burnaby north CONDO - OCTOBER 2 0 2 5
SALES TO LISTINGS RATIO 16% BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 9% VS 2024
MEDIAN PRICE
TOTAL INVENTORY
SALES
▼ 8% VS 2024
▼ 6% VS 2024
▼ 5% VS 2024
▼ 27% VS 2024
There were 544 condo listings in Burnaby North in October, 4% below September and 5% lower than October 2024. October condo sales decreased by 5% month-over-month, to 88, and were 27% below October 2024.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No. 121 575
% Change
No.
% Change
The sales-to-listing ratio for condos in Burnaby North, at 16%, reflected a balanced market.
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$827 $655,904 $640,000 16% 88 544
-23% -27% -5%
$896 $700,970 $685,000 16% 93 568
-5% -4%
The condo median price in October was $640,000, a 7% decrease from September and 6% below October 2024. The average sold price was $655,904, 6% below last month; the average PSF sale price was $827, down 8% to last month.
$912 $716,023 $682,000 21%
-8% -6% -7% -1.2%
-9% -8% -6%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● OCT 2024 ● OCT 2025
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
625
614
655
652
568
644
539
575
544
562
537
481
443
117
108
93
94
93
121
88
97
94
87
81
79
77
$722K
$715K
$705K
$705K
$685K
$682K
$678K
$659K
$656K
$640K
$628K
$618K
$612K
BURNABY NORTH
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
150
4+ bdrms
6
3 bdrms
100
61
51
2 bdrms
337
27%
50
21%
31
6%
6%
<2 bdrms
2%
143
0
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
S-L RATIO SALES INVENTORY
160 33 21%
162 44 27%
141 9 6%
49 1 2%
18 1 6%
10 0 n/a
2 0 n/a
2 0 n/a
Null
3
Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of November 14, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 15 ●
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