Burnaby Condo Market Report – February 2021

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

← January 2021 Next month →
279
Units Sold
$649,898
Avg Sold Price
38d
Avg Days on Market
Balanced Market
Market Condition
1,847 active at start of month 337 new listings Absorption rate: 15.1% Highest sold: $1,658,000 Lowest sold: $310,000

How Does February 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2021 (this report) 279 $649,898 38d
January 2021 month prior 258 +8.1% $628,325 +3.4% 42d -9.5%

3-Year Price Trend — Burnaby Condo

The Burnaby condo real estate market was a Balanced Market in February 2021, with 1,847 active listings at the start of the month, 279 properties sold, an average sold price of $649,898, properties averaging 38 days on market, an absorption rate of 15.1%. All data is sourced from MLS® sold records.

Recently Sold in Burnaby

4485 Skyline Drive
Sold $620,000
1 bd • 1 ba • Apartment
4890 Lougheed Highway
Sold $565,000
1 bd • 1 ba • Apartment
7579 16th Street
Sold $660,000
2 bd • 2 ba • Apartment
2345 Madison Avenue
Sold $522,000
1 bd • 1 ba • Apartment
4808 Hazel Street
Sold $999,900
3 bd • 2 ba • Apartment
7131 Stride Avenue
Sold $575,000
1 bd • 1 ba • Apartment

Active Listings in Burnaby

4657 Hazel Street
$749,999
2 bd • 2 ba • Apartment
4168 Lougheed Highway
$849,000
2 bd • 2 ba • Apartment
5288 Grimmer Street
$649,000
2 bd • 2 ba • Apartment
3888 Evergreen Place
$769,000
2 bd • 2 ba • Apartment
5333 Goring Street
$579,000
1 bd • 1 ba • Apartment
3888 Evergreen Place
$545,000
1 bd • 1 ba • Apartment

Top Buildings in Burnaby

Solo District
1,350 units
The Grove Tower 1
948 units
Concord Brentwood Hillside West Tower 1
892 units
Kings Crossing
803 units
Contour
733 units
Reign by Wesgroup
733 units
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Burnaby specialist
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Related: Burnaby Condo Archive → Live Market Stats → All BC Reports →

Frequently Asked Questions — Burnaby February 2021

In February 2021, the Burnaby condo real estate market is classified as a Balanced Market with an absorption rate of 15.1%. The market in Burnaby is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   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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