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Burnaby Real Estate Market Trends

Housing Market Report for October 2026

Current Burnaby MLS® stats indicate an average house price of $1,019,300 and 668 new listings in August 2026. As of today, Burnaby housing data shows median days on market for a home is 33 days.

Burnaby Housing Prices

$1.02M

Avg sold price

+3.0%

Monthly change

+3.0%

+10.2%

Quarterly change

+10.2%

-1.0%

Yearly change

-1.0%

$1.91M

Average House Price

-7.7%

$938K

Average Townhouse Price

-1.1%

$690K

Average Condo Price

-2.5%

8.3

Total Months of Inventory

Average Sold Price

All Properties

Sales Volume by Property Type

DetachedTownhouseCondo

Sep 26: 48 detached, 48 townhouse, and 147 condo sales.

Pricing by Bedrooms

# BedsSep 263 mo ago6 mo ago1 year ago
2 Bd$1.48M+17%$1.00M$1.29M$1.27M
3 Bd$1.71M+3%$1.60M$1.50M$1.65M
4 Bd$1.80M+3%$1.68M$1.81M$1.75M
5+ Bd$2.07M-12%$2.05M$2.21M$2.35M
All$1.93M-7%$1.89M$1.97M$2.07M

Note: +/- change calculated year-over-year

Burnaby Housing Inventory

668

new listings

Sep 26

243

homes sold

Sep 26

33

median days on market

96%

selling to listing price ratio

Number of Sales and Inventory

SalesInventory

Median Days on Market

Days on Market

Burnaby Rankings out of 18 in Greater Vancouver

8th

Most Expensive

8th

Fastest Growing

15th

Fastest Selling

10th

Highest Turnover

If the average price is skewed, the median is a more accurate reflection of the market.

CityAverage PriceMedian Price
#1West Vancouver$3.0M$2.4M
#2Bowen Island$2.0M$2.0M
#3North Vancouver$1.5M$1.3M
#4Port Moody$1.3M$1.1M
#5White Rock$1.3M$1.1M
#6Vancouver$1.2M$880K
#7Delta$1.1M$1.1M
#8Burnaby$1.0M$798K
#9Coquitlam$989K$727K
#10Richmond$980K$800K
#11Surrey$969K$800K
#12Pitt Meadows$953K$742K
#13Maple Ridge$909K$903K
#14Port Coquitlam$906K$950K
#15Langley$883K$752K
#16Tsawwassen$806K$740K
#17Anmore$720K$720K
#18New Westminster$709K$623K

About this Report

See a current overview of the housing market with Strawhomes' Burnaby real estate market trends. If you're curious about your city's average house price, housing inventory, or how long it takes to sell a home, all this has now been broken down for you. Our home price data is always updated. This report goes over sales history between August 31 - September 29 and measures it against the same period last year. These real estate statistics are paired with rankings of all cities in the Greater Vancouver area based on home sold price, price growth, days on market, and turnover. This way, you get to see the Burnaby housing market on a larger scale, and how it contrasts with other cities in the metro area. All this data is intended to give you a thorough understanding of both the local Burnaby and the Greater Vancouver area, so that in the end, you'll be able to make a well-informed decision about where you'd like to live. In addition to our market analysis, consider referencing other MLS® stats, like the MLS® Home Price Index, to get a more rounded view of the market.

Prices are based on when an offer is accepted; sales counts are based on when the transaction completes.

Average and median sold prices reflect sales that went under contract (offer accepted) during the month, per MLS® data — this keeps price statistics as fresh as possible. Half Duplex records are excluded from price averages. Sales counts and the sales volume chart reflect transactions that completed in the month, which aligns with real estate board published counts. Contracts normally complete about 6-8 weeks after the offer is accepted. Days on market is the median number of days from listing to accepted offer for sales completing in the month. Inventory counts listings on market during the month, and months of inventory is inventory divided by completed sales.

Data is reported in calendar month periods.

Calendar month periods are used because they align with standard real estate board reporting. This ensures that each period covers the same complete month so that a like-for-like comparison can be made.

What does completed-month reporting mean?

Based on historical reporting, it can take up to four weeks or more for transactions to be reported. This means that some home transactions that occurred within this period have yet to be included in this report. Because of this, we only display statistics for fully completed calendar months.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.