Burnaby North
Burnaby North
Real Estate
Watch RealTours™ Burnaby North
In this episode of RealTours, host Stephen Tadgh heads to the suburbs and finds out that Burnaby North is anything but boring.
Watch now
Burnaby North has many types of homes available for all sorts of Homeseekers.
Listings.
940
Current count.
The number on the left represents a live count of the current number of listings in Burnaby North. In terms of listing views, these tend to remain elevated in Burnaby, though they do vary slightly on a seasonal basis. Burnaby is a popular area for Homeseekers, so sustained interest makes sense.
Listing views.
Two-year trend.
Featured Listings
Single-family
Single-family homes are still a large portion of Burnaby North’s housing stock.
Condo
Condos are increasingly becoming one of Burnaby North’s largest market segments.
Townhome
Burnaby North will see more townhomes in the future as the area’s community plans are implemented.
Multi-family
Duplexes, triplexes and multi-family homes will likely come onto the market as well due to recent provincial legislation changes.
Buying in Burnaby North
Top three questions
How would you describe Burnaby to a potential buyer?
I would describe it as a pretty central location where it’s close to everything, accessible by transit, SkyTrain, or drive. It's a growing community so there’s still so much potential; [it’s a] safe neighbourhood, whether you’re young or a growing family.
What is your overall impression or opinion of the market in Burnaby?
I think that it is strong, during the hot market it peaks, but in the down market, it holds its value very well. There’s lots of development, lots of businesses also that open up from restaurants, shops, clinics to sports facilities. It has everything and you never have to leave it.
How has the property market in Burnaby changed over recent years?
Just from my short experience since I started I think that there are definitely more homes that are being built. It’s attracting young crowds and people, professionals, all sorts of backgrounds. More and more people are considering it if you’re coming from Vancouver and want more space. It will keep growing and rising (in value and in the height of the buildings). It’s like a Downtown 2.0!
Quote
16/10/2024
“More and more people are considering [Burnaby North] if you’re coming from Vancouver and want more space. It will keep growing and rising (in value and in the height of the buildings). It’s like a Downtown 2.0!
Russell Dela CruzRE/MAX Crest Realty
Listing prices.
Five-year trend.
In recent years, the median list price in Burnaby has been below $1 million. This is good news for buyers, because homes that sell for more than $1.5 million have implications in terms of down payments and income requirements. Note that sale prices are consistently lower than list prices in Burnaby, indicating that buyers may have some negotiating power.
Burnaby North
The ultimate
real estate guide.
