Burnaby Real Estate Market Update – December 2022

Buyer's Market Absorption rate: 2%
← November 2022 Next month →
148
Units Sold
▼ 30.5% vs prev month
$1,031,661
Avg Sold Price
▼ 7.2% vs prev month
42d
Avg Days on Market
Buyer's Market
Market Condition
7,427 active listings at start of month 130 new listings Absorption: 2% Highest: $5,450,000 Lowest: $365,000

How Does December 2022 Compare?

Period Units Sold Avg Price Avg DOM
December 2022 148 $1,031,661 42
November 2022 213
▼ 30.5%		 $1,112,285
▼ 7.2%		 28
December 2021 (YoY) 312
▼ 52.6%		 $1,106,256
▼ 6.7%		 —
More Burnaby market intel: New Listings This Week → Price Reductions → Sold Over Asking → All Updates →
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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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