Burnaby Real Estate Market Update – July 2023

Buyer's Market Absorption rate: 3.7%
← June 2023 Next month →
314
Units Sold
▼ 10.3% vs prev month
$1,060,391
Avg Sold Price
▲ 1.3% vs prev month
22d
Avg Days on Market
Buyer's Market
Market Condition
8,557 active listings at start of month 604 new listings Absorption: 3.7% Highest: $3,850,000 Lowest: $420,000

How Does July 2023 Compare?

Period Units Sold Avg Price Avg DOM
July 2023 314 $1,060,391 22
June 2023 350
▼ 10.3%
$1,047,264
▲ 1.3%
20
July 2022 (YoY) 271
▲ 15.9%
$1,017,244
▲ 4.2%
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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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