Burnaby Condos for Sale Under $500K
There are currently 152 condos for sale in Burnaby priced Under $500K. The median asking price is $456,944, averaging $681/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
↓ Buyer's Market
152
Active Listings
16
Sold (30 days)
10.5%
Sales Ratio
Buyer's Market
$457K
Median Price
$681
Avg $/sqft
31
Avg Days
Market summary
The condos priced under $500k market in Burnaby is currently a Buyer's Market with a 10.5% sales ratio — 16 homes sold against 152 active listings in the past 30 days. The median asking price is $456,944 ($681/sqft). Properties are selling slowly, averaging 31 days on the market.
For Sale
16 listings
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| Neighbourhood | Active | Sold (30d) | Sales Ratio |
|---|---|---|---|
| Metrotown | 36 | 4 | 11% |
| Simon Fraser Univer. | 24 | 0 | 0% |
| Brentwood Park | 19 | 4 | 21% |
| Cariboo | 11 | 2 | 18% |
| Government Road | 11 | 1 | 9% |
| Sullivan Heights | 10 | 2 | 20% |
| Highgate | 9 | 0 | 0% |
| Forest Glen BS | 8 | 0 | 0% |
| Capitol Hill BN | 6 | 1 | 17% |
| South Slope | 4 | 0 | 0% |
| Central Park BS | 4 | 1 | 25% |
| Central BN | 3 | 0 | 0% |
| Simon Fraser Hills | 3 | 0 | 0% |
| Edmonds BE | 2 | 0 | 0% |
| East Burnaby | 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 152 condos priced under $500k listed for sale in Burnaby. Listings are updated daily from the MLS® database.
How many condos have sold in Burnaby in the past year?
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In the past 12 months, 253 condos have sold in Burnaby, averaging about 31 days on market. Full sold prices and sold history are available to registered members — free to sign up. See the full Burnaby Condos market report for monthly trends.
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 10.5% 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 $456,944. The average price per sqft is $681. 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 31 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 152 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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