City Guide
With a median list price of $850,000 and strong 96.6% sale-to-list ratios, Burnaby real estate delivers excellent value for buyers seeking established neighbourhoods close to Vancouver. At $913 per square foot average, you'll find spacious homes and modern condos with significantly more square footage than comparable Vancouver properties.
Avg recent sale: $975,667
Burnaby real estate offers exceptional value and diversity, making it one of Greater Vancouver's most sought-after communities. Positioned east of Vancouver, this dynamic municipality blends urban convenience with suburban comfort, attracting first-time buyers, growing families, and investors alike. The neighbourhood is anchored by major employment hubs and educational institutions, including Simon Fraser University, which brings vibrancy and a young demographic to the area. Metrotown's sprawling shopping district serves as the commercial heart of Burnaby, providing residents with world-class retail, dining, and entertainment options within minutes of most neighbourhoods.
Burnaby homes for sale currently range from $1,600 to $3.25 million, with a median list price of $850,000 and an average recent sold price of $962,547, reflecting a healthy market with a 96.6% sale-to-list ratio. This balanced pricing structure means buyers can find everything from modern condos in central locations to spacious family homes on tree-lined streets. The average price per square foot sits at $913, offering competitive value compared to neighbouring Vancouver communities. With 200 active Burnaby MLS listings to explore—predominantly residential properties alongside select investment and land opportunities—there's substantial inventory for serious buyers.
Transit accessibility is a major draw, with the SkyTrain and extensive bus networks connecting residents throughout the region. The neighbourhood caters to professionals commuting to downtown Vancouver, families seeking good schools and parks, and retirees desiring walkable, amenity-rich communities. Central Burnaby particularly appeals to those seeking an urban lifestyle without Vancouver's premium price tag, while suburban pockets offer quiet residential streets ideal for families. Whether you're searching for Burnaby real estate as your primary residence or investment property, the community's stable appreciation, strong rental potential, and quality of life make it a compelling choice in the Greater Vancouver market.

$2,099,000
Capitol Hill BN
MLS® R3167159 · Listed by RE/MAX Select Properties
Metrotown
MLS® R3039001