Burnaby Townhouse Market Report – August 2021

Burnaby is an active townhouse 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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71
Units Sold
$842,039
Avg Sold Price
21d
Avg Days on Market
Balanced Market
Market Condition
530 active at start of month 81 new listings Absorption rate: 13.4% Highest sold: $1,578,900 Lowest sold: $518,000

How Does August 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2021 (this report) 71 $842,039 21d
July 2021 month prior 60 +18.3% $854,296 -1.4% 18d +16.7%
August 2020 year ago 55 +29.1% $739,365 +13.9%

3-Year Price Trend — Burnaby Townhouse

The Burnaby townhouse real estate market was a Balanced Market in August 2021, with 530 active listings at the start of the month, 71 properties sold, an average sold price of $842,039, properties averaging 21 days on market, an absorption rate of 13.4%. 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 August 2021

In August 2021, the Burnaby townhouse real estate market is classified as a Balanced Market with an absorption rate of 13.4%. 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.

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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