Burnaby Condo Market Report – February 2026

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.

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144
Units Sold
$715,655
Avg Sold Price
43d
Avg Days on Market
Buyer's Market
Market Condition
11,785 active at start of month 356 new listings Absorption rate: 1.2% Highest sold: $1,714,900 Lowest sold: $300,000

How Does February 2026 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2026 (this report) 144 $715,655 43d
January 2026 month prior 114 +26.3% $678,701 +5.4% 52d -17.3%
February 2025 year ago 138 +4.3% $736,192 -2.8%

3-Year Price Trend — Burnaby Condo

The Burnaby condo real estate market was a Buyer's Market in February 2026, with 11,785 active listings at the start of the month, 144 properties sold, an average sold price of $715,655, properties averaging 43 days on market, an absorption rate of 1.2%. 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 Burnaby specialist
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Frequently Asked Questions — Burnaby February 2026

In February 2026, the Burnaby condo real estate market is classified as a Buyer's Market with an absorption rate of 1.2%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. 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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