Burnaby Real Estate Market Update – February 2024

Buyer's Market Absorption rate: 2.5%
← January 2024 Next month →
248
Units Sold
▼ 2% vs prev month
$1,124,101
Avg Sold Price
▲ 5.5% vs prev month
27d
Avg Days on Market
Buyer's Market
Market Condition
10,092 active listings at start of month 524 new listings Absorption: 2.5% Highest: $3,898,000 Lowest: $395,000

How Does February 2024 Compare?

Period Units Sold Avg Price Avg DOM
February 2024 248 $1,124,101 27
January 2024 253
▼ 2%
$1,065,586
▲ 5.5%
42
February 2023 (YoY) 284
▼ 12.7%
$1,020,545
▲ 10.1%
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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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