BurnabyBC

Buyer's Market

Market Data & Trends

Latest data: January 2026

Market Overview

Market Summary

The median home price in Burnaby is $889K. There are currently 1,750 active listings on the market. With 11.4 months of inventory, the market is strong buyer's market. Properties spend a median of 30 days on market before selling.

Strong Buyer's Market

At 11.4 months of inventory, supply significantly exceeds demand. Buyers can take their time, negotiate aggressively, and choose from a wide selection. Sellers must price very competitively and be patient.

Months of Inventory
11.4
SNLR
21.5%

Burnaby is covered by the Greater Vancouver REALTORS. View the full board-level report including regional narrative and benchmarks.

View Greater Vancouver REALTORS Report

Resources

Market data is sourced from MLS board statistics and active listings. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.