East Burnaby, Burnaby Market Report – August 2020

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

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8
Units Sold
$1,479,375
Avg Sold Price
57d
Avg Days on Market
Balanced Market
Market Condition
55 active at start of month 14 new listings Absorption rate: 14.5% Highest sold: $2,098,000 Lowest sold: $998,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 8 $1,479,375 57d
July 2020 month prior 10 -20% $1,513,204 -2.2% 33d +72.7%

3-Year Price Trend — East Burnaby, Burnaby

The East Burnaby, Burnaby real estate market was a Balanced Market in August 2020, with 55 active listings at the start of the month, 8 properties sold, an average sold price of $1,479,375, properties averaging 57 days on market, an absorption rate of 14.5%. 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 East Burnaby, Burnaby specialist
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Frequently Asked Questions — East Burnaby, Burnaby August 2020

In August 2020, the East Burnaby, Burnaby real estate market is classified as a Balanced Market with an absorption rate of 14.5%. The market in East Burnaby, 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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