Burnaby Real Estate Market Update – December 2024

Buyer's Market Absorption rate: 1.4%
← November 2024 Next month →
197
Units Sold
▼ 29.1% vs prev month
$1,029,121
Avg Sold Price
▼ 10% vs prev month
43d
Avg Days on Market
Buyer's Market
Market Condition
13,706 active listings at start of month 242 new listings Absorption: 1.4% Highest: $4,060,000 Lowest: $405,000

How Does December 2024 Compare?

Period Units Sold Avg Price Avg DOM
December 2024 197 $1,029,121 43
November 2024 278
▼ 29.1%		 $1,143,686
▼ 10%		 38
December 2023 (YoY) 166
▲ 18.7%		 $1,025,434
▲ 0.4%		 —
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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