Brentwood Park, Burnaby Market Report – August 2020

Brentwood Park is one of Burnaby's most transformed neighbourhoods, experiencing a dramatic high-rise development boom centred around the Brentwood Town Centre SkyTrain station on the Millennium Line. The area is home to The Amazing Brentwood, a massive mixed-use development reshaping the skyline with residential towers, retail, dining, and entertainment. Real estate in Brentwood Park consists predominantly of new and pre-sale high-rise condos attracting young professionals, investors, and transit-oriented buyers. The neighbourhood's Expo Line and Millennium Line connections provide rapid access to downtown Vancouver, SFU, BCIT, and the Tri-Cities. Brentwood Park also retains pockets of established single-family homes and townhouses on the periphery of the transit node, offering some entry-level ground-oriented options. With continued development momentum and strong rental demand, Brentwood Park is one of Burnaby's most active and compelling real estate markets.

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81
Units Sold
$744,739
Avg Sold Price
22d
Avg Days on Market
Strong Seller's Market
Market Condition
261 active at start of month 139 new listings Absorption rate: 31% Highest sold: $2,446,500 Lowest sold: $434,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 81 $744,739 22d
July 2020 month prior 43 +88.4% $793,269 -6.1% 27d -18.5%

3-Year Price Trend — Brentwood Park, Burnaby

The Brentwood Park, Burnaby real estate market was a Strong Seller's Market in August 2020, with 261 active listings at the start of the month, 81 properties sold, an average sold price of $744,739, properties averaging 22 days on market, an absorption rate of 31%. 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 Brentwood Park, Burnaby specialist
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Frequently Asked Questions — Brentwood Park, Burnaby August 2020

In August 2020, the Brentwood Park, Burnaby real estate market is classified as a Strong Seller's Market with an absorption rate of 31%. It is currently a strong seller's market in Brentwood Park, Burnaby, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/05/2026   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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