Vancouver Heights, Burnaby Market Report – January 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.

← December 2020 Next month →
12
Units Sold
$803,042
Avg Sold Price
13d
Avg Days on Market
Seller's Market
Market Condition
53 active at start of month 22 new listings Absorption rate: 22.6% Highest sold: $2,368,000 Lowest sold: $479,900

How Does January 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
January 2021 (this report) 12 $803,042 13d
December 2020 month prior 3 +300% $1,668,333 -51.9% 45d -71.1%

3-Year Price Trend — Vancouver Heights, Burnaby

The Vancouver Heights, Burnaby real estate market was a Seller's Market in January 2021, with 53 active listings at the start of the month, 12 properties sold, an average sold price of $803,042, properties averaging 13 days on market, an absorption rate of 22.6%. 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
Get your home value ›

Frequently Asked Questions — Vancouver Heights, Burnaby January 2021

In January 2021, the Vancouver Heights, Burnaby real estate market is classified as a Seller's Market with an absorption rate of 22.6%. It is currently a seller's market in Vancouver Heights, Burnaby. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

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.

★★★★★ 4.8 / 5  —  700+ Google Reviews Read Reviews →