Burnaby Condos for Sale Under $1M
There are currently 1022 condos for sale in Burnaby priced Under $1M. The median asking price is $649,850, averaging $845/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
↓ Buyer's Market
1,022
Active Listings
41
Sold (30 days)
4%
Sales Ratio
Buyer's Market
$650K
Median Price
$845
Avg $/sqft
42
Avg Days
Market summary
The condos priced under $1m market in Burnaby is currently a Buyer's Market with a 4% sales ratio — 41 homes sold against 1022 active listings in the past 30 days. The median asking price is $649,850 ($845/sqft). Properties are selling slowly, averaging 42 days on the market.
For Sale
49 listings
Recently Sold
1 sold nearby
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| $300K–$400K | 30 | 2 | 7% | |
| $400K–$500K Most Active | 128 | 10 | 8% | |
| $500K–$600K | 263 | 5 | 2% | |
| $600K–$700K | 215 | 7 | 3% | |
| $700K–$800K Most Active | 180 | 15 | 8% | |
| $800K–$900K | 124 | 2 | 2% | |
| $900K–$1M | 82 | 0 | 0% |
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 |
|---|---|---|---|
| Brentwood Park | 288 | 18 | 6% |
| Metrotown | 287 | 8 | 3% |
| Simon Fraser Univer. | 74 | 2 | 3% |
| Sullivan Heights | 59 | 4 | 7% |
| Edmonds BE | 59 | 2 | 3% |
| Highgate | 54 | 1 | 2% |
| Forest Glen BS | 47 | 0 | 0% |
| South Slope | 33 | 2 | 6% |
| Cariboo | 24 | 1 | 4% |
| Central Park BS | 18 | 0 | 0% |
| Government Road | 17 | 2 | 12% |
| Capitol Hill BN | 16 | 0 | 0% |
| Vancouver Heights | 14 | 0 | 0% |
| Central BN | 6 | 0 | 0% |
| Willingdon Heights | 5 | 0 | 0% |
| Simon Fraser Hills | 4 | 0 | 0% |
| East Burnaby | 3 | 0 | 0% |
| Oaklands | 3 | 0 | 0% |
| Burnaby Hospital | 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 1022 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 4% 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 $649,850. The average price per sqft is $845. 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 42 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 1022 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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