Market 21% & Greater | Balanced Market 12 to 20% | Buyers Market up to 11%