Vancouver Heights, Burnaby House Market Report – October 2022

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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3
Units Sold
$2,080,000
Avg Sold Price
38d
Avg Days on Market
Buyer's Market
Market Condition
58 active at start of month 4 new listings Absorption rate: 5.2% Highest sold: $2,750,000 Lowest sold: $1,725,000

How Does October 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
October 2022 (this report) 3 $2,080,000 38d
September 2022 month prior 2 +50% $2,710,000 -23.2% 6d +533.3%
October 2021 year ago 2 +50% $3,086,500 -32.6%

3-Year Price Trend — Vancouver Heights, Burnaby House

The Vancouver Heights, Burnaby house real estate market was a Buyer's Market in October 2022, with 58 active listings at the start of the month, 3 properties sold, an average sold price of $2,080,000, properties averaging 38 days on market, an absorption rate of 5.2%. 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 October 2022

In October 2022, the Vancouver Heights, Burnaby house real estate market is classified as a Buyer's Market with an absorption rate of 5.2%. 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.

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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