Burnaby Real Estate — Key Facts
- Active listings: 347
- Median price: $899,000
- For sale: 347
- Price range: $155,000 – $4,388,888
- Active agents: 273
- Property types: Multi-family, Single Family, Vacant Land
Burnaby, BC Real Estate Market Overview for 2026
As of June 2026, there are 347 active listings in Burnaby, British Columbia. Burnaby, part of Metro Vancouver, is renowned for its vibrant neighbourhoods like Metrotown and Deer Lake Park, as well as its convenient access to SkyTrain stations. Situated between Vancouver and the North Shore mountains, Burnaby offers a dynamic mix of residential, commercial, and recreational spaces. Its proximity to major industries such as technology, film production, and port logistics makes it a sought-after location for both buyers and investors. Whether you're interested in a family-friendly neighbourhood or a modern condo close to transit, Burnaby provides diverse housing options suited to a range of lifestyles. The area's strong community amenities and scenic parks make it an attractive place to live, work, and play in British Columbia’s thriving economy.
Market Snapshot
347
Active Listings
$899,000
Median Price
347
For Sale
Burnaby Real Estate Market Overview
Currently, Burnaby’s real estate market features 347 active listings with a median price of CAD $899,000, reflecting its status as one of Metro Vancouver’s most sought-after markets. The number of available homes indicates a balanced market, with opportunities for both buyers and sellers. Burnaby’s proximity to key amenities such as the Pacific Ocean, SFU, and UBC, combined with its excellent transit network, continues to drive demand. As BC’s third-largest metropolitan area, Burnaby benefits from a robust local economy centred on technology, film, and port logistics. The median price trend suggests stability amid high demand, making it an attractive prospect for long-term investment or homeownership in British Columbia.
Latest Properties in Burnaby
Frequently Asked Questions
In British Columbia, the Property Transfer Tax (PTT) is 1% on the first CAD $200,000, 2% on the portion from CAD $200,001 to CAD $2,000,000, and 3% above CAD $2,000,000. Burnaby’s property values often fall within these brackets, affecting the PTT amount for buyers. This tax is payable upon closing, influencing overall purchasing costs.
The Home Buyer Rescission Period in British Columbia is three (3) business days after accepting an offer. In Burnaby, buyers can withdraw their offer within this window without penalty, providing a cooling-off period to review the transaction details.
Yes, condos and townhouses in Burnaby are governed by the BC strata system, which includes strata fees. These fees cover maintenance, insurance, and reserve contributions, and are detailed in the strata corporation bylaws and depreciation reports.
Yes, Burnaby is part of the designated taxable regions in British Columbia subject to the Speculation and Vacancy Tax. This tax applies to vacant or underused properties, encouraging occupancy and investment in local housing markets.
While specific ratios fluctuate, Metro Vancouver’s market often sees a sale-to-list ratio around 50% to 60%, indicating a balanced market. Burnaby’s active listings and median price reflect a healthy demand and supply dynamic in the region.