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eXp Realty
1500 - 701 West Georgia Street Vancouver, BC V7Y 1G5
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Burnaby is the second largest source of listings on this site after New Westminster, with 156 homes currently listed here. This page covers what Burnaby property costs right now, which neighbourhoods we work in, and how a Burnaby purchase differs from the same purchase in New Westminster. Every price below comes from the Greater Vancouver REALTORS Home Price Index for May 2026.
As of the May 2026 Home Price Index, apartments in Burnaby North benchmark at $689,200 and in Burnaby South at $743,900. Detached property in Burnaby South benchmarks at $2,008,100. Prices have been softening across the region, with the Metro Vancouver detached benchmark at $1,822,900 in July 2026, down 7 percent over the year.
| Area and type | Benchmark price | Source |
|---|---|---|
| Burnaby North, apartment | $689,200 | GVR HPI, May 2026 |
| Burnaby South, apartment | $743,900 | GVR HPI, May 2026 |
| Burnaby South, detached | $2,008,100 | GVR HPI, May 2026 |
| New Westminster, detached | $1,412,900 | GVR HPI, May 2026 |
| New Westminster, townhouse | $868,500 | GVR HPI, May 2026 |
| New Westminster, apartment | $594,600 | GVR HPI, May 2026 |
Benchmark price is the MLS Home Price Index price for a typical property in that area and category. It is not the asking price of any particular listing.
Burnaby is not one market. The 156 listings on this site sit across Metrotown, Brentwood Park, Edmonds, South Burnaby, Burnaby North, Forest Glen, Lougheed and Burnaby East, and each behaves differently. Condominiums dominate the inventory around Metrotown and Brentwood, where the SkyTrain lines run, while the largest detached values sit in South Burnaby and Burnaby North.
Buyers who start their search in Vancouver or Burnaby and then compare prices usually end up looking at the boundary between Burnaby and New Westminster, because the apartment benchmark gap between them is close to $100,000.
Detached property is the clearest difference. In May 2026 Burnaby South benchmarked at $2,008,100 against $1,412,900 in New Westminster, a gap of roughly $595,000. Apartments are closer: Burnaby South at $743,900 against New Westminster at $594,600. Buyers trading location for space usually cross that line.
Three things matter more than the headline price. First, strata buildings around Metrotown and Brentwood vary widely in depreciation report quality, and you should read it before you offer. Second, newer buildings near the SkyTrain carry a premium that does not always hold when you resell. Third, Metro Vancouver sales have been running at roughly a balanced to buyer market through 2026, so there has generally been room to negotiate rather than compete.
We market Burnaby property using its own comparable sales rather than regional averages, because a detached home in South Burnaby and a condominium in Brentwood do not behave the same way. If you are thinking about selling, the first useful step is a comparative market analysis for your specific address and building.
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Written by Vallee Real Estate Group, licensed real estate professionals in British Columbia (Eric Vallee PREC*, licence 136578 and Helen Vallee PREC*, licence 286403). Price data from the Greater Vancouver REALTORS Home Price Index, May 2026, and GVR market statistics, July 2026. Last reviewed 19 October 2026.
eXp Realty
1500 - 701 West Georgia Street Vancouver, BC V7Y 1G5
Serving New Westminster, Burnaby, Vancouver, Richmond, North Vancouver, Coquitlam, Port Moody, Surrey, Maple Ridge, Langley, Delta and Chilliwack.