Burnaby Real Estate Market Update – August 2024

Buyer's Market Absorption rate: 2.1%
← July 2024 Next month →
265
Units Sold
▼ 13.1% vs prev month
$1,063,342
Avg Sold Price
▲ 8.4% vs prev month
36d
Avg Days on Market
Buyer's Market
Market Condition
12,529 active listings at start of month 522 new listings Absorption: 2.1% Highest: $4,000,000 Lowest: $419,000

How Does August 2024 Compare?

Period Units Sold Avg Price Avg DOM
August 2024 265 $1,063,342 36
July 2024 305
▼ 13.1%		 $980,665
▲ 8.4%		 30
August 2023 (YoY) 275
▼ 3.6%		 $1,067,392
▼ 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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