Vancouver Heights, Burnaby Market Report – May 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.

← April 2022 Next month →
9
Units Sold
$1,442,889
Avg Sold Price
30d
Avg Days on Market
Buyer's Market
Market Condition
105 active at start of month 17 new listings Absorption rate: 8.6% Highest sold: $2,930,000 Lowest sold: $428,000

How Does May 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2022 (this report) 9 $1,442,889 30d
April 2022 month prior 12 -25% $1,038,292 +39% 11d +172.7%
May 2021 year ago 10 -10% $1,390,750 +3.7%

3-Year Price Trend — Vancouver Heights, Burnaby

The Vancouver Heights, Burnaby real estate market was a Buyer's Market in May 2022, with 105 active listings at the start of the month, 9 properties sold, an average sold price of $1,442,889, properties averaging 30 days on market, an absorption rate of 8.6%. 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 Market

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 →