November 2025 for Burnaby South, North and East
As a team that works in these neighbourhoods every week, we know how stressful it can feel to read market reports full of numbers and acronyms. In this update, we want to walk you through the latest Burnaby stats in plain language, so you can understand what is really happening on the ground and how it affects your next move.
All numbers below come from the Greater Vancouver REALTORS November 2025 reports for Burnaby South, Burnaby North and Burnaby East.
Big picture in Burnaby right now
Across Burnaby, three clear themes are showing up:
Market balance is shifting
The sales to active listings ratios tell us most segments are in a balanced or mild buyer environment, with one exception: Burnaby East townhomes are still firmly tilted toward sellers.
More choice for buyers
Detached and townhome inventory is higher in most areas, especially in Burnaby North and South where detached listings are up roughly one third to two thirds compared with last year.
Fewer sales than last year
Sales counts are down for most property types, especially detached houses and condos. This is typical when buyers are feeling cautious about rates and future prices.
Prices have eased from last year
Benchmark prices are generally lower than November twenty twenty four, usually in the three to ten per cent range depending on property type and area. That does not erase the gains of the past few years, but it does mean buyers have a little more negotiating power than they did at the peak.
Quick snapshot: prices by area and property type
You can think of the MLS HPI Benchmark Price as the price of a “typical” home in that category.
Price snapshot table
| Area | Detached benchmark | Condo benchmark | Townhome benchmark |
|---|---|---|---|
| Burnaby South | approx 2,010,000, ↓ approx 10% y/y | approx 766,000, ↓ approx 7% y/y | approx 984,000, ↓ approx 3% y/y |
| Burnaby North | approx 1,920,000, ↓ approx 7% y/y | approx 698,000, ↓ approx 6% y/y | approx 921,000,↓ approx 3% y/y |
| Burnaby East | approx 1,828,000, ↓ approx 6% y/y | approx 760,000, ↓ approx 4% y/y | approx 863,000, ↓ approx 1% y/y |
These are area wide averages. Individual homes can sit above or below these numbers depending on condition, updates, layout and micro location.
How busy is the market really
The sales to active listings ratio is one of our favourite “quick read” indicators.
- Under 12% often behaves like a buyer market
- Around 12 – 20% feels balanced
- Over 20% acts more like a seller market
Here is where each segment sits right now:
| Area | Detached | Condo | Townhome |
|---|
| Burnaby South | approx 8% softer for sellers | approx 13% balanced | approx 14% balanced, slight seller tilt |
| Burnaby North | approx 8% softer for sellers | approx 13% balanced | approx 15% balanced, modest seller edge |
| Burnaby East | approx 5% clear buyer leaning | approx 9% quieter, still mixed | approx 27% strong seller segment |
The stand out is Burnaby East townhomes, where demand is strong and well priced homes are still competing for attention.
Burnaby South: what we are seeing on the ground
Detached homes in Burnaby South
- More selection, with active listings up more than one third compared with last year
- Fewer sales and a sales to active ratio around 8%
- Typical detached benchmark price around two million, about 10% lower than last November
- Average time on market close to two months
What it feels like
Buyers shopping for a house in Burnaby South are breathing easier. There is more choice and less pressure to rush. For sellers, pricing strategy and presentation matter more than ever, since buyers can compare your home with a bigger pool of listings.
Condos in Burnaby South
- Inventory is up, sales are down and condos take roughly forty days to sell on average
- Typical price sits around seven hundred sixty five thousand, down about six to seven per cent from last year
What it feels like
This is closer to a balanced condo market. Buyers who were priced out earlier in the cycle may now be able to get into buildings or floor plans that used to feel out of reach. Sellers need to watch competing listings within their exact building and line up really well on price and finish.
Townhomes in Burnaby South
- Listings have increased but not as sharply as detached
- Prices have only edged down about three per cent year over year
- The sales to active ratio sits in the mid teens, and average time to sell is about a month
What it feels like
Family friendly townhomes remain a favourite segment. It is more balanced than during the ultra competitive periods of the past few years, but a well presented townhome that checks the boxes on layout, parking and outdoor space can still move quickly.
Burnaby North: where numbers and lifestyle intersect
Detached homes in Burnaby North
- Detached listings are up roughly two thirds over last year
- Sales counts are lower, with an average of about one month on market
- Typical detached price is just over one point nine million, about 7% below last year
With popular neighbourhoods like Brentwood and Parkcrest, we often see a wide range of pricing. Renovated family homes on quiet streets still draw strong interest, while dated homes on busy roads can sit unless they are priced as land value plays.
Condos in Burnaby North
- Inventory is actually slightly lower than last year, but sales are down and time to sell has stretched to roughly forty four days
- Typical condo benchmark around six hundred ninety eight thousand, roughly six per cent below last November
Brentwood high rise product and Simon Fraser University homes each behave a little differently. Higher interest carrying costs mean investors are more selective, which has taken some heat out of the condo segment.
