Highgate, Burnaby Market Report – June 2022

Q: How many homes sold in Highgate, Burnaby in June 2022?

24 properties sold in Highgate, Burnaby during June 2022 based on MLS® records. There were 336 active listings at the start of the month. A total of 34 new listings came to market during the month.

Q: What is the average home price in Highgate, Burnaby?

The average sold price in Highgate, Burnaby in June 2022 was $682,529. Sold prices ranged from $425,000 to $1,169,900. Data is sourced from MLS® board records.

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

In June 2022, properties in Highgate, Burnaby averaged 21 days on the market before selling. With an absorption rate of 7.1%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

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

The average sold price in Highgate, Burnaby in June 2022 was $682,529, up 1.1% year-over-year compared to June 2021 ($674,930). Sales volume was down 20% compared to the same month last year. Data is sourced from MLS® sold records.

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

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Units Sold

$682,529

Avg Sold Price

21d

Avg Days on Market

Buyer's Market

Market Condition

336 active at start of month 34 new listings Absorption rate: 7.1% Highest sold: $1,169,900 Lowest sold: $425,000

How Does June 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
June 2022 (this report)	24	$682,529	21d
May 2022 month prior	24 +0%	$743,938 -8.3%	15d +40%
June 2021 year ago	30 -20%	$674,930 +1.1%	—

3-Year Price Trend — Highgate, Burnaby

The Highgate, Burnaby real estate market was a Buyer's Market in June 2022, with 336 active listings at the start of the month, 24 properties sold, an average sold price of $682,529, properties averaging 21 days on market, an absorption rate of 7.1%. All data is sourced from MLS® sold records.

Recently Sold in Highgate, Burnaby

2 bd • 2 ba • Apartment

7088 Salisbury Avenue

Sold $760,000

2 bd • 2 ba • Apartment

7307 Magnolia Terrace

Sold $672,500

2 bd • 2 ba • Townhouse

7178 Collier Street

Sold $650,000

2 bd • 2 ba • Apartment

7325 Arcola Street

Sold $715,000

2 bd • 2 ba • Apartment

Active Listings in Highgate, Burnaby

6833 Village Grn

$399,900

2 bd • 1 ba • Apartment

7235 Salisbury Avenue

$549,900

2 bd • 1 ba • Apartment

7178 Collier Street

$799,000

2 bd • 2 ba • Apartment

7138 Collier Street

$478,800

1 bd • 1 ba • Apartment

7063 Hall Avenue

$829,000

2 bd • 2 ba • Apartment

6639 Acacia Avenue

$1,599,900

5 bd • 4 ba • Townhouse

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Highgate, Burnaby specialist

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Related: Highgate, Burnaby Archive → Live Market Stats → Burnaby Reports → All BC Reports →

Frequently Asked Questions — Highgate, Burnaby June 2022

Is it a good time to buy in Highgate, Burnaby? −

In June 2022, the Highgate, Burnaby real estate market is classified as a Buyer's Market with an absorption rate of 7.1%. 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.

How many homes sold in Highgate, Burnaby in June 2022? +

What is the average home price in Highgate, Burnaby? +

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

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

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.