Burnaby Townhouse Market Report – May 2021

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

95 townhouse properties sold in Burnaby during May 2021 based on MLS® records. There were 426 active listings at the start of the month. A total of 131 new listings came to market during the month.

Q: What is the average home price in Burnaby?

The average townhouse sold price in Burnaby in May 2021 was $841,782. Sold prices ranged from $386,000 to $1,300,000. Data is sourced from MLS® board records.

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

In May 2021, townhouse properties in Burnaby averaged 14 days on the market before selling. With an absorption rate of 22.3%, the market is currently a Seller's Market. A lower average days-on-market indicates stronger demand.

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

The average townhouse sold price in Burnaby in May 2021 was $841,782, down 1.8% year-over-year compared to May 2020 ($856,875). Sales volume was up 1087.5% compared to the same month last year. Data is sourced from MLS® sold records.

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.

← April 2021 Next month →

Units Sold

$841,782

Avg Sold Price

14d

Avg Days on Market

Seller's Market

Market Condition

426 active at start of month 131 new listings Absorption rate: 22.3% Highest sold: $1,300,000 Lowest sold: $386,000

How Does May 2021 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2021 (this report)	95	$841,782	14d
April 2021 month prior	100 -5%	$847,916 -0.7%	18d -22.2%
May 2020 year ago	8 +1087.5%	$856,875 -1.8%	—

3-Year Price Trend — Burnaby Townhouse

The Burnaby townhouse real estate market was a Seller's Market in May 2021, with 426 active listings at the start of the month, 95 properties sold, an average sold price of $841,782, properties averaging 14 days on market, an absorption rate of 22.3%. All data is sourced from MLS® sold records.

Recently Sold in Burnaby

5201 Oakmount Crescent

Sold $1,470,000

3 bd • 4 ba • Townhouse

4253 Birchwood Crescent

Sold $895,000

4 bd • 4 ba • Townhouse

7039 Macpherson Avenue

Sold $830,000

2 bd • 2 ba • Townhouse

2713 Ellerslie Avenue

Sold $720,000

3 bd • 1 ba • Townhouse

5822 Patterson Avenue

Sold $1,110,000

2 bd • 3 ba • Townhouse

4458 Albert Street

Sold $887,000

2 bd • 3 ba • Townhouse

Active Listings in Burnaby

5221 Oakmount Crescent

$1,549,000

3 bd • 3 ba • Townhouse

3888 Norfolk Street

$799,000

2 bd • 2 ba • Townhouse

6984 Linden Avenue

$999,000

3 bd • 4 ba • Townhouse

7488 Salisbury Avenue

$1,098,000

3 bd • 3 ba • Townhouse

4748 Laurelwood Place

$848,000

3 bd • 3 ba • Townhouse

6588 Southoaks Crescent

$749,000

2 bd • 2 ba • Townhouse

Prepared by

Hani Faraj

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

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Related: Burnaby Townhouse Archive → Live Market Stats → All BC Reports →

Frequently Asked Questions — Burnaby May 2021

Is it a good time to buy in Burnaby? −

In May 2021, the Burnaby townhouse real estate market is classified as a Seller's Market with an absorption rate of 22.3%. It is currently a seller's market in Burnaby. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Burnaby in May 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: 06/04/2026 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.