Burnaby Real Estate Market Report - September 2026
The latest real estate market report for Burnaby, British Columbia. Average prices, listings data, and insights for buyers and sellers.
Burnaby Market Snapshot: August 2026
With 234 MLS® sales reported in August 2026, Burnaby's real estate market shows a significant level of activity amidst a total of 1,944 active listings. This suggests a robust market with a sales-to-active-listings ratio of approximately 12%, indicating a balanced market environment.
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Featured Listings:
- 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9 - $8140950.00
- 5415 BARKER AVENUE, Burnaby BC V5H 2N8 - $6950000.00
- 5449 BARKER AVENUE, Burnaby BC V5H 2N8 - $6950000.00
Price Breakdown by Property Type
| Property Type | Number of Listings | List Price Range |
|---|---|---|
| Houses | 13 | $38,800 – $8,140,950 |
| Condos | 26 | $38,800 – $8,140,950 |
| Townhouses | 4 | $38,800 – $8,140,950 |
What This Means for Buyers
With 568 new listings in the past 30 days, buyers have a fresh selection of properties to consider. The broad price range from $38,800 to $8,140,950 indicates opportunities across different budget levels. Buyers should leverage the current balanced market to negotiate favorable terms, especially for properties that have been listed longer.
- Focus on new listings for the latest options.
- Utilize the balanced market to negotiate effectively.
- Consider the wide price range to find a property that fits your budget.
What This Means for Sellers
With 234 sales in August, sellers should be encouraged by the steady demand. However, with 1,944 active listings, competition remains high. Sellers should price competitively within the range of $38,800 to $8,140,950 to attract buyers quickly. Highlight unique property features to stand out in the crowded market.
- Price competitively to attract attention.
- Highlight unique features to differentiate your listing.
- Prepare for a competitive market with strategic marketing.
30-Second Takeaway
Burnaby's real estate market in August 2026 is characterized by a balanced sales-to-active-listings ratio. With 234 sales and a diverse range of 1,944 active listings, both buyers and sellers have opportunities. Buyers should act strategically in negotiations, while sellers must focus on competitive pricing and marketing to succeed in a crowded market.
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