Burnaby Real Estate Market Update – March 2023

Buyer's Market Absorption rate: 4.6%
← February 2023 Next month →
357
Units Sold
▲ 25.7% vs prev month
$1,041,732
Avg Sold Price
▲ 2.1% vs prev month
25d
Avg Days on Market
Buyer's Market
Market Condition
7,810 active listings at start of month 493 new listings Absorption: 4.6% Highest: $3,587,000 Lowest: $389,000

How Does March 2023 Compare?

Period Units Sold Avg Price Avg DOM
March 2023 357 $1,041,732 25
February 2023 284
▲ 25.7%
$1,020,545
▲ 2.1%
35
March 2022 (YoY) 528
▼ 32.4%
$1,121,582
▼ 7.1%
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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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