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British Columbia
Greater Vancouver
BurnabyHousing market
Burnaby
Burnaby

Burnaby Housing Market Report

All types - for the month of March

Buyer's market Seller's market

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

-

New

-

Relisted

-

Compared to number of active, same period, in 2024: -, in 2023: -, in 2022: -

Total Sold Listings*

-

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

Compared to number of sold, same period, in 2024: -, in 2023: -, in 2022: -

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Burnaby - All types

Sold vs Active vs New vs Relisted - Burnaby - All types

Sold Price Distribution - Burnaby - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Burnaby - All types

Property type distribution based on data from the last 3 months.

Median Price - Burnaby - All types

Just listed - Burnaby

View all
Home with vinyl exterior material, street for 5137 LORRAINE AVENUE, Burnaby British Columbia V5G2S3
6 hours on market
$1,998,000
5137 LORRAINE AVENUE , Burnaby
Detached542340 sq ft
Listed by Sincere Real Estate Services
Unknown for 2408 - 2351 BETA AVENUE, Burnaby British Columbia V5C0M2
14 hours on market
$749,000
2408 - 2351 BETA AVENUE , Burnaby
Condo22754 sq ft
Listed by Real Broker
Home with vinyl exterior material, street for 5133 UNION STREET, Burnaby British Columbia V5B1W1
3 days on market
$2,280,000
5133 UNION STREET , Burnaby
Detached622352 sq ft
Listed by Magsen Realty Inc.

Population and Demographics

Overview

Total population 247638
Average household income $122,675

Age (%)

20 to 34
25%
35 to 49
21%
50 to 64
20%
65 and plus
18%
0 to 19
17%

Household composition (%)

Single family
60%
Single person
32%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
47%
Mandarin
15%
Yue (Cantonese)
14%
Others
4%
Korean
3%
Tagalog (Pilipino, Filipino)
3%
Spanish
3%
Punjabi (Panjabi)
2%
Italian
1%
Iranian Persian
1%
Vietnamese
1%

House tenancy (%)

Owners
60%
Renters
40%

Top 5 Schools in Burnaby

Holy Cross Elementary School1450 Delta Ave, V5B 3G2, Burnaby, BC
10/10
Private•K-7
Our Lady of Mercy7481 10th Ave, V3N 2S1, Burnaby, BC
10/10
Private•K-7
St Michaels9387 Holmes St, V3N 4C3, Burnaby, BC
10/10
Private•K-7
St Helen's3894 Triumph St, V5C 1Y7, Burnaby, BC
9.4/10
Private•K-7
St Francis de Sales6656 Balmoral St, V5E 1J1, Burnaby, BC
9.3/10
Private•K-7