Burnaby Real Estate Market Update – March 2024

Buyer's Market Absorption rate: 3%
← February 2024 Next month →
309
Units Sold
▲ 24.6% vs prev month
$1,056,775
Avg Sold Price
▼ 6% vs prev month
23d
Avg Days on Market
Buyer's Market
Market Condition
10,368 active listings at start of month 590 new listings Absorption: 3% Highest: $4,300,000 Lowest: $360,000

How Does March 2024 Compare?

Period Units Sold Avg Price Avg DOM
March 2024 309 $1,056,775 23
February 2024 248
▲ 24.6%
$1,124,101
▼ 6%
27
March 2023 (YoY) 357
▼ 13.4%
$1,041,732
▲ 1.4%
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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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