MLS® Search: All Real Estate Listings in Burnaby, British Columbia 

Housing Market Report for April 2021
Current Burnaby MLS® stats indicate an average house price of $1,044,566 and 831 new listings in the last 28 days. As of today, Burnaby housing data shows median days on market for a home is 12 days.


Burnaby Neighborhood Profile 
Burnaby is a city in British Columbia, Canada, part of Metro Vancouver and immediately to the east of the City of Vancouver. It is the third-largest city in British Columbia by population, following Vancouver and nearby Surrey. Burnaby was incorporated in 1892 and achieved its city status in 1992, 100 years after incorporation. It is the seat of Metro Vancouver's regional government. Burnaby, BC has a population of 247,940 and a population density of 2,772 people per square kilometre. There are a total of 36 Burnaby, BC neighbourhoods.
Burnaby is divided into four quadrants – SW, SE, NE, NW – with the South West quadrant, which is home to Metrotown Town Centre being the largest in the city. 
Burnaby is a very commuter-friendly city. Public transit includes buses as well as SkyTrain, the light-rail above-ground trains that connect the city to downtown Vancouver. 

There are 11 recognized neighbourhoods in Burnaby. In the south end is the defacto city centre, Metrotown. While not the official city centre—which is City Hall—it’s considered the centre by most, as just about everyone ends up here. The neighbourhood is home to the biggest shopping complex in the municipality and average home prices are just short of $700,000.

The most expensive community is Montecito, just north of the Lougheed Highway in the North Burnaby East area. Property sells for an average price of $1.8 million. Keep in mind, this is an average price and not all property in the area is priced this high. For instance, the older townhomes don’t sell for near that price, while the large family homes on a very large, long lots can sell for quite a bit more. Other pricey neighbourhoods are Parkcrest, to the west, and Garden Village which is just north of Metrotown. An average property in these communities sells for about $1.7 million.

Forest Hills and Central are two neighbourhoods in Burnaby North where property sells, on average, for about $600,000 to $800,000. You can expect to buy family homes, most of which were built in the last few decades.

Market Trends

What is the average home price in Burnaby, BC?
According to current Burnaby MLS© statistics, the average home listing price in Burnaby, BC is $1,199,000. Based on Burnaby housing inventory, the average home is listed on the market for 32 days and has a 100.6% selling to listing price ratio.

How much does a detached house cost in Burnaby?
Based on current Burnaby MLS© data, the average detached house in Burnaby, BC has a listing price of $2,345,000. In Burnaby, detached houses are on the market for 29 days on average.

What are the most expensive neighbourhoods in Burnaby?
In Burnaby, BC, the most expensive neighbourhoods to buy a home include Buckingham Heights, Upper Deer Lake, Garden Village and Deer Lake Place. Buckingham Heights is the most expensive neighbourhood in Burnaby with an average home price of $3,011,000.

What are the cheapest neighbourhoods to buy a home in Burnaby?
The cheapest neighbourhoods to buy a home in Burnaby include Cariboo, Sullivan Heights, Simon Fraser Univer. and Government Road. Cariboo is the most affordable neighbourhood in Burnaby with an average home price of $551,000.
What are nearby cities to Burnaby, BC?
The closest cities to Burnaby, BC include New Westminster, Port Moody, North Vancouver and Anmore. Out of the nearby Burnaby cities, Anmore has the highest average home price of $2,927,000 and New Westminster has the most affordable average home price of $918,000.



All Burnaby Neighbourhoods

Ardingley-SprottBig BendBrentwoodBurnaby HeightsBurnaby LakeBurnaby MountainCameronCapitol HillCariboo-ArmstrongCascade-SchouClinton-GlenwoodDouglas-GilpinEdmondsGarden VillageGovernment RoadKingsway-BeresfordLake CityLakeview-MayfieldLochdaleLyndhurstMarlboroughMaywoodMorley-BuckinghamOakallaParkcrest-AubreyRichmond ParkSecond StreetSperling-BroadwayStride AvenueStride HillSuncrestSussex-NelsonWest Central ValleyWestridgeWillingdon HeightsWindsor

The City Of Burnaby Information

The City of Burnaby is located directly east of Vancouver. It was originally incorporated in 1892 and was officially established as a city in 1992. The city designates 25% of its land to parks and open spaces and it impressively has one of the highest park land to citizen ratio in North America!

Burnaby is the third most populated city in BC with 232,755 residents with a 4.3% increase since 2011 according to Burnaby’s 2016 Census Data. Burnaby is divided into four quadrants – SW, SE, NE, NW  – with the South West quadrant, which is home to Metrotown Town Centre being the largest in the city.

Each quadrant offers its residents their own complete communities with town centres that provide a full range of amenities, accessible rapid transit and bike routes.

  • The South West quadrant is home to Metrotown Town Centre
    • Home to the largest mall in BC – Metropolis at Metrotown – over 400 stores
    • Enjoy remarkable views of the city during the day or night from Deer Lake Park
    • Accessible travel via Metrotown SkyTrain station & multiple bus routes
  • The South East quadrant is home to Edmonds Town Centre
    • Accessible travel via Edmonds SkyTrain station & multiple bus routes
    • Edmonds Community Centre – swimming, fitness classes, gyms, programs & events.
  • The North East quadrant is home to Lougheed Town Centre
    • Burnaby Lake Regional Park is a great place for bird watching, hiking, horseback riding, canoeing, kayaking & rowing.
    • The main SFU campus was established in NE Burnaby
    • Accessible travel via Lougheed SkyTrain station & multiple bus routes
  • The North West quadrant is home to Brentwood Town Centre
    • The main BCIT campus was established in NW Burnaby
    • Accessible travel via Brentwood Town Centre SkyTrain station & multiple bus routes

Located on the south shore of Burrard Inlet and the Fraser River to the south, Burnaby is bordered by East Vancouver to the west and New Westminster to the southeast and Coquitlam to the east and Port Moody to the northeast.

