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Burnaby Lake Market Stats

Burnaby South, British Columbia

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Burnaby Lake

Log in Buyer's market: listings outpace sales, which historically puts downward pressure on prices. Seller's market at 20% or higher, balanced 12–20%, buyer's under 12%.

Closed home sales over the past month

Burnaby Lake recorded 3 closed sales in September 2026 at a median of $990K. The sales-to-active ratio was 12%. Over the last 30 days the median sold price was $1.56M on 3 sales. 25 homes were listed as of Oct 15, 2026.

Median sold · Sep 2026
$990K
Sales · Sep 2026
3
Median sold · 30 days
$1.56M
Sales · 30 days
3
Inventory · Oct 15
25
Sales / actives · Sep 2026
12.2%
How these figures are calculated

Sales count MLS® closings with a close date in the window. New listings count contracts dated in the window, including listings that later sold or expired.

Inventory is the number of active residential listings as of the nightly snapshot, not a live feed. Calendar-month inventory is the last snapshot in that month, matching board month-end reporting.

Sales-to-active is sales divided by inventory. Greater Vancouver REALTORS® treat 20% or higher as seller’s-market pressure, 12–20% as balanced, and under 12% as buyer’s-market pressure. Months of inventory is inventory divided by the monthly sales pace.

Median sold price, price per square foot, days on market, and percent of original list price are calculated from closed sales in the window. These are not MLS® Home Price Index benchmark prices.

Burnaby Lake housing market report: September 2026

Covers MLS® closings from to . Inventory as of .

3 homes sold in Burnaby Lake in September 2026 at a median price of $990,000, typically after 51 days on market. The sales-to-active ratio was 11.5%.

Burnaby Lake market statistics for September 2026
Metric Sep 2026
# Sold 3
% Above ask Log in
Median sold $990K
Avg sold $1.11M
Median $/sqft $520
Dollar volume $3.32M
Median discount Log in
Median DOM 51
Inventory 26
Months inv. 8.7
Abs. rate 11.5%
New listings 8

Calculated by Resider from MLS® closings reported by Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board and the Chilliwack and District Real Estate Board. Not MLS® Home Price Index benchmarks.

Area features

  • Town centres

    Metrotown, Brentwood, and Lougheed concentrate shopping, employment, and high-density housing.

  • Parks and lakes

    Burnaby Lake, Deer Lake, and Central Park offer large green spaces inside the city.

  • Education

    Simon Fraser University’s Burnaby Mountain campus is a major regional institution.

Transit and commuting

  • SkyTrain

    Metrotown, Patterson, Royal Oak, and Edmonds on the Expo Line.

  • Bus

    Local TransLink buses connect neighbourhoods to SkyTrain and Burnaby town centres.

Most Burnaby South neighbourhoods near SkyTrain can reach downtown Vancouver without transferring more than once.

Source: TransLink

Demographics

Part of City of Burnaby; figures below are citywide

Population
249,125 (2021)
Median household income
$73,500 (2020)
Households
101,135 (2021)

Popular searches in Burnaby Lake

Burnaby Lake real estate FAQ

What was the median sold price in Burnaby Lake last month?
The median sold price in Burnaby Lake was $990K in September 2026, based on 3 closed MLS® sales.
Is Burnaby Lake a buyer’s or seller’s market?
The sales-to-active ratio in Burnaby Lake was 11.5% in September 2026. Greater Vancouver REALTORS® treat 20% or higher as seller’s-market pressure, 12–20% as balanced, and under 12% as buyer’s-market pressure.
How many homes are listed in Burnaby Lake?
25 active residential listings were counted in Burnaby Lake as of October 15, 2026.
Are there homes for sale in Burnaby Lake?
Yes. Resider lists active MLS® homes for sale in Burnaby Lake, Burnaby South, with filters for houses, townhouses, and condos, plus sold-price market stats for the neighbourhood.
How do I see market stats for Burnaby Lake?
This page shows closed sales, median sold prices, days on market, price per square foot, and active inventory for Burnaby Lake. Compare with the wider Burnaby South market from the parent area page.
Are there homes for sale in Burnaby South?
Yes. Resider shows active MLS® listings in Burnaby South, British Columbia, including houses, townhouses, and condominiums, with sold-price market stats on this page.
What market stats can I see for Burnaby South?
This page reports closed sales volume, median and average sold prices, days on market, price per square foot, price trends, and active inventory for Burnaby South.
What is Burnaby South known for?
Burnaby South is known for Metrotown shopping and high-rise living, Central Park, and Expo Line service into Vancouver and Surrey.
What is commuting like from Burnaby South?
SkyTrain is the primary rapid commute option; buses fill gaps away from stations.