Burnaby Condos for Sale Under $1M
There are currently 982 condos for sale in Burnaby priced Under $1M. The median asking price is $659,450, averaging $860/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
Market summary
The condos priced under $1m market in Burnaby is currently a Buyer's Market with a 7.1% sales ratio — 70 homes sold against 982 active listings in the past 30 days. The median asking price is $659,450 ($860/sqft). Properties are selling slowly, averaging 47 days on the market.
Recently Sold
50 sold nearby
↓ Buyer's Market
982
Active Listings
70
Sold (30 days)
7.1%
Sales Ratio
Buyer's Market
$659K
Median Price
$860
Avg $/sqft
47
Avg Days
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $300K Most Active | 0 | 1 | 100% | |
| $300K–$400K | 33 | 3 | 9% | |
| $400K–$500K | 117 | 16 | 14% | |
| $500K–$600K | 232 | 11 | 5% | |
| $600K–$700K | 209 | 20 | 10% | |
| $700K–$800K | 180 | 11 | 6% | |
| $800K–$900K | 129 | 7 | 5% | |
| $900K–$1M | 82 | 0 | 0% | |
| $1M–$1.25M Most Active | 0 | 1 | 100% |
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 | 275 | 25 | 9% |
| Brentwood Park | 274 | 19 | 7% |
| Simon Fraser Univer. | 80 | 3 | 4% |
| Sullivan Heights | 61 | 5 | 8% |
| Edmonds BE | 57 | 1 | 2% |
| Highgate | 54 | 3 | 6% |
| Forest Glen BS | 40 | 1 | 3% |
| South Slope | 31 | 4 | 13% |
| Cariboo | 20 | 1 | 5% |
| Government Road | 18 | 3 | 17% |
| Central Park BS | 15 | 1 | 7% |
| Capitol Hill BN | 14 | 1 | 7% |
| Vancouver Heights | 8 | 0 | 0% |
| Willingdon Heights | 7 | 0 | 0% |
| Central BN | 5 | 0 | 0% |
| Burnaby Hospital | 5 | 1 | 20% |
| Simon Fraser Hills | 3 | 1 | 33% |
| East Burnaby | 2 | 0 | 0% |
| Oaklands | 1 | 1 | 100% |
| 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 982 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 7.1% 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 $659,450. The average price per sqft is $860. 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 47 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 982 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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