Burnaby Condo Market Report – June 2021

Q: How many homes sold in Burnaby in June 2021?

242 condo properties sold in Burnaby during June 2021 based on MLS® records. There were 1,949 active listings at the start of the month. A total of 408 new listings came to market during the month.

Q: What is the average home price in Burnaby?

The average condo sold price in Burnaby in June 2021 was $647,945. Sold prices ranged from $355,000 to $1,259,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Burnaby?

In June 2021, condo properties in Burnaby averaged 23 days on the market before selling. With an absorption rate of 12.4%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

Q: How has the Burnaby market changed compared to last year?

The average condo sold price in Burnaby in June 2021 was $647,945, down 7% year-over-year compared to June 2020 ($696,400). Sales volume was up 12000% compared to the same month last year. Data is sourced from MLS® sold records.

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.

← May 2021 Next month →

242

Units Sold

$647,945

Avg Sold Price

23d

Avg Days on Market

Balanced Market

Market Condition

1,949 active at start of month 408 new listings Absorption rate: 12.4% Highest sold: $1,259,000 Lowest sold: $355,000

How Does June 2021 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
June 2021 (this report)	242	$647,945	23d
May 2021 month prior	313 -22.7%	$662,991 -2.3%	19d +21.1%
June 2020 year ago	2 +12000%	$696,400 -7%	—

3-Year Price Trend — Burnaby Condo

The Burnaby condo real estate market was a Balanced Market in June 2021, with 1,949 active listings at the start of the month, 242 properties sold, an average sold price of $647,945, properties averaging 23 days on market, an absorption rate of 12.4%. All data is sourced from MLS® sold records.

Recently Sold in Burnaby

6540 Burlington Avenue

Sold $499,000

2 bd • 1 ba • Apartment

6538 Nelson Avenue

Sold $718,000

2 bd • 2 ba • Apartment

9319 University Crescent

Sold $472,000

2 bd • 2 ba • Apartment

4900 Lennox Lane

Sold $766,000

2 bd • 2 ba • Apartment

4880 Lougheed Highway

Sold $460,000

1 bd • 1 ba • Apartment

6000 Mckay Avenue

Sold $850,000

2 bd • 2 ba • Apartment

Active Listings in Burnaby

2108 Gilmore Avenue

$699,000

2 bd • 2 ba • Apartment

6700 Dunblane Avenue

$998,000

3 bd • 2 ba • Apartment

6537 Telford Avenue

$908,000

2 bd • 2 ba • Apartment

7303 Noble Lane

$627,000

1 bd • 1 ba • Apartment

2188 Madison Avenue

$1,099,000

3 bd • 2 ba • Apartment

4468 Dawson Street

$988,800

3 bd • 2 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

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 June 2021

Is it a good time to buy in Burnaby? −

In June 2021, the Burnaby condo real estate market is classified as a Balanced Market with an absorption rate of 12.4%. 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.

How many homes sold in Burnaby in June 2021? +

What is the average home price in Burnaby? +

How long are homes sitting on the market in Burnaby? +

How has the Burnaby market changed compared to last year? +

Last Update: 08/30/2026 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.