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Burnaby

Why you'd want to live in Burnaby

Burnaby is a city in the Lower Mainland region. Located in the centre of the Burrard Peninsula, it neighbours the City of Vancouver to the west, the District of North Vancouver across the confluence of the Burrard Inlet with its Indian Arm to the north, Port Moody and Coquitlam to the east, New Westminster and Surrey across the Fraser River to the southeast, and Richmond on the Lulu Island to the southwest. Burnaby was incorporated in 1892 and achieved its city status in 1992. A member municipality of Metro Vancouver, it is British Columbia's third-largest city by population (after Vancouver and Surrey), and is the seat of Metro Vancouver's regional district government. The main campuses of Simon Fraser University and the British Columbia Institute of Technology are located in Burnaby. It is home to high-tech companies such as Ballard Power (fuel cell), Clio (legal software), D-Wave (quantum computing), General Fusion (fusion power), EA Vancouver and Capcom Canada. Burnaby's Metropolis at Metrotown is the largest mall in British Columbia and the fifth largest in Canada. The city is served by SkyTrain's Expo Line and Millennium Line. Metrotown station in downtown Metrotown is the second-busiest station in regional Vancouver's urban transit system as of 2018. via Wikipedia

Burnaby Market Report

$1,331,349

AVERAGE PRICE OF 889 HOMES

$2,043,130

AVERAGE PRICE OF 391 MULTI-MILLION DOLLAR HOMES

$1,314,942

AVERAGE PRICE OF 255 NEWLY BUILT HOMES

$993,307

AVERAGE PRICE OF 103 HOMES WITH A POOL

$972,941

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $1,331,349
Avg Bedrooms 2.75 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $668,385
2 bedrooms $931,689
3 bedrooms $1,481,415
4 bedrooms $2,156,702
5 bedrooms $2,438,999
Burnaby Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 819 1,009 1,125 1,159 1,043
Average Price $1,317,043 $1,294,163 $1,291,946 $1,320,603 $1,366,463
Avg Price Change +1.77% +0.17% -2.22% -3.47% -1.27%
Median Price $967,991 $961,006 $952,243 $965,703 $990,155
Med Price Change +0.73% +0.92% -1.41% -2.53% -0.25%
Avg Bedrooms 2.73 beds 2.71 beds 2.73 beds 2.77 beds 2.87 beds
Avg Bathrooms 2.38 baths 2.33 baths 2.35 baths 2.37 baths 2.46 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 889 $1,331,349 65 days
Multi-Million Dollar Homes 391 $2,043,130 77 days
Newly Built Homes 255 $1,314,942 57 days
Homes with a Pool 103 $993,307 64 days
Reduced Price Homes 24 $972,941 36 days
Adam Jauhari P.R.E.C. - RE/MAX LifeStyles Realty
C100 - 20178 96 Ave
Langley, BC V1M0B2
604-613-7950

MIMLS

The data relating to real estate on this website comes in part from the mls reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the mls reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver.

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