Central BN, Burnaby House Market Report – January 2021

Burnaby Hospital area is a central Burnaby residential neighbourhood surrounding the Burnaby Hospital campus on Kaslo Street, featuring a mix of detached single-family homes, duplexes, and low-rise condos that benefit from strong transit access and central location. The neighbourhood is close to the Production Way SkyTrain station and the major commercial areas of Lake City Way and Lougheed Highway. Several parks and the Still Creek green corridor provide neighbourhood green space. The area attracts healthcare workers, families, and investors who value central Burnaby's accessibility to both the SkyTrain Millennium Line and the Lougheed commercial district. Central Burnaby real estate consistently offers better value per square foot than comparable Vancouver neighbourhoods.

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3
Units Sold
$1,747,349
Avg Sold Price
48d
Avg Days on Market
Seller's Market
Market Condition
13 active at start of month 4 new listings Absorption rate: 23.1% Highest sold: $2,379,047 Lowest sold: $1,390,000

How Does January 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
January 2021 (this report) 3 $1,747,349 48d
December 2020 month prior 1 +200% $1,350,000 +29.4% 345d -86.1%

3-Year Price Trend — Central BN, Burnaby House

The Central BN, Burnaby house real estate market was a Seller's Market in January 2021, with 13 active listings at the start of the month, 3 properties sold, an average sold price of $1,747,349, properties averaging 48 days on market, an absorption rate of 23.1%. 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 Central BN, Burnaby specialist
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Frequently Asked Questions — Central BN, Burnaby January 2021

In January 2021, the Central BN, Burnaby house real estate market is classified as a Seller's Market with an absorption rate of 23.1%. It is currently a seller's market in Central BN, Burnaby. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   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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