Burnaby Condo Market Reports Archive

Q: Is Burnaby a buyer's or seller's market?

As of May 2026, Burnaby is a buyer's market — there is more supply than demand, giving buyers more choice and negotiating room. The absorption rate is 0.6%.

Q: What types of homes sell in Burnaby?

Condos are the property type tracked in this archive for Burnaby. Use the type tabs above the archive to filter reports by condos, houses, or townhouses and compare price trends for each property type.

Q: How long do homes take to sell in Burnaby?

In May 2026, condo properties in Burnaby averaged 28 days on the market before selling. Click any month in the archive above for the full breakdown.

Q: What is the sales-to-active (absorption) rate in Burnaby?

The absorption rate in Burnaby was 0.6% in May 2026, with 79 properties sold. An absorption rate above 20% typically indicates a seller's market; below 12% suggests a buyer's market.

Burnaby Condo Market Reports

Monthly condo market data for Burnaby — going back to May 2020. Click any month for the full report.

Buyer's Market Latest month (May 2026): 79 sold $725,769 avg price 28d avg DOM

Burnaby is an active condo market in British Columbia's Lower Mainland. Browse monthly reports below to track sold prices, days on market, and market conditions for Burnaby based on MLS® data.

Frequently Asked Questions — Burnaby Real Estate

What is the average home price in Burnaby? −

Based on the most recent data (May 2026), the average condo sold price in Burnaby was $725,769. Use the monthly archive above to track how prices have changed over time.

Is Burnaby a buyer's or seller's market? +

What types of homes sell in Burnaby? +

How long do homes take to sell in Burnaby? +

What is the sales-to-active (absorption) rate in Burnaby? +