Burnaby Housing Market: July 2026

Burnaby has 2,046 active listings right now, with a median list price of $898,000. Condos make up more than half of that inventory at 1,122 units, and their median price sits at $679,950. That split matters. If your budget lands near the median, you are shopping mostly in the condo market, while detached houses carry a median of $2,089,000 and townhouses come in at $899,000. Start there.

With 285 new listings added in the last 30 days against 2,046 active, the pace of fresh supply is modest relative to the standing pool. That balance shapes how you negotiate. Your leverage grows in the segments where choices pile up. Consider the price bands: 588 listings sit between $500K and $750K, and another 387 fall between $750K and $1M, so buyers in that range can walk from a stubborn seller and find a comparable unit down the block. Detached buyers face a thinner field, with 514 houses on the market, which shifts the pressure back toward you being patient rather than aggressive. Read the count in your band before you write an offer. A wide field means you set the terms. A narrow one means you move faster and concede more.

Pull the 462 listings priced between $1. 5M and $2. That band holds real depth, and it overlaps with detached houses at a $2,089,000 median and half duplexes at $1,713,944. Cross-check the median of 807 dollars per square foot against anything you like, because a home asking well above that in a segment this crowded gives you room to push back. New builds account for 29. 1 percent of what is on the market, so factor a $455 median strata fee into your monthly math. Then book showings. Numbers narrow the field. Visits close it.