To get an idea of real estate market trends in Burnaby, have a look at the most recent Real Estate Board of Greater Vancouver Statistics.The city  

BURNABY NORTH


North Burnaby is comprised of Oceanview Neighborhoods. 

BURNABY CENTRAL




East Burnaby is an ethnically-diverse area that has a wide range of housing options.

BURNABY SOUTH



Burnaby South (French: Burnaby-Sud) is a federal electoral district in British Columbia. It encompasses a portion of British Columbia previously included in the electoral districts of Burnaby—Douglas and Burnaby—New Westminster.
  • The population density in Burnaby is 52359% higher than British Columbia
  • The median age in Burnaby is 7% lower than British Columbia
  • In Burnaby 35.30% of the population is Chinese
  • In Burnaby 9.71% of the population is South Asian
  • In Burnaby 5.20% of the population is Filipino

Visible Minority Population

DataPercent
Chinese35.3%
South Asian9.7%
Filipino5.2%
Korean3.3%
West Asian2.6%

Immigrants By Place Of Birth

DataPercent
China13.5%
Philippines5.1%
Hong Kong4.3%
Taiwan3.2%
India3.0%

Arts and Entertainment 

Burnaby is a richly diverse and vibrant community. From the Family Blues and Roots Festival to the European Festival, there is always something to do in Burnaby.
For more Information on what to do in Burnaby, CLICK HERE  and HERE 

Shopping 

Burnaby is a shoppers delight. From the massive Metropolis at Metrotown, to Crystal Mall, Lougheed Mall, Kensingnton Square, there truly is no shortage of places to shop in Burnaby 

 Restaurants 


To book at Open Table, Click HERE 
For the 10 Best Restaurants in Burnaby .Click HERE 
  • Burnaby has a Livability Score of 72/100, which is considered excellent
  • Burnaby crime rates are 30% lower than the British Columbia average
  • Cost of living in Burnaby is 17% higher than the British Columbia average
  • Burnaby real estate prices are 42% higher than the British Columbia average
  • Rental prices in Burnaby are equal to the British Columbia average

  • DEMOGRAPHICS 

StatisticBurnabyBritish ColumbiaNational
Population247,9404,912,40037,465,430
Population density (sq km)2,77254
Median age39.542.340.9
Male/Female ratio1.0:11.0:11.0:1
Married couples73%71%66%
Families w/ kids at home47%41%43%
Speak English only87.8%89.7%68.8%
Speak French only0.0%0.0%4.5%

Burnaby, BC

Burnaby, a leafy suburb that lies just east of Vancouver, is a popular choice for families relocating to the greater Metro Vancouver area. Cradled by the Burrard inlet and the Fraser River, Burnaby has the highest parkland to resident ratio in North America, which makes it ideal for those who prefer a quieter option than living downtown. While many choose to make the short commute to downtown Vancouver, Burnaby itself is a hub for commercial and government enterprises that provide booming employment opportunities, especially in the technology sector. This Burnaby city guide will take you through the best of the city, from its vibrant community to its diverse recreational opportunities.

Burnaby is home to a young affluent population and has been favoured by immigrants from China, South Korea, Philippines and the former Yugoslavia in recent years. The diverse and multicultural quality of the city means you’ll be spoiled for choice when it comes to food or cultural activities to attend. The city is well served by the SkyTrain rapid transit system that connects the city internally as well as to parts of Vancouver, New Westminster and Surrey. The network of cycling trails, cutting across the ridges, hills and valleys is another great way to get around.

Burnaby has a great education system, so wherever you choose to live in the city, you’ll be sure to find a good school to send your children to. The urban developments of Lougheed, Brentwood and Metrotown are ideal if you prefer to live close to a hub of amenities and activities. The Heights is a charming neighbourhood with a number of characteristic shops, cafes, restaurants and single-family homes. The neighbourhood of Suncrest, located next to the shopping and transit hub of Metrotown is also a popular option for young professionals.

Most Burnaby locals will tell you that in the summer, a favourite pastime is boating or picnicking with family and friends at Deer Lake. Another resident favourite is the Burnaby Farmers’ Market, which is open from May through October each year and is a great place to buy homemade goods and local produce. For your daily shopping needs from groceries to high street brands, visit Metropolis, the second largest shopping centre in Canada.

chat with upward trend Real Estate Market Performance

Benchmark Price: The price of a “typical” home that would sell in the area at a specific point in time.

Days on Market Average: Gives us an idea of how quickly homes are selling.

Sales-to-Active Ratio: Helps determine whether it’s a seller’s, buyer’s or balanced market. Compares how many homes have sold in an area versus the amount of total active listings.

We use these statistics as indicators that tell us how the market is trending and how to value your home

THIS GRAPH IS UPDATED EVERY 24 HOURS