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Burnaby

Why you'd want to live in Burnaby

Burnaby is a city in British Columbia, Canada. Located in the centre of Metro Vancouver, it’s the third-largest city in the province with over 249,000 residents. Burnaby is known for its beautiful surrounding natural environments and diverse culture—making it a sought-after place to live, work and play. The municipality of Burnaby received its charter of incorporation on September 22, 1892. Burnaby, which has always been home to the Coast Salish peoples. The earliest known human occupation of the Lower Fraser Valley dates to approximately 10,000 years ago, shortly after the retreat of the last glaciers. However, the present configuration of the Fraser River and the height of sea levels didn't stabilize until at least 5,000 years ago, creating the unique landforms and lush native vegetation of Burnaby. The ancestors of several local Coast Salish Nations peoples utilized many locations around Burnaby as seasonal food gathering and campsites throughout the year and as sites for family gatherings and cultural or spiritual activities. via burnaby.ca

Burnaby Market Report

$1,296,355

AVERAGE PRICE OF 1,551 HOMES

$2,052,475

AVERAGE PRICE OF 651 MULTI-MILLION DOLLAR HOMES

$1,252,595

AVERAGE PRICE OF 409 NEWLY BUILT HOMES

$1,036,851

AVERAGE PRICE OF 174 HOMES WITH A POOL

$1,008,225

AVERAGE PRICE OF 56 REDUCED PRICE HOMES

Average Home

Average Price $1,296,355
Avg Bedrooms 2.68 beds
Avg Bathrooms 2.32 baths

Average Price by Bedrooms

1 bedroom $673,660
2 bedrooms $931,280
3 bedrooms $1,353,778
4 bedrooms $2,161,222
5 bedrooms $2,515,936
Burnaby Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 1,399 1,206 993 863 819
Average Price $1,302,948 $1,298,270 $1,308,521 $1,325,167 $1,317,043
Avg Price Change +0.36% -0.79% -1.27% +0.62% +1.77%
Median Price $930,988 $931,479 $936,766 $958,971 $967,991
Med Price Change -0.05% -0.57% -2.37% -0.94% +0.73%
Avg Bedrooms 2.67 beds 2.66 beds 2.69 beds 2.74 beds 2.73 beds
Avg Bathrooms 2.33 baths 2.33 baths 2.36 baths 2.39 baths 2.38 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,551 $1,296,355 55 days
Multi-Million Dollar Homes 651 $2,052,475 61 days
Newly Built Homes 409 $1,252,595 57 days
Homes with a Pool 174 $1,036,851 41 days
Reduced Price Homes 56 $1,008,225 44 days
The Wallington Group | Orca Realty
Dustin Wallington
2309 W 41st Ave #302, Vancouver, BC V6M 2A3
Vancouver, BC
604-341-0488

MIMLS

The data relating to real estate on this website comes in part from the mls reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the mls reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver.

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