Brentwood Park, Burnaby Market Report – February 2022

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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102
Units Sold
$895,079
Avg Sold Price
12d
Avg Days on Market
Balanced Market
Market Condition
851 active at start of month 134 new listings Absorption rate: 12% Highest sold: $3,000,000 Lowest sold: $530,000

How Does February 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2022 (this report) 102 $895,079 12d
January 2022 month prior 76 +34.2% $863,780 +3.6% 20d -40%
February 2021 year ago 77 +32.5% $787,804 +13.6%

3-Year Price Trend — Brentwood Park, Burnaby

The Brentwood Park, Burnaby real estate market was a Balanced Market in February 2022, with 851 active listings at the start of the month, 102 properties sold, an average sold price of $895,079, properties averaging 12 days on market, an absorption rate of 12%. 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 February 2022

In February 2022, the Brentwood Park, Burnaby real estate market is classified as a Balanced Market with an absorption rate of 12%. The market in Brentwood Park, Burnaby is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/04/2026   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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