Burnaby Condos for Sale Under $500K
There are currently 156 condos for sale in Burnaby priced Under $500K. The median asking price is $450,000, averaging $689/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
↓ Buyer's Market
156
Active Listings
12
Sold (30 days)
7.7%
Sales Ratio
Buyer's Market
$450K
Median Price
$689
Avg $/sqft
54
Avg Days
Market summary
The condos priced under $500k market in Burnaby is currently a Buyer's Market with a 7.7% sales ratio — 12 homes sold against 156 active listings in the past 30 days. The median asking price is $450,000 ($689/sqft). Properties are selling slowly, averaging 54 days on the market.
For Sale
38 listings
Recently Sold
12 sold nearby
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| Neighbourhood | Active | Sold (30d) | Sales Ratio |
|---|---|---|---|
| Metrotown | 36 | 1 | 3% |
| Simon Fraser Univer. | 24 | 0 | 0% |
| Brentwood Park | 18 | 3 | 17% |
| Sullivan Heights | 13 | 0 | 0% |
| Cariboo | 12 | 1 | 8% |
| Government Road | 10 | 1 | 10% |
| Highgate | 8 | 3 | 38% |
| Forest Glen BS | 8 | 0 | 0% |
| Capitol Hill BN | 7 | 0 | 0% |
| South Slope | 4 | 0 | 0% |
| Central Park BS | 4 | 1 | 25% |
| Central BN | 3 | 0 | 0% |
| Simon Fraser Hills | 3 | 0 | 0% |
| East Burnaby | 2 | 0 | 0% |
| Edmonds BE | 2 | 1 | 50% |
| Willingdon Heights | 1 | 0 | 0% |
| Oaklands | 1 | 0 | 0% |
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Market Reports
Frequently Asked Questions — Burnaby
How many condos priced under $500k are for sale in Burnaby?
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There are currently 156 condos priced under $500k 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 7.7% 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 $450,000. The average price per sqft is $689. 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 54 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good condos priced under $500k in Burnaby?
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Yes — there are currently 156 condos priced under $500k available in Burnaby. Use the filters above to narrow by bedrooms, bathrooms, or features like suites and basements.
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