Townhomes in Burnaby North
- Listings up about 44%, sales down
- Townhome benchmark price just over nine hundred twenty thousand, off about 3% year over year
- Sales to active ratio sits around the mid teens, with an average of one month on market
For upsizers leaving a condo or downsizers leaving a detached house, this segment offers a nice “middle lane”. You get more space, but in a market where you can negotiate rather than compete against ten other families.
Burnaby East: quieter for houses, lively for townhomes
Detached homes in Burnaby East
- Fewer detached listings than last year and only a couple of sales in the month
- Typical detached price about one point eight three million, roughly 6% lower than last November
- Very low sales to active ratio that favours buyers
This part of the city often has fewer sales in any given month, so numbers can look choppy. Right now, serious buyers have room to negotiate, especially on properties that have been on the market for a while.
Condos in Burnaby East
- Inventory has climbed more than forty per cent while sales have fallen
- Condos are taking longer to sell and the typical price sits around seven hundred sixty thousand, down just over four per cent year over year
The Edmonds area, in particular, is giving first time buyers some budget friendly options compared with the North and South markets.
Townhomes in Burnaby East
- This is the strongest segment in Burnaby East
- Sales to active ratio is just under thirty per cent, which points to a seller leaning market
- Benchmark townhome price around eight hundred sixty three thousand, down only about 1% from last year
If you are thinking of selling a townhome here, this is one of the bright spots of the Burnaby market. Buyers still want family sized homes close to schools and parks, and there is not a lot of new supply coming online.
What this means if you own in Burnaby
If you are thinking of selling
- Houses
Expect more showings but fewer multiple offer situations. The homes that sell quickly are the ones that hit the sweet spot of price, presentation and timing. Small improvements like fresh paint, lighting and exterior clean up can make a bigger difference now that buyers can compare more listings. - Condos
You are competing directly with other units in your building and neighbouring towers. Floor plan, view corridor and noise exposure are major value drivers. A clear pricing strategy based on the most recent sold data, not just older peak sales, is essential. - Townhomes
If you are in Burnaby East or a family oriented complex in North or South Burnaby, you still have an advantage. We are seeing motivated buyers who are outgrowing condos but not yet ready for single family prices.
If you are looking to buy
- You finally have time to think
With more inventory and longer days on market, you can actually revisit a home, read the strata documents and get a proper inspection without feeling rushed. - You can be more strategic
In many segments, it is possible to negotiate price, completion dates, or conditions that simply were not realistic a few years ago. - Financing still matters
Even with some price relief, qualification and long term affordability are key. We always encourage our clients to stress test their numbers, not just aim for the maximum approval.
Our takeaway as your Burnaby real estate team
The Burnaby market today is more nuanced than a simple “hot or cold” label. Detached homes are moving into a more buyer friendly environment, condos are mostly balanced, and townhomes especially in Burnaby East remain a solid pocket of strength.
For us, the most important question is not “Is the market up or down” but “How does the current market line up with your life plans.” Whether you are making your first purchase, trading up for more space or planning a downsize in the next few years, timing and strategy can turn these numbers into an advantage.
Lean on Experts
If you own or plan to buy in Burnaby and you are wondering what these stats mean for your specific address, we would love to walk through it with you.
Reach out to our team for a no pressure market review that includes:
- A custom price range for your home based on the most recent local sales
- A clear plan for buying and selling in this market without sacrificing your goals
- Answers to your questions in plain language
Send us a message, call, or book a coffee chat and let us help you grow confidently into your next chapter in Burnaby.
The latest data shows more listings, fewer sales, and slightly lower benchmark prices across most property types in Burnaby South, North, and East. Detached homes lean more toward a buyer friendly environment, condos are mostly balanced, and townhomes are mixed, with Burnaby East townhomes still favouring sellers.
It depends on the property type and area. Detached homes in Burnaby South and North have sales to active listings ratios around the single digits, which leans toward buyers. Condos are mostly in the low to mid teens, which feels more balanced. Burnaby East townhomes have a much higher ratio, which still favours sellers.
Benchmark prices are generally a few to ten percent lower than the same time last year. Detached prices have softened the most, often in the mid to high single digits, while condo and townhome prices are down a bit less, depending on the specific neighbourhood and property type.
On average, detached homes are taking about one to two months to sell. Condos and townhomes are typically selling in around one month, although this can be shorter for well priced homes in high demand segments, such as popular townhome complexes in family oriented areas.
The MLS Home Price Index benchmark price represents the typical value of a home in a specific area and property type, based on a standard set of features. It is useful for tracking price trends over time, but your own home’s value can sit above or below this number depending on its condition, updates, exact location, and layout.
The right timing has more to do with your life plans, finances, and comfort level than trying to guess the exact top or bottom of the market. With more inventory and calmer conditions, many buyers now have room to make careful decisions, and sellers who price strategically can still achieve strong results. The best first step is a tailored plan that looks at your property type, neighbourhood, and goals.