Burnaby Condos for Sale Under $1M
There are currently 1034 condos for sale in Burnaby priced Under $1M. The median asking price is $668,000, averaging $871/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
All
With Suite
With Basement
New Construction
1 Bed
2 Bed
3 Bed
4 Bed
5 Bed
Under $500K
Under $800K
Under $1M
$1M–$2M
Over $2M
$2M–$3M
Luxury ($3M+)
↓ Buyer's Market
1,034
Active Listings
72
Sold (30 days)
7%
Sales Ratio
Buyer's Market
$668K
Median List Price
$871
Avg $/sqft
36
Avg Days on Market
The condos priced under $1m market in Burnaby is currently a Buyer's Market with a 7% sales ratio — 72 homes sold against 1034 active listings in the past 30 days. The median asking price is $668,000 ($871/sqft). Properties are selling slowly, averaging 36 days on the market.
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Burnaby Apartment With Suite Burnaby Apartment With Basement Burnaby Apartment New Construction 1 Bed Apartment in Burnaby 2 Bed Apartment in Burnaby 3 Bed Apartment in Burnaby 4 Bed Apartment in Burnaby 5 Bed Apartment in BurnabyMarket Activity by Price Range — Burnaby
| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $300K Most Active | 2 | 1 | 50% | |
| $300K–$400K | 30 | 2 | 7% | |
| $400K–$500K | 128 | 6 | 5% | |
| $500K–$600K | 230 | 17 | 7% | |
| $600K–$700K | 224 | 16 | 7% | |
| $700K–$800K | 189 | 14 | 7% | |
| $800K–$900K | 140 | 13 | 9% | |
| $900K–$1M | 91 | 3 | 3% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
Market Activity by Neighbourhood — Burnaby
| Neighbourhood | Active | Sold (30d) | Sales Ratio |
|---|---|---|---|
| Metrotown | 299 | 20 | 7% |
| Brentwood Park | 285 | 29 | 10% |
| Simon Fraser Univer. | 88 | 1 | 1% |
| Edmonds BE | 73 | 8 | 11% |
| Highgate | 61 | 2 | 3% |
| Sullivan Heights | 48 | 3 | 6% |
| Forest Glen BS | 41 | 3 | 7% |
| South Slope | 36 | 1 | 3% |
| Government Road | 26 | 0 | 0% |
| Central Park BS | 18 | 0 | 0% |
| Cariboo | 13 | 2 | 15% |
| Capitol Hill BN | 11 | 1 | 9% |
| Burnaby Hospital | 9 | 0 | 0% |
| Vancouver Heights | 8 | 0 | 0% |
| Willingdon Heights | 4 | 1 | 25% |
| Central BN | 4 | 0 | 0% |
| Simon Fraser Hills | 3 | 1 | 33% |
| East Burnaby | 2 | 0 | 0% |
| Oaklands | 2 | 0 | 0% |
| Upper Deer Lake | 1 | 0 | 0% |
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Market Reports
Frequently Asked Questions — Burnaby
How many condos priced under $1m are for sale in Burnaby?
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There are currently 1034 condos priced under $1m listed for sale in Burnaby. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for condos in Burnaby?
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It is currently a Buyer's Market. With a 7% sales ratio, there are more condos available than buyers are purchasing, giving buyers more time and negotiating power. See the full Burnaby Condos market report for monthly trends.
What is the median price of condos in Burnaby?
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The median asking price for condos in Burnaby is $668,000. The average price per sqft is $871. See the full Burnaby Condos market report for monthly trends.
How long do condos take to sell in Burnaby?
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Condos in Burnaby are averaging 36 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good condos priced under $1m in Burnaby?
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Yes — there are currently 1034 condos priced under $1m available in Burnaby. Use the filters above to narrow by bedrooms, bathrooms, or features like suites and basements.
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