Vancouver Heights, Burnaby House Market Report – February 2021

Vancouver Heights is a well-established and desirable residential neighbourhood at the northern tip of Burnaby, BC, sitting on a ridge above the Second Narrows and offering some of the finest views of Burrard Inlet, Indian Arm, and the North Shore mountains in the entire Metro Vancouver area. The community features predominantly detached single-family homes on quiet streets with exceptional outlook lots. Confederation Park provides expansive recreational green space with sports facilities, a pool, and walking trails. Hastings Street connects the neighbourhood to East Vancouver and the broader transit network, and the Second Narrows Bridge provides road access to the North Shore. Vancouver Heights is a premium Burnaby neighbourhood with consistently strong demand from buyers seeking views and community character.

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4
Units Sold
$2,084,798
Avg Sold Price
45d
Avg Days on Market
Balanced Market
Market Condition
24 active at start of month 3 new listings Absorption rate: 16.7% Highest sold: $2,276,190 Lowest sold: $1,825,000

How Does February 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2021 (this report) 4 $2,084,798 45d
January 2021 month prior 2 +100% $1,853,000 +12.5% 23d +95.7%

3-Year Price Trend — Vancouver Heights, Burnaby House

The Vancouver Heights, Burnaby house real estate market was a Balanced Market in February 2021, with 24 active listings at the start of the month, 4 properties sold, an average sold price of $2,084,798, properties averaging 45 days on market, an absorption rate of 16.7%. 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 Vancouver Heights, Burnaby specialist
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Frequently Asked Questions — Vancouver Heights, Burnaby February 2021

In February 2021, the Vancouver Heights, Burnaby house real estate market is classified as a Balanced Market with an absorption rate of 16.7%. The market in Vancouver Heights, 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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