Burnaby Condos for Sale Under $1M

There are currently 959 condos for sale in Burnaby priced Under $1M. The median asking price is $669,000, averaging $863/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 7.3% sales ratio — 70 homes sold against 959 active listings in the past 30 days. The median asking price is $669,000 ($863/sqft). Properties are selling slowly, averaging 53 days on the market.

Types:
Beds
Baths
Price
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Recently Sold

50 sold nearby
↓ Buyer's Market
959
Active Listings
70
Sold (30 days)
7.3%
Sales Ratio
Buyer's Market
$669K
Median Price
$863
Avg $/sqft
53
Avg Days
Sale-to-List Ratio & Sold Prices
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Market Activity by Price Range — Burnaby

Price Range Active Sold (30d) Sales Ratio
Under $300K Most Active 0 1 100%
$300K–$400K 30 5 17%
$400K–$500K 112 15 13%
$500K–$600K 225 13 6%
$600K–$700K 202 15 7%
$700K–$800K 180 10 6%
$800K–$900K 130 7 5%
$900K–$1M 80 3 4%
$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

NeighbourhoodActiveSold (30d)Sales Ratio
Metrotown 270 26 10%
Brentwood Park 267 17 6%
Simon Fraser Univer. 74 3 4%
Sullivan Heights 59 5 8%
Highgate 53 4 8%
Edmonds BE 53 1 2%
Forest Glen BS 39 2 5%
South Slope 32 3 9%
Cariboo 19 1 5%
Government Road 17 4 24%
Capitol Hill BN 14 1 7%
Central Park BS 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 2 0 0%
Upper Deer Lake 1 0 0%

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Frequently Asked Questions — Burnaby

How many condos priced under $1m are for sale in Burnaby?
There are currently 959 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?
It is currently a Buyer's Market. With a 7.3% 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?
The median asking price for condos in Burnaby is $669,000. The average price per sqft is $863. See the full Burnaby Condos market report for monthly trends.
How long do condos take to sell in Burnaby?
Condos in Burnaby are averaging 53 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good condos priced under $1m in Burnaby?
Yes — there are currently 959 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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