Burnaby Market Report – August 2026

Burnaby is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Burnaby based on MLS® data.

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216
Units Sold
$1,013,518
Avg Sold Price
53d
Avg Days on Market
Buyer's Market
Market Condition
1,840 active at start of month 561 new listings Absorption rate: 11.7% Highest sold: $4,825,000 Lowest sold: $240,000

How Does August 2026 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2026 (this report) 216 $1,013,518 53d
July 2026 month prior 272 -20.6% $994,766 +1.9% 40d +32.5%
August 2025 year ago 250 -13.6% $1,009,463 +0.4% —

3-Year Price Trend — Burnaby

The Burnaby real estate market was a Buyer's Market in August 2026, with 1,840 active listings at the start of the month, 216 properties sold, an average sold price of $1,013,518, properties averaging 53 days on market, an absorption rate of 11.7%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Burnaby specialist
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Frequently Asked Questions — Burnaby August 2026

In August 2026, the Burnaby real estate market is classified as a Buyer's Market with an absorption rate of 11.7%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 11/10/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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