Is Burnaby Right For You?
Who Buys in Burnaby — and Why.
Burnaby tends to attract buyers who want Vancouver access without Vancouver's Westside prices. First-time buyers gravitate to Metrotown and Brentwood condos near SkyTrain; families look to Burnaby Heights and the North for character homes and schools; upgraders and view-seekers target South Slope; and investors track the transit corridors where densification is actively reshaping value.
The thing most newcomers underestimate: Burnaby is not one market. A condo three SkyTrain stops apart can differ by hundreds of thousands of dollars, and a detached home's value often turns on its lot and zoning as much as the house itself. That's why neighbourhood-level knowledge matters more here than almost anywhere in the region.
Burnaby Market Snapshot
What Burnaby Homes Cost Right Now.
Benchmark prices by zone · Greater Vancouver REALTORS®, May 2026 · Updated monthly
Burnaby North
Detached
$1,885,100 ▼ 8.2% YoY
Townhouse
$915,200 ▼ 1.5% YoY
Condo
$689,200 ▼ 6.5% YoY
Most active zone — Brentwood Park & the SkyTrain corridor. Townhouses are the steadiest segment in the city.
Burnaby South
Detached
$2,008,100 ▼ 9.7% YoY
Townhouse
$974,000 ▼ 5.8% YoY
Condo
$743,900 ▼ 7.5% YoY
The city's premium detached market — the only zone above $2M. Metrotown & Forest Glen drive condo activity.
Burnaby East
Detached
$1,748,300 ▼ 5.5% YoY
Townhouse
$845,900 ▼ 8.1% YoY
Condo
$723,400 ▼ 8.7% YoY
The most accessible detached entry point in the city — and the fastest condo turnover at 27 days.
Source: Greater Vancouver REALTORS® Stats Package (Burnaby North, East & South), May 2026. Benchmark prices reflect a typical property in each segment, not list or sale prices for any specific home.
Burnaby Neighbourhoods
Six Burnaby Communities, Six Different Lifestyles.
A quick orientation to where people actually live — what each area is known for, who it suits, and the rough price of entry.
Prestige · Views
South Slope
Burnaby's most sought-after detached pocket. Fraser River views, large lots, and Deer Lake Park nearby. Suits upgraders and Westside relocators who want space and outlook.
Detached entry: ~$1.8M–$2.6M
Transit · New Build
Brentwood
Reshaped by The Amazing Brentwood — retail, towers, and a younger professional crowd. Condos and townhomes near Brentwood Town Centre SkyTrain move quickly. Strong first-buyer and investor appeal.
Condo entry: ~$700K–$950K
Walkable · Central
Metrotown
The densest, most transit-connected part of Burnaby. Top-tier walkability, SkyTrain, and Metropolis at your door. The natural landing spot for first-time condo buyers and investors.
Condo entry: ~$650K–$880K
Family · Character
Burnaby Heights
Character homes, a walkable Hastings Street high street, and a real community feel. Draws young families and buyers who want neighbourhood identity. Older homes often carry renovation upside.
Detached entry: ~$1.4M–$1.9M
University · Elevated
Burnaby Mountain / SFU
A genuine university-town feel via the UniverCity community. Townhomes and condos suit faculty, professionals, and anyone who values trail access and an elevated setting. New inventory keeps arriving.
Townhouse entry: ~$950K–$1.3M
Value · Emerging
Edmonds & East Burnaby
One of Burnaby's most affordable detached markets and very active for buyers priced out of the South or North. Densification along the Edmonds corridor keeps investor interest high.
Detached entry: ~$1.3M–$1.65M
Why Juliana for Burnaby
Burnaby Isn't a Market She Visits. It's Home Base.
RE/MAX Heights Realty is based at 4370 Dominion Street in Burnaby. For buyers, that means a REALTOR® who reads the differences between a Brentwood tower and a Metrotown tower, knows which South Slope streets hold value, and can tell you when a listed price reflects the lot rather than the house.
Whether you're buying your first Metrotown condo or a detached home in the North, the goal is the same: the right property, at the right price, with no costly surprises during your subject period.
Start Your Burnaby Home SearchRE/MAX Heights Realty · 4370 Dominion Street, Suite 400, Burnaby, BC V5G 4L7 · 778-822-8000
Burnaby Buyers Ask
Common Questions About Buying in Burnaby.
Which Burnaby neighbourhood is best for first-time buyers?
Metrotown and Brentwood are the usual starting points. Both offer condos near SkyTrain in the $650K–$950K range, strong walkability, and quick access to downtown Vancouver. Brentwood skews newer (driven by The Amazing Brentwood development); Metrotown offers more selection and the region's best transit connectivity. The right choice depends on whether you prioritize newer construction or maximum walkability and price selection.
How much does a home cost in Burnaby?
As of May 2026, benchmark detached prices range from about $1.75M in Burnaby East to just over $2M in Burnaby South. Townhouses sit broadly in the $845K–$975K range, and condos run roughly $689K–$744K depending on the zone. Burnaby North is the most active area across all property types. These are benchmark figures from Greater Vancouver REALTORS® and reflect a typical property in each segment.
Is Burnaby a good place to buy a condo?
For many buyers, yes. Burnaby condos offer SkyTrain access, walkable town centres, and entry prices below comparable Vancouver units. The key is that value varies sharply within a single building — floor level, view, and parking can move price significantly — so comparing the specific unit, not just the building, is essential. Brentwood and Metrotown remain the most liquid condo markets.
What should I check before buying a strata in Burnaby?
Review the strata's Form B information certificate, the depreciation report, recent meeting minutes, the bylaws, and the contingency reserve fund balance during your subject period. These documents reveal upcoming special levies, building issues, rental or pet restrictions, and the financial health of the strata. Reading them properly before removing subjects is how you avoid expensive surprises after closing.
How close is Burnaby to downtown Vancouver?
Central Burnaby is roughly 20–30 minutes from downtown Vancouver by SkyTrain, depending on the station. Metrotown, Brentwood, and Edmonds all sit directly on rapid-transit lines, which is a large part of why those areas command steady buyer demand. For commuters, proximity to a SkyTrain station is often the single biggest driver of both lifestyle and resale value.
Buying in Burnaby
Let's Find the Right Burnaby Home for You.
Whether you're starting your search or just trying to understand the market, a quick conversation with a Burnaby-based REALTOR® will save you time and missteps. No pressure — just honest local guidance.
Book a Buyer Consultation Selling in Burnaby Instead?Call or text Juliana directly · 778-822-8000
Juliana Vallée, REALTOR® · RE/MAX Heights Realty · Burnaby, BC
Burnaby Real Estate Market
Data current: June 2026 · Updated monthly
What Burnaby Homes Are Selling For Right Now.
Data current: June 2026 · Updated monthly
Burnaby's real estate market in May 2026 varies meaningfully by zone. Burnaby South anchors the city's premium detached segment, Burnaby North is the most active across all property types, and Burnaby East offers some of the most accessible entry points in the city — each telling its own version of the current market story.
Burnaby North
Detached Homes
Benchmark
$1,885,100
May 2026
YoY
-8.2%
vs May 2025
Sales / DOM
17 / 49
Sales · Days
Townhouses
Benchmark
$915,200
May 2026
YoY
-1.5%
vs May 2025
Sales / DOM
19 / 28
Sales · Days
Condos
Benchmark
$689,200
May 2026
YoY
-6.5%
vs May 2025
Sales / DOM
78 / 34
Sales · Days
Burnaby East
Detached Homes
Benchmark
$1,748,300
May 2026
YoY
-5.5%
vs May 2025
Sales / DOM
6 / 46
Sales · Days
Townhouses
Benchmark
$845,900
May 2026
YoY
-8.1%
vs May 2025
Sales / DOM
2 / 29
Sales · Days
Condos
Benchmark
$723,400
May 2026
YoY
-8.7%
vs May 2025
Sales / DOM
9 / 27
Sales · Days
Burnaby South
Detached Homes
Benchmark
$2,008,100
May 2026
YoY
-9.7%
vs May 2025
Sales / DOM
18 / 28
Sales · Days
Townhouses
Benchmark
$974,000
May 2026
YoY
-5.8%
vs May 2025
Sales / DOM
6 / 68
Sales · Days
Condos
Benchmark
$743,900
May 2026
YoY
-7.5%
vs May 2025
Sales / DOM
64 / 46
Sales · Days
Burnaby North is the most active zone across all property types — 78 condo sales and 19 townhouse sales in May, driven largely by Brentwood Park and the SkyTrain corridor. Townhouses here are holding remarkably well, down just 1.5% year-over-year, making this one of the steadier segments in the entire Metro Vancouver market right now.
Burnaby South anchors the city's premium detached market at $2,008,100 — the only Burnaby zone to cross the $2M benchmark threshold. Metrotown and Forest Glen dominate condo activity here, with 64 sales in May. The townhouse segment saw a sharp increase in days on market (68 days), signalling that buyers in this range are being selective and patient.
Burnaby East is the smallest market of the three zones by volume, but offers the most accessible detached entry point in the city at $1,748,300. Low sales counts in the townhouse segment (just 2 in May) reflect limited inventory rather than absent demand — and the condo market here is showing the fastest turnover at 27 days on market.
Source: Greater Vancouver REALTORS® Stats Package (Burnaby North, East & South), May 2026. Updated monthly.
Thinking about listing in Burnaby? In a market like this, your strategy matters as much as your price. Let's talk.
Get My Free Burnaby Evaluation
Burnaby Neighbourhoods
Burnaby Is Four Distinct Markets. Know Which One You're In.
North Burnaby, South Burnaby, Metrotown, and Brentwood all attract different buyers — and demand different strategies. Local intelligence is everything.
Prestige Address
South Slope
Burnaby's most desirable detached neighbourhood. Sweeping views of the Fraser River and beyond, large lots, and proximity to Deer Lake Park drive premium prices. Buyers here are typically upgraders from within Burnaby or relocating from Vancouver's Westside.
Avg. Detached: $1.8M–$2.6M range
Transit & Lifestyle
Brentwood
Transformed by The Amazing Brentwood development, this area now attracts a younger professional buyer base. Condos and townhouses absorb quickly — especially those within walking distance of Brentwood Town Centre SkyTrain. Strong investor appeal too.
Avg. Condo: $700K–$950K range
Metro Core
Metrotown
The densest, most transit-accessible part of Burnaby. Condos here benefit from incredible walkability scores, SkyTrain access, and proximity to Metropolis. Buyers range from first-time purchasers to investors. Marketing needs to lead with the lifestyle, not just the square footage.
Avg. Condo: $650K–$880K range
Family Focused
Burnaby Heights (North Burnaby)
Character homes, walkable high street on Hastings, and a strong community identity attract young families and buyers seeking a neighbourhood feel. Older homes here often present renovation upside that savvy buyers are actively seeking.
Avg. Detached: $1.4M–$1.9M range
Mountain Community
Burnaby Mountain / SFU
A unique community with a strong university-town character. Townhomes and condos here appeal to faculty, professionals, and buyers who value the elevated setting and trail access. The UniverCity development continues to add new inventory and activate the area.
Avg. Townhouse: $950K–$1.3M range
Established Value
Edmonds & East Burnaby
One of Burnaby's most affordable detached markets — and one of the most active for buyers priced out of South Slope or North Burnaby. Investors are also active here given the proximity to New Westminster and ongoing densification along the Edmonds corridor.
Avg. Detached: $1.3M–$1.65M range
Why Juliana for Burnaby
Get My Free Burnaby Evaluation
Burnaby Is Where RE/MAX Heights Calls Home.
RE/MAX Heights Realty is based at 4370 Dominion Street in Burnaby. This isn't a market Juliana visits — it's the market she operates in every single day. That means current, granular knowledge of what's selling, what's sitting, and what buyers in each Burnaby neighbourhood are actually willing to pay.
Burnaby is also one of the most diverse real estate markets in Metro Vancouver — from million-dollar South Slope detached homes to Metrotown condos to Brentwood new builds. Each segment has a distinct buyer pool, a distinct marketing approach, and a distinct pricing strategy. Juliana knows how to navigate all of them.
For sellers, that local depth means a more accurate evaluation, faster market positioning, and better results at the negotiating table.
RE/MAX Heights Realty — Burnaby Office4370 Dominion Street, Suite 400 · Burnaby, BC V5G 4L7 · 778-822-8000
01
Hyper-Local Comparable Analysis
Burnaby pricing varies street by street in some neighbourhoods. Your evaluation uses Burnaby-specific sold data — not Metro Vancouver averages — so your list price is accurate from day one.
02
Brentwood & Metrotown Condo Expertise
The condo market in central Burnaby moves differently than detached. Juliana understands strata bylaws, depreciation reports, and the specific features — views, floor level, parking — that drive buyer decisions in these buildings.
03
View & Lot Premium Positioning
South Slope and North Burnaby detached homes with views or oversized lots command measurable premiums — but only when marketed correctly. Juliana ensures those features are front and centre in every listing.
04
Investor & Developer Buyer Access
Burnaby has significant land assembly and development activity. If your property has redevelopment potential, that needs to be communicated through the right channels — not just MLS®. Juliana knows who those buyers are.
Burnaby Sellers Ask
Questions About Selling in Burnaby.
Demand varies significantly by building, area, and price point. Brentwood and Metrotown condos near SkyTrain continue to attract strong buyer interest, particularly from first-time buyers and investors. Pricing correctly for your specific building and floor plan is critical — a unit on floor 3 and floor 23 in the same building can sell very differently. Your evaluation will reflect exactly what's moving in your building right now.
Not necessarily. Older homes in established Burnaby neighbourhoods often sit on larger lots, and those lots are what buyers — including developers — are actually purchasing. Land value can be the dominant factor in your home's price, particularly in areas with active rezoning. We price and position your home for the buyer most likely to see the full value of what you're selling.
Burnaby has some of the most active land assembly activity in Metro Vancouver, particularly along transit corridors and in areas designated for higher-density development under Burnaby's Official Community Plan. If your property is in one of these zones, you may have significant additional value that a standard MLS® listing won't capture. This is a conversation worth having before you list anywhere.
Strata sales involve additional documentation — Form B information certificates, depreciation reports, strata meeting minutes, and bylaws. Buyers will review all of this during their subject period. Being prepared with clean, current strata documents speeds up the process and avoids subject-removal delays. Juliana walks you through everything you'll need before you list.
The Amazing Brentwood has elevated the entire neighbourhood profile — new retail, improved streetscape, and increased foot traffic all contribute positively. For existing condo sellers, this is a story to tell buyers: you're not just selling a unit, you're selling into a neighbourhood that continues to improve. That positioning matters and it's part of every Brentwood listing strategy.
Sell Your Burnaby Home
Let's Find Out What Your Burnaby Property Is Worth.
Free, no-obligation evaluation specific to your neighbourhood, property type, and current Burnaby market conditions. Honest numbers. No pressure.
Call or text Juliana directly
778-822-8000
Juliana Vallée, REALTOR® · RE/MAX Heights Realty · Burnaby, BC